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6. what is the formula for gross profit
- selling price + total costs
- closing balance + actual sales
- sales revenue - costs of goods sold
- current assets + quantity sold
7. what is the formula for gross profit
- sales revenue - costs of goods sold
- opening balance / total costs
- sales revenue - unit price
- total fixed costs x total costs
8. what is the formula for net assets?
- non current assets + net current assets - non current liabilities
- total fixed costs / quantity sold x unit price
- opening balance + closing balance - total costs
- total cash inflow - current liabilities + sales revenue
9. what is the formula for revenue?
- actual sales - quantity sold
- unit price x quantity sold
- current assets- current liabilities.
- costs - depreciation
10. what is the formula for net current assets?
- current assets - current liabilities
- opening balance- total variable costs
- cost - selling price
- sales revenue - total costs
11. What is the formula for closing balance?
- selling price x quantity sold
- sales revenue - cost of goods sold
- opening balance + net cash flow
- cash inflows + cash outflow
12. what is the formula for total revenue?
- selling price x quantity sold
- unit price x quantity sold
- current liabilities + quantity sold
- total cash inflow - total cash outflow
13. what is the formula for net book value?
- total costs + total revenue
- current assets + current liabilities
- cost - depreciation
- contribution x quantity sold
14. what is the formula for profit?
- total revenue - total costs
- cost - depreciation
- selling price - variable cost per unit
- opening balance +purchases - closing balance
15. What is the formula for net cash flow?
- sales revenue + goods sold
- total revenue - total cost
- total cash inflow- total cash outflow
- cost - depreciation
16. what is the formula for margin of safety?
- actual sales - break even level of output
- opening balance - current liabilities
- total revenue + foxed costs
- sales revenue- total variable costs
17. what is the formula for profit using contribution
- cost of goods sold- sales revenue
- cost - unit contribution
- contribution per unit x margin of safety
- unit price x quantity sold