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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