Business Studies Finance

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Total Revenue
price x quantity sold
1 of 8
Total Cost
fixed cost + variable cost
2 of 8
Gross Profit
total revenue - total costs
3 of 8
Net Cash Flow
receipts - payments (inflow - outflow)
4 of 8
Closing Balance
opening balance + net cash flow
5 of 8
Break-even Point
fixed cost ÷ (unit price - variable unit cost)
6 of 8
Margin of Safety
actual quantity sold - break-even quantity
7 of 8
Net Profit
net sales - cost of goods sold - operating expenses
8 of 8

Other cards in this set

Card 2

Front

Total Cost

Back

fixed cost + variable cost

Card 3

Front

Gross Profit

Back

Preview of the front of card 3

Card 4

Front

Net Cash Flow

Back

Preview of the front of card 4

Card 5

Front

Closing Balance

Back

Preview of the front of card 5
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