BUSINESS STUDIES THEME 1 0.0 / 5 ? Business StudiesFinancial equationsA2/A-levelEdexcel Created by: sophlou98Created on: 09-05-17 12:42 What is the equation for YED? %change in income / %change in demand 1 of 9 Percentage change New price- old price / old price x 100 2 of 9 What is the equation for capacity utilisation? Current output/ maximum output x 100 3 of 9 What is the equation for break even? Fixed costs/ contribution per unit 4 of 9 What is the equation for PED? % change in QD/ % change in price 5 of 9 Contribution per unit? Selling price per unit- variable costs 6 of 9 What is the equation for sales revenue? Number of units sold x price 7 of 9 What is the equation for current ratio? Current assets/ current liabilities 8 of 9 What is the equation for acid test ratio? (Current assets- stock)/ current liabilities 9 of 9
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