Business Studies Formulas 4.5 / 5 based on 3 ratings ? Business StudiesFormulasGCSEOCR Created by: charles kohnCreated on: 05-02-14 18:11 Sales revenue Quantity sold×Selling price 1 of 11 Total Variable Cost Quantity sold×Variable cost per unit 2 of 11 Total Costs Fixed costs+Variable costs 3 of 11 Average cost Total cost÷Amount sold 4 of 11 Break even point Fixed costs÷Selling price (per unit)-Variable cost 5 of 11 Balance carried forward Total income-Total expenditure 6 of 11 Gross profit Selling price-Buying price 7 of 11 Profit margin Gross profit÷Buying price×100 8 of 11 Net profit Gross profit-Costs of running business 9 of 11 Market share Sales of business÷total sales in market×100 10 of 11 Interest paid Amount borrowed×interest rate÷100 11 of 11
Comments
No comments have yet been made