Business Unit 1 Formula flashcards Here's some flash cards I have done for my exam. I hope you find this helpful. 4.0 / 5 based on 2 ratings ? Business StudiesEconomic growthASAQA Created by: Milena W.Created on: 19-05-13 19:44 Total revenue = selling price x quantity 1 of 17 Total cost = fixed cost x variable cost 2 of 17 Profit = total revenue - total cost 3 of 17 Contribution per unit = selling price per unit - variable cost per unit 4 of 17 Total contribution = contribution per unit x number of units sold 5 of 17 Break-even = fixed cost / contribution per unit 6 of 17 Market size = all sales by firms added together 7 of 17 Market share = sales (of one particular thing/brand) / total market size x 100 8 of 17 Market growth = difference between size of old & new market / size of old market x 100 9 of 17 Net cash flow = total inflows - total outflows 10 of 17 Closing balance = net cash flow + opening balance 11 of 17 Margin of safety = current output = break-even output 12 of 17 Percentage change in profit = (current profit - previous profit) / previous profit x 100 13 of 17 Gross profit = revenue - variable costs 14 of 17 Net profit = revenue - (fixed cost - variable cost) 15 of 17 Net profit margin = net profit / revenue x 100 16 of 17 Return on capital employed (ROCE) = net profit / capital employed x 100 17 of 17
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