Business Unit 2 Formula flashcards 0.0 / 5 ? Business StudiesASAQA Created by: Milena W.Created on: 26-05-13 13:34 Net profit margin = ( net profit (before tax) / sales ) x100 1 of 9 Return on capital (ROC) = ( net profit (before tax) / capital invested ) x100 2 of 9 Labour productivity = output per period / number of employees 3 of 9 Labour turnover = ( average number of employees during period / average number of employees ) x100 4 of 9 Absenteeism = ( number of days taken off / total days worked ) x100 5 of 9 Capacity untilisation = ( actual level of output / maximum possible output ) x100 6 of 9 Unit cost = total cost / output 7 of 9 Price elasticity of demand (PED) = % change in quantity / % change in price 8 of 9 Income elasticity of demand (IED) = % change in quantity demanded / % change in real incomes 9 of 9
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