Business Unit 2 Formula flashcards

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  • 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

Other cards in this set

Card 2

Front

= ( net profit (before tax) / capital invested ) x100

Back

Return on capital (ROC)

Card 3

Front

= output per period / number of employees

Back

Preview of the back of card 3

Card 4

Front

= ( average number of employees during period / average number of employees ) x100

Back

Preview of the back of card 4

Card 5

Front

= ( number of days taken off / total days worked ) x100

Back

Preview of the back of card 5
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