BUSSINESS 1

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Total revenue
= Price per unit x quantity of units sold
1 of 13
Total Costs
= Fixed costs + variable costs
2 of 13
Profit
= Total revenue - total contributiom
3 of 13
Contribution per Unit
= Selling price - variable costs per unit
4 of 13
Breakeven Output
= Fixed costs/contribution per unit
5 of 13
Margin of Safety
= Current output - breakeven output
6 of 13
Profit
= Total contributiom - fixed costs
7 of 13
Net Cash Flow
= Cash inflows - cash outflows
8 of 13
Closing Balance
= Opening balance + net cash flow
9 of 13
Profit budget
Profit = income - expenditure
10 of 13
Market Share
Sales of one product or brand/ total sales in market x 100
11 of 13
Market Growth
market growth rate = change in markeyt size/original market size x 100
12 of 13
Market Size
Average price of product x number of units sold
13 of 13

Other cards in this set

Card 2

Front

= Fixed costs + variable costs

Back

Total Costs

Card 3

Front

= Total revenue - total contributiom

Back

Preview of the back of card 3

Card 4

Front

= Selling price - variable costs per unit

Back

Preview of the back of card 4

Card 5

Front

= Fixed costs/contribution per unit

Back

Preview of the back of card 5
View more cards

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