BUSSINESS 1 0.0 / 5 ? Business StudiesASAQA Created by: Maisie ShawCreated on: 03-05-13 11:15 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
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