Economics and Business Formula's for unit 1

Key formulaes needed for Edexcel Unit 1 business and economics.

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  • Created by: Imogen
  • Created on: 18-05-13 11:18
What is the formula for Operating profit?
Sales Revenue - All Costs.
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What is the formula for Operating Profit Margin?
(Operating profit / Sales Revenue) x100.
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What is the formula for Gross Profit?
Sales Revenue - Variable Costs.
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What is the formula for Contribution?
Selling Price per unit - Variable Costs per unit.
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What is the formula for Sales Revenue?
Sales Volume x Selling Price.
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What is the formula for Break-even?
Fixed Costs/ Contribution (contribution is: selling price per unit-variable costs per unit).
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What is the formula for Gross Profit Margin?
(Gross profit / Sales Revenue) x100.
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What is the formula for Net Profit?
All Profit- All Costs.
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What is the formula for Net Profit Margin?
(Net profit / Sales Revenue) x100.
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Other cards in this set

Card 2

Front

What is the formula for Operating Profit Margin?

Back

(Operating profit / Sales Revenue) x100.

Card 3

Front

What is the formula for Gross Profit?

Back

Preview of the front of card 3

Card 4

Front

What is the formula for Contribution?

Back

Preview of the front of card 4

Card 5

Front

What is the formula for Sales Revenue?

Back

Preview of the front of card 5
View more cards

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