Finance Formula

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Formula For Total Revenue
Total Revenue= Price X Quantity
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Formula For Total Costs
Total Costs= Fixed Costs + Variable Costs
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Formula For Profit/Loss
Profit/Loss= Total Revenue - Total Costs
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Formula For Net Cash Flow
Net Cash Flow = Reciepts (Inflows) - Payments (Outflows)
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Formula For Closing Balance
Closing Balance= Opening Balance + Net Cash Flow
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Other cards in this set

Card 2

Front

Total Costs= Fixed Costs + Variable Costs

Back

Formula For Total Costs

Card 3

Front

Profit/Loss= Total Revenue - Total Costs

Back

Preview of the back of card 3

Card 4

Front

Net Cash Flow = Reciepts (Inflows) - Payments (Outflows)

Back

Preview of the back of card 4

Card 5

Front

Closing Balance= Opening Balance + Net Cash Flow

Back

Preview of the back of card 5

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