Formulas

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What is the formula for total costs?
Fixed Costs + Variable Costs = Total Costs
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What is the formula for profit?
Total Revenue - Total Costs = Profit
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What is the formula for total variable costs?
Variable Cost Per Unit x Number of Units Sold = Total Variable Cost
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What is the formula for total revenue?
Selling Price Per Unit x Number of Units Sold
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What is the formula for market capitilisation?
Number of Issued Shares x Current Share Price = Market Capitilisation
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Other cards in this set

Card 2

Front

What is the formula for profit?

Back

Total Revenue - Total Costs = Profit

Card 3

Front

What is the formula for total variable costs?

Back

Preview of the front of card 3

Card 4

Front

What is the formula for total revenue?

Back

Preview of the front of card 4

Card 5

Front

What is the formula for market capitilisation?

Back

Preview of the front of card 5

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