Formulas

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Total Costs
fixed costs + variable costs
1 of 12
Profit
total revenue - total costs
2 of 12
Variable Costs
variable cost per unit x number of units sold
3 of 12
Total Revenue
selling price per unit x number of units sold
4 of 12
Market Capitalisation
number of issued shares x current share price
5 of 12
Expected Value
(pay off A x probability A) + (pay off B x probability B)
6 of 12
Net Gain (decision tree)
expected value - initial cost of decision
7 of 12
Market Size (volume)
quantity of goods and services produced in a particular marker over a period of time
8 of 12
Market Size (value)
the total sales revenue generated from selling all of the goods and services produced in a particular market over a period of time
9 of 12
Sales Volume
quantity of goods and services produced by a particular business over a period of time
10 of 12
Sales Value
total sales revenue of a particular businees over a period of time
11 of 12
Market Growth (%) in year 'X'
change in the size of the
12 of 12

Other cards in this set

Card 2

Front

Profit

Back

total revenue - total costs

Card 3

Front

Variable Costs

Back

Preview of the front of card 3

Card 4

Front

Total Revenue

Back

Preview of the front of card 4

Card 5

Front

Market Capitalisation

Back

Preview of the front of card 5
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