key fomulas

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  • Created by: Emily5497
  • Created on: 12-02-19 09:51
total costs
fixed costs + variable costs
1 of 13
total variable costs
variable cost per unit x number of units
2 of 13
revenue
price x quantity
3 of 13
average rate of return
average yearly profit x 100 / cost of investmeant
4 of 13
break even
fixed costs/selling price-variable cost
5 of 13
margin of safety
actual output-break even quantity
6 of 13
gross profit
revenue-cost of sales
7 of 13
operating profit
gross profit-overheads
8 of 13
net profit
operating profit -tax and intrest
9 of 13
gross profit margin
gross profit/revenue
10 of 13
net profit margin
net profit/revenue
11 of 13
net cash flow
inflows-outflows
12 of 13
closing balance
net cash flow + opening balance
13 of 13

Other cards in this set

Card 2

Front

variable cost per unit x number of units

Back

total variable costs

Card 3

Front

price x quantity

Back

Preview of the back of card 3

Card 4

Front

average yearly profit x 100 / cost of investmeant

Back

Preview of the back of card 4

Card 5

Front

fixed costs/selling price-variable cost

Back

Preview of the back of card 5
View more cards

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