LO2 - Be able to use financial data to inform business decisions 0.0 / 5 ? BusinessFinanceBTEC NationalOCR Created by: alex123Created on: 19-09-19 09:27 the flow of money into and out of a business grossprofit 1 of 11 the point where total revenue equals total costs netprofit 2 of 11 the money left over after all expenses have been taken away from the revenue breakeven 3 of 11 the money left over after the cost of producing goods or services has been taken away from the revenue cashflow 4 of 11 fixed costs + variable costs totalcosts 5 of 11 Selling price x Units sold revenue 6 of 11 Revenue-total variable costs grossprofit 7 of 11 variable cost per unit x units sold totalvariablecost 8 of 11 gross profit x - expenses netprofit 9 of 11 (net profit/revenue) x 100 netprofitratio 10 of 11 (gross profit /revenue) x 100 grossprofitratio 11 of 11
Unit 2 working in a business LO1 - Understand protocols to be followed when working in business 5.0 / 5 based on 1 rating
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