Personal Finance Formulas 4.5 / 5 based on 8 ratings ? BusinessPersonal FinanceBTEC NationalEdexcel Created by: ChrisJefferyCreated on: 08-05-17 10:46 Average Inventory = (Opening Inventory + Closing Inventory) / 2 1 of 27 Break-Even Point = Fixed Costs / Contribution Per Unit 2 of 27 Cash Available = Opening Balance + Total Inflows 3 of 27 Closing Balance = Opening Balance + Cash Inflows – Cash Outflows 4 of 27 Contribution = Selling Price - Variable Cost 5 of 27 Contribution Per Unit = Selling Price – Variable Cost Per Unit 6 of 27 Cost of Goods Sold = Opening Inventory + Purchases – Closing Inventories 7 of 27 Current Ratio = Current Assets / Current Liabilities 8 of 27 Depreciation (Straight Line) = Historic Value – Residual Value / Expected Life 9 of 27 Gross Profit = Sales Revenue – Cost of Goods Sold 10 of 27 Gross Profit Margin = (Gross Profit / Revenue) X 100 11 of 27 Inventory Turnover = (Average Inventory / Cost of Sales) X 365 12 of 27 Liquid Capital Ratio = Current Assets – Inventory / Current Liabilities 13 of 27 Margin of Safety = Actual Sales in Units – Break-even Level of Output 14 of 27 Mark-Up = (Gross Profit / Cost of Sales) X 100 15 of 27 Net Profit = Gross Profit – Total Expenses 16 of 27 Net Profit Margin = (Net Profit / Revenue) X 100 17 of 27 Profit = Sales Revenue – Total Costs 18 of 27 Profit or Loss For The Year = Gross Profit – Expenses + Other Income 19 of 27 Retained Profit = Profit From Previous Years + Net Profit (Current Year) 20 of 27 Return on Capital Employed (ROCE) = (Net Profit before Interest and Tax / Capital Employed) X 100 21 of 27 Sales Revenue = Selling Price X Number of Units Sold 22 of 27 Total Contribution = Sales Revenue – Total Variable Costs 23 of 27 Total Costs = Fixed Costs + Variable Costs 24 of 27 Total Variable Cost = Variable Cost Per Unit X Quantity or Contribution Per Unit X No. of Units Sold 25 of 27 Trade Payable Days = (Trade Payables / Credit Purchases) X 365 26 of 27 Trade Receivables Days = (Trade Receivables / Credit Sales) X 365 27 of 27
Comments
Report