Theme 1 and Theme 2 equations

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Market share
(sales of product or business/ total markt sales) * 100
1 of 23
PED
% change in quanitity demanded / % change in price
2 of 23
YED
% Change in quntity demanded / % change in income
3 of 23
Net cash flow
inflows - outflows
4 of 23
sales volume
units sold / time
5 of 23
sales revenue
units sold * unit price
6 of 23
total variable costs
units sold * variable cost per unit
7 of 23
total costs
fixed costs + variable costs
8 of 23
contribution per unit
seling price per unit - variable cost per unit
9 of 23
total contribution
contribution per unit * units sold
10 of 23
break-even point
fixed costs / contribution per unit
11 of 23
variance
actual - budget
12 of 23
gross profit
sales revenue - cost of sales
13 of 23
operating profit
gross profit - overheads
14 of 23
net profit
operating profit + finance costs
15 of 23
gross profit margin
(gross profit / sales revenue) * 100
16 of 23
operating profit margin
(operating profit / sales revenue) * 100
17 of 23
net profit margin
(net profit /sales revenue) * 100
18 of 23
current ratio
current assets / current liabilites
19 of 23
acid test ratio
(current assets - stock) / current liabilities
20 of 23
labour productivity
(units output in time period) / employees
21 of 23
capacity utilisation
(actual output / maximum possible output) * 100
22 of 23
% mark-up
(difference in price / original cost) * 100
23 of 23

Other cards in this set

Card 2

Front

PED

Back

% change in quanitity demanded / % change in price

Card 3

Front

YED

Back

Preview of the front of card 3

Card 4

Front

Net cash flow

Back

Preview of the front of card 4

Card 5

Front

sales volume

Back

Preview of the front of card 5
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