Unit 2 Finance Formula Revision

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  • Created by: Joseph.C.
  • Created on: 11-02-18 13:35
Total costs=Fixed costs+________ costs
variable
1 of 9
Revenue=Number of sales X _____ ___ ____
price per unit
2 of 9
Profit=______-expenditure
revenue
3 of 9
Gross profit=_______-cost of sales
revenue
4 of 9
Net profit=gross profit-___________
expenditure
5 of 9
Contribution=______ _____ ___ ____-variable cost per unit
selling price per unit
6 of 9
Break even=fixed costs/____________
contribution
7 of 9
Cost of sales =_____ ____X cost of producing each unit
units sold
8 of 9
Working Capital=current assets-current ___________
liabilities
9 of 9

Other cards in this set

Card 2

Front

Revenue=Number of sales X _____ ___ ____

Back

price per unit

Card 3

Front

Profit=______-expenditure

Back

Preview of the front of card 3

Card 4

Front

Gross profit=_______-cost of sales

Back

Preview of the front of card 4

Card 5

Front

Net profit=gross profit-___________

Back

Preview of the front of card 5
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