1 Flashcards
1
Q
Sales volume
A
Sales revenue/price
2
Q
Sales revenue
A
Price * Quantity
3
Q
Total costs
A
Fixed costs + variable costs
4
Q
Total variable
A
Total costs - Fixed costs
5
Q
Profit
A
Total revenue - total costs
6
Q
Net profit
A
Operating profit - Interest
7
Q
Net profit margin
A
Net profit / Sales revenue *100
8
Q
Current ratio
A
Current assets / current liabilities
9
Q
Acid test ratio
A
Current assets - inventory / current liabilities
10
Q
Break even
A
Total fixed costs / contribution per unit
11
Q
Contribution
A
Selling price - variable cost per unit
12
Q
Margin of safety
A
Total output - break even point
13
Q
Gross profit margin
A
Gross profit / sales revenue * 100
14
Q
Operating profit
A
Gross profit - expenses
15
Q
Operating margin
A
Operating profit / sales revenue * 100
