1. Profit and Loss Flashcards
- Case Equation
E(P=R-C)M
- Economy (3-4 important things) A
Unemployment rate (3.9%)
- Economy B
Disposable income (increasing)
- Economy C
Consumer confidence (97%)
- Economy D
Interest Rates (5%)
- Economy E
Dollar’s strength in currency market
- Economy F
Petrol Prices ($.75 USD/Liter)
- Market A
Size, Growth Rate, Trends
- Market B
Major Players and Market Share
- Market C
How are we doing compared to the competitors
- Market D
Industry Changes (mergers, tech)
- Company A
Who are they, what do they do, what are their products?
- Company B
Size - public or private
- Company C
Growth trends (3 years)
- Company D
Product/Service, product mix, revenue mix and trends
- Company E
Customer Segmentation
- Company F
WCS
- Revenue Streams
What are the major revenue streams, and how have they changed over time
- Costs
What are the major costs, both fixed and variable? How have they changed over time?
- Price and Volume
These are interdependent, and you have to find a good mix. Changing one isn’t always the best answer.