1.1c - Revenue and Profit Flashcards
1
Q
Total revenue formula:
A
Average selling price X quantity sold
2
Q
Profit formula:
A
Total revenue - total costs
Business Studies (Final) > 1.1c - Revenue and Profit > Flashcards
Total revenue formula:
Average selling price X quantity sold
Profit formula:
Total revenue - total costs
Business Studies (Final) (143 decks)