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Paper 1 EBO > 1.6.1 Revenue and costs > Flashcards

1.6.1 Revenue and costs Flashcards

1
Q

How is sales volume calculated?

A

Total sales revenue/ selling price

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2
Q

How is sales revenue calculated

A

selling price x output

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3
Q

How is annual interest rate calculated?

A

total loan amount x interst rate

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4
Q

How are average costs calculated?

A

Total costs / output

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Paper 1 EBO (20 decks)

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