2.1-2.3 Equations Flashcards
1
Q
Sales revenue
A
Price x Quantity
2
Q
Sales volume
A
Sales revenues / price
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
NP margin
A
Net profit / sales revenue x100
8
Q
Current ratio
A
Current assets / current liabilities
9
Q
Acid test ratio
A
Current assets - stock / current liabilities
10
Q
Break even
A
Total fixed costs / contribution per unit
11
Q
Gross profit
A
Sales revenue - cost of sales
