7102020 Flashcards
1
Q
Total Costs
A
Total Fixed Costs + Total Variable Costs
2
Q
Revenue
A
Price * Quality
3
Q
Break Even
A
(Fixed Cost) / (Sales Price - Variable Cost)
4
Q
Margin of Safety
A
Actual or Budgeted Sales - Break Even Sales
5
Q
Loan Interest
A
(Total Repayment - Borrowed Amount) / Borrowed Amount
6
Q
Net Cash Flow
A
Cash Inflows - Cash Outflows in a given period
7
Q
Opening Balances
A
Closing Balence of the prevous period
8
Q
Closing Balence
A
Opening Balance + Net Cash Flow
9
Q
Gross Profit
A
Sales Revenue - Cost of Sales
10
Q
Gross Profit Margin
A
Net Profit / Sales Revenue
11
Q
Average Rate of Return
A
(Average Annual Profit * (Total Profit / No of Years)) / Cost of Investment
