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Business B-tech > All equations > Flashcards

All equations Flashcards

1
Q

what is the equation for Gross profit margin?

A

gross profit
_____________ * 100
revenue

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2
Q

What is the equation for mark up?

A

Gross profit
_____________ * 100
cost of sales

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3
Q

What is the equation for net profit margin?

A

Net profit
______
total revenue * 100

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4
Q

What is the equation for ROCE?

A

Net profit before tax
_______
capital employed * 100

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5
Q

What is the equation for Current ratio?

A

Current assets
________________
Current liabilities

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6
Q

What is the equation for acid test ratio?

A

(current assets - inventory)
____________________________
current liabilities

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7
Q

What is the equation for trade payable days?

A

(trade payables/credit purchases)*365

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8
Q

What is the equation for trade recievable days?

A

(trade recievables/credit sales)*365

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9
Q

What is the equation for inventory turn over?

A

(average inventory/cost of sales)*365

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10
Q

What is the equation for total revenue?

A

quantity sold * selling price

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11
Q

What is the equation for break even point?

A

Total Revenue = Total costs

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12
Q

What is equation for contribution per unit?

A

selling price - variable costs per unit

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13
Q

What is the eqution for total contribution?

A

selling price - variable costs

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14
Q

What is the equation for break even point?

A

Fixed costs
_____________________
contribution per unit

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15
Q

What is the equation for margin of safety?

A

sales - breake even level of output

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16
Q

What is the equation for months to break even?

A

break-even units
___________________________
units produced per month

17
Q

What is the equation for annual depreciation?

A

asset purchase price - estimated salvage value
_________________________________________
estimated useful life of asset

18
Q

What is the equation for net assets?

A

Current assets + fixed assets - current liabilites

19
Q

What is the equation for total costs?

A

fixed costs + total variable costs

20
Q

What is the equation for profit?

A

Total revenue - total costs

21
Q

What is the equation for revenue?

A

unit price * quantity of goods sold

22
Q

What is the equation for gross profit?

A

Sales revenue - Cost of Goods sold

23
Q

What is the equation for cost of goods sold?

A

opening inventory + purchases - closing inventory

24
Q

Equation for profit and loss for the year?

A

Gross profit - expenses + other income

25
Q

What is the equation for net book value?

A

Cost - depreciation

26
Q

What is the equation for net current assets?

A

current assets - current liabilities

27
Q

What is the equation for net assets?

A

non-current assets + net current assets - long term liabilities

28
Q

What is the equation for Capital employed?

A

Opening Capital + Profit for the year

29
Q

What needs to be equal on a balance sheet?

A

Net assets = Capital Employed

Business B-tech (7 decks)

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