All formulas Flashcards
1
Q
gross profit
A
sales - costs of goods sold
2
Q
net profit
A
gross profit - expenses + income
3
Q
capital
A
assets - liabilities
4
Q
net assets
A
capital employed
5
Q
gross profit margin
A
(gross profit / sales) x 100
6
Q
net profit margin
A
(net profit / sales) x 100
7
Q
return on capital employed
A
(profit / capital employed) x 100
8
Q
current ratio
A
current assets / current liabilities
9
Q
quick acid test ratio
A
(current assets - stock) / current liabilities
10
Q
working capital
A
current assets - current liabilities
11
Q
net assets
A
fixed assets + working capital
12
Q
capital employed
A
shareholders funds + long-term liabilities
13
Q
break-even point
A
total fixed costs / contribution
14
Q
contribution
A
selling price - variable costs
15
Q
total costs
A
fixed + variable costs
