Answer given as a number Flashcards

1
Q

Current ratio

A

Current assets
_________________
Current liabilities

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Acid test ratio

A

Current assets - inventories
______________________________
current liabilities

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Working capital

A

Current assets- Current liabilities

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

YED

A

% Change in quantity demanded
__________________________________
% Change in income

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

PED

A

% change in quantity demanded
___________________________________
% change in price

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Total float

A

LFT- Duration- EST

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Free float

A

EST (next activity)- duration- EST (this activity)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Contribution per unit

A

Selling price- Variable costs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Net cash flow

A

Total inflow-total outflow

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Sales volume

A

Total number of units sold over a period of time

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Sales revenue

A

Number of units sold X Unit price

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Total variable costs

A

Number of units sold X variable costs per unit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Total costs

A

Fixed costs+ Variable costs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Total contribution

A

Contribution per unit X number of units sold

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Variance

A

Actual- budget

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Gross profit

A

Sales revenue- cost of goods sold

17
Q

Operating profit

A

Gross profit- overheads/ expenses

18
Q

Net profit

A

Operating profit +/- Finance costs

19
Q

Productivity(labour)

A

Output per unit
————————
Number employed

20
Q

Payback

A

Sum invested
————————-
Net cash per time