AQA FORMULAE BARDZO WAΕ»NE πππππ΄π»π΄π»π΄π»π΄π» Flashcards
Profit
Profit = revenue - costs
Revenue
Revenue = price * quantity
Total costs
Total costs = fixed costs + variable costs
Total variable costs
Total variable costs = variable costs * output
Average unit cost
average unit costs = Total costs / output
Market share (%)
Market share percentage = business sales divided by market sales times by 100
Market growth (%)
Market growth = Change in sales / original sales * 100
Break-even output
Break-even output is the point at which revenue and total costs are the same, meaning the business is making neither a profit nor a loss
Margin of safety
Margin of safety = actual sales - break-even output
Net cash flow
Net cash flow = cash inflows - cash outflows
Closing balance
Closing balance = opening balance + net cash flow
Gross profit margin
Gross profit margin = gross profit over revenue times 100
Net profit margin
Net profit margin = net profit over revenue times 100
Percentage change
Percentage change = new-old/old*100
Change in %
New % - old %
