AS KEY CALCULATIONS Flashcards
1
Q
MARKET SHARE (1)
A
sales of a product or business/ total market sales x 100
2
Q
PRICE ELASTICITY OF DEMAND (1)
A
% change in quantity / % change in price
3
Q
INCOME ELASTICITY OF DEMAND (1)
A
% change in quantity demanded / % change in income
4
Q
NET CASH FLOW (2)
A
total inflows - total outflows
5
Q
SALES VOLUME (2)
A
total no. of units sold over a period of time
6
Q
SALES REVENUE (2)
A
price for one x no. sold
7
Q
TOTAL VARIABLE COSTS (2)
A
no. of units sold x variable cost for one
8
Q
TOTAL COSTS (2)
A
fixed costs + variable costs
9
Q
CPU (2)
A
price for one - vc for one
10
Q
TOTAL CONTRIBUTION (2)
A
CPU x number of units sold
11
Q
BREAK EVEN (2)
A
fc / cpu
12
Q
VARIANCE (2)
A
actual - budget
13
Q
GROSS PROFIT (2)
A
revenues - cost of sales
14
Q
OPERATING PROFIT (2)
A
gross profit - overheads
