Business calculations Flashcards
how do you calculate market growth?
(New market size – Old Market size) ÷ Original size of the market
* 100
how do you calculate market share?
Sale of one product or brand or business ÷ Total Sales in the Market * 100
how do you work out percentage change?
New Value – Original Value ÷ Original Value * 100
how do you calculate total revenue?
Selling Price * Quantity Sold
how do you calculate total variable costs?
VC per unit * Quantity Sold
how do you calculate total costs?
Fixed Costs + Variable Costs
how do you calculate profit?
Total Revenue – Total Costs
how do you calculate contribution per unit?
Selling Price – Variable Cost
how do you calculate total contribution?
Contribution per unit * Units Sold
how do you calculate breakeven?
Fixed Costs ÷ (Selling Price per unit – Variable Costs per unit)
how do you calculate margin of safety?
Actual or Budgeted Sales − Break even point
