business equations Flashcards

1
Q

revenue

A

price x quantity

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

profit/loss

A

sales revenue-total costs

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

variable costs

A

cost per unit x quantity

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

net cash flow

A

total inflow-total outflow

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

closing balance

A

opening balance + net cash flow

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

total costs

A

fixed costs + variable costs

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

gross profit

A

sales revenue - cost of sales

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

net profit

A

gross profit - expenses

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

gross profit margin

A

gross profit/revenue x 100

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

net profit margin

A

net profit/revenue x 100

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

ARR

A

average yearly profit/ investment x 100

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