business formulas Flashcards

1
Q

% Change

A

(new value – original value) / original value x 100

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

Unit Costs

A

Total Cost ÷ Output

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

Interest %

A

(total repayment - borrowed amount)/borrowed amount x 100

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

Total Revenue

A

Selling Price x Number Sold

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

Total Fixed Cost

A

All fixed costs added together

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

Total Variable Cost

A

Variable cost per unit x Number sold

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

Total Cost

A

Total Fixed Cost + Total Variable Cost

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

Profit

A

Total Revenue – Total Cost

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

Contribution per unit

A

Selling Price – Variable cost per unit

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

Break Even Point in units

A

Fixed Cost ÷ Contribution per unit

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

Break even point in currency

A

break even point in units x sales prices

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

Margin of Safety

A

Actual Output – Break Even output

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

Total contribution

A

Total revenue – total variable costs

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

Total contribution

A

Total revenue – total variable costs

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

Total Inflows/ Total Income

A

All inflows/ income added together for that month

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

Total Outflows/ Total Expenditure

A

All outflows/ expenditure added together for that month

17
Q

Net Cash Flow

A

Total inflows/income – Total outflows/expenditure

18
Q

Opening Balance

A

Last month’s closing balance

19
Q

Closing Balance

A

Opening Balance + Net Cash Flow

20
Q

% Change

A

(new value – original value) / original value x 100

21
Q

Unit Costs

A

Total Cost ÷ Output

22
Q

Interest %

A

(total repayment - borrowed amount)/borrowed amount x 100

23
Q

Total revenue/turnover

A

Selling price x quantity sold

24
Q

Cost of Sales

A

Total variable costs of quantity sold

25
Q

Gross Profit

A

Total Revenue – Cost of Sales

26
Q

Gross Profit Margin %

A

Gross Profit ÷ Revenue x 100

27
Q

Operating/net Profit

A

Gross Profit – Expenses

28
Q

Operating/net Profit Margin %

A

Operating Profit ÷ Revenue x 100

29
Q

Average rate of return (ARR)

A

Profit per annum ÷ Capital Outlay (cost) X 100

30
Q

Average rate of return (ARR)

A

average profit per year ÷ initial investment X 100