business formulas need to know Flashcards
1
Q
A
2
Q
net cash flow
A
cash inflows-cash outflows
3
Q
closing balance
A
opening balance plus net cash flow
4
Q
sales volume
A
sales revenue divided by selling price
5
Q
sales revenue
A
selling price times quantiity sold
6
Q
total costs
A
variable costs plus fixed costs
7
Q
fixed costs
A
toal costs minus varibale costs
8
Q
contribution per unit
A
selling price-variable cost
9
Q
break even point
A
fixed costs divided by contribiution (selling price-variable cost)
10
Q
margin of safety
A
actaul outpput-break even output
11
Q
gross profit
A
revenue-cost of sales
12
Q
operating profit
A
gorss profit-ther operating expenses
13
Q
net profit
A
operating profit-interest
14
Q
gross profit margin
A
gross profit divided by revenue times 100
15
Q
net porfit margin
A
net profit divided by revenue times 100
