Business Gcse Formulas Flashcards
1
Q
Total costs
A
TC = FC +VC
2
Q
Revenue
A
R = PxQ
3
Q
Break even
A
FC ÷ P-VC
4
Q
Margin of safety
A
MoS = Actual Sales - Break even sales
5
Q
Interest
A
I = repayement -borrowed amount of money ÷ borrowed amount x 100
6
Q
Net cash flow
A
NCF = cash inflow - cash outflows
7
Q
Opening and closing bank balances
A
8
Q
Gross profit
A
GP = SR - SC
9
Q
Gross profit margin
A
GPM (%) = GP ÷ SR x 100
10
Q
Net profit
A
NP = GP - expenses and interset
11
Q
Net profit margin
A
NP ÷ SR x 100
12
Q
Average rate of return
A
13
Q
A