calculations Flashcards

1
Q

how to calculate revenue

A

price x quantity

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2
Q

how to calculate variable costs

A

cost of one unit x quantity produced

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3
Q

how to calculate total costs

A

total fixed costs + total variable costs

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4
Q

how to calculate profit

A

revenue-cost

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5
Q

how to calculate interest on loans

A

total repayment – borrowed amount
——————————————— x 100
borrowed amount

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6
Q

how to calculate break even in units

A

fixed cost divided by
(price-variable costs)

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7
Q

how to calculate break even point in revenue/costs

A

break even point in units x price

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8
Q

how to calculate the opening balance

A

the closing balance of the previous period

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9
Q

how to calculate the closing balance

A

opening balance + net cash flow

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10
Q

how to calculate net cash flow

A

cash inflows-cash outflows

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11
Q

margin of safety

A

actual sales-break even sales

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12
Q

gross profit

A

sales revenue-cost of sales

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13
Q

net profit

A

gross profit-other expenses and interest

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14
Q

percentage growth

A

increase in size
———————- x 100
original size

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