calculations Flashcards
how to calculate revenue
price x quantity
how to calculate variable costs
cost of one unit x quantity produced
how to calculate total costs
total fixed costs + total variable costs
how to calculate profit
revenue-cost
how to calculate interest on loans
total repayment – borrowed amount
——————————————— x 100
borrowed amount
how to calculate break even in units
fixed cost divided by
(price-variable costs)
how to calculate break even point in revenue/costs
break even point in units x price
how to calculate the opening balance
the closing balance of the previous period
how to calculate the closing balance
opening balance + net cash flow
how to calculate net cash flow
cash inflows-cash outflows
margin of safety
actual sales-break even sales
gross profit
sales revenue-cost of sales
net profit
gross profit-other expenses and interest
percentage growth
increase in size
———————- x 100
original size