Calculations Flashcards
How do you calculate profit?
Revenue-total costs
How do you calculate revenue?
Sales x selling price
How do you calculate total costs?
Variable costs per unit + fixed costs
How do you calculate break even?
Fixed costs/ selling price per unit- variable costs per unit
How do you calculate margin of safety?
(Actual sales - break even point) / selling price per unit
How do you calculate interest rate?
(Total repayment - borrowed amount) / borrowed amount
(x100 for percentage)
How do you calculate net cash flow?
Total inflows - total outflows
How do you calculate opening balance?
Closing balance of the previous month
How do you calculate closing balance?
Net cash flow + opening balance
How do you calculate gross profit?
Revenue - costs
How do you calculate net profit?
Gross profit - expenses
