Calculations Flashcards
1
Q
Net cash flow
A
Cash inflows - cash outflows
2
Q
Closing balance
A
Opening balance + net cash flow
3
Q
Sales volume
A
Sales revenue / selling price per unit
4
Q
Sales revenue
A
Selling price x quantity sold
5
Q
Total costs
A
Fixed costs + total variable costs
6
Q
Fixed costs
A
Total costs - variable costs
7
Q
Total variable costs
A
Total costs - fixed costs
8
Q
Contribution per unit
A
Selling price - variable costs per unit
9
Q
Break-even point
A
Fixed costs / contribution per unit
10
Q
Margin of safety
A
Actual output - break-even output
11
Q
Variance analysis
A
Budgeted figure - actual figure
12
Q
Gross profit
A
Sales revenue - cost of sales
13
Q
Cost of sales
A
Opening stock + purchases - closing stock
14
Q
Operating profit
A
Gross profit - expenses
15
Q
Net profit
A
Operating profit - Interest & tax
