Calculations Flashcards
Calculation for Market share (Theme 1)
Sales in a business
—————————— x100
Total Market sales
Calculation for PED (Theme 1)
% change in quantity demanded
————————————————— x100
% change in price
Calculation for YED (Theme 1)
% change in quantity demanded
—————————————————
% change in income
Calculation for net cash flow (Theme 2)
Total inflows-Total outflows
Calculation for Sales Volume (Theme 2)
Total number of sales sold over a period of time
Calculation for Sales revenue (Theme 2)
Number of units sold x unit price
Calculation for Total variable costs (Theme 2)
Number of units sold x variable cost per unit
Calculation for Total costs (Theme 2)
Fixed costs + variable costs
Calculation for Contribution per unit (Theme 2)
Selling price per unit - Variable cost per unit
Calculation for Total contribution (Theme 2)
Contribution per unit x number of units sold
Calculation for Break even (Theme 2)
Fixed costs
———————————
Contribution per unit
Calculation for variance (Theme 2)
Actual - budget
Calculation for Gross profit (Theme 2)
Sales revenue - costs of sales
Calculation for operating profit (Theme 2)
Gross profit - operating expenses
Calculation for Net profit (Theme 2)
Operating profit +- finance costs