calculations year 1

Question 1

theme 1: market share

Answer 1

total sales of business / total sales of market x100

Question 2

theme 1: PED

Answer 2

% change QD / % change in £

Question 3

theme 1: YED

Answer 3

% change QD / % change income

Question 4

theme 2: net cash flow

Answer 4

total inflows - total outflows

Question 5

theme 2: sales volume

Answer 5

total no. of units sold in period

Question 6

theme 2: sales revenue

Answer 6

no. of units sold x unit price

Question 7

theme 2: total variable costs

Answer 7

no. of units sold x variable cost per unit

Question 8

theme 2: total fixed costs

Answer 8

fixed costs + variable costs

Question 9

theme 2: contribution / unit

Answer 9

selling price per unit - variable cost per unit

Question 10

theme 2: total contribution

Answer 10

CPU x no. of units sold

Question 11

theme 2: break even

Answer 11

fixed costs / CPU

Question 12

theme 2: variance

Answer 12

actual - budget

Question 13

theme 2: gross profit

Answer 13

sales revenue - cost of sales

Question 14

theme 2: operating profit

Answer 14

gross profit - overheads

Question 15

theme 2: net profit

Answer 15

operating profit +/- finance costs

Question 16

theme 2: gross profit margin

Answer 16

gross profit / sales revenue x 100

Question 17

theme 2: operating profit margin

Answer 17

operating profit / sales revenue x 100

Question 18

theme 2: profit for the year (margin)

Answer 18

profit for year / sales revenue x 100

Question 19

theme 2: current ratio

Answer 19

current assets / current liabilities

Question 20

theme 2: acid test ratio

Answer 20

(current assets - stock) / current liabilities

Question 21

theme 2: productivity (labour)

Answer 21

output per period (units) / no. of employees in that period

Question 22

theme 2: capacity utilisation

Answer 22

actual level of output / maximum possible output x 100