dalek

Question 1

net cash flow

Answer 1

cash inflows - cash outflows

Question 2

opening balance

Answer 2

closing balance of previous month

Question 3

closing balance

Answer 3

opening balance + net cash flow

Question 4

net assets

Answer 4

(current + non current assets) - (current + non current liabilities)

Question 5

average yearly profit

Answer 5

total profit / number of years

Question 6

average rate of return

Answer 6

average yearly profit / cost of investment x100

Question 7

margin of safety

Answer 7

actual output - break even output

Question 8

gross profit

Answer 8

revenue - cost of sales

Question 9

net profit

Answer 9

gross profit - overheads (fixed costs)

Question 10

gross profit margin

Answer 10

gross profit / revenue x100

Question 11

net profit margin

Answer 11

net profit / revenue x100

Question 12

market share

Answer 12

business’ sales / total market sales x100

Question 13

market growth

Answer 13

change in market size / original market size x100

Question 14

sales revenue

Answer 14

selling price x number of items sold

Question 15

total variable costs

Answer 15

variable cost per item x number of items sold

Question 16

total costs

Answer 16

fixed costs + total variable costs

Question 17

profit

Answer 17

sales revenue - total costs

Question 18

cost per unit

Answer 18

total costs / number sold