Equations Flashcards
How do you work out Net Cash Flow?
Cash Inflows-Cash Outflows
How do you work out Closing Balance?
Net Cash Flow + Opening Balance
What’s the equation for Revenue?
Revenue=Price x Quantity
What’s the equation for Total Costs?
Total Costs= Fixed Costs + Variable Costs
What’s the equation for Profit?
Profit= Revenue- Total Costs
What’s the equation for Sales Volume?
Sales Volume= Sales Revenue/ Sales Price
What’s the equation for Total Variable Cost?
Total Variable Cost= Variable Cost x Quantity
What’s the equation for Breakeven?
Breakeven= Fixed costs / Selling price-Variable Cost per unit
What’s the equation for Total Contribution?
Total Contribution= Contribution per unit x Quantity
What’s the equation for Margin of Safety?
Actual sales- Break even point
What’s the equation for a Budget Variance?
Actual Spend- Budget Spend (Spend is interchangeable for Revenue etc..)
What’s the equation for Gross Profit?
Revenue-Cost of goods sold
What’s the equation for Operating Profit?
Revenue-Operating costs
What’s the equation for Net Profit (Profit for the year)
Operating Profit- Tax and Dividends
What’s the equation for Gross Profit Margin?
(Gross Profit/ Revenue)x100
What’s the equation for Operating Profit Margin?
(Operating Profit/Revenue)x100
What’s the equation for Net Profit Margin?
(Net Profit/Revenue)x100
What is the equation for Labour Productivity?
Total Units of Output/ Number of Employees
What is the equation for Capital Productivity?
Total Units of Output/ Number of Machines
What’s the formula for Capacity Utalization?
(Current Output/Maximum Possible Output)x100
What is the equation for Current Ratio?
Current Assets/Current Liabilities (Divide)
What is the equation for the Acid Test Ratio?
(Current Assets-Inventory)/ Current Liabilities
What is the Net Assets equation?
Total Assets-Total Liabilities
What’s the equation for Labour Productivity?
Labour Productivity=Total units of output/ Number of employees (Divide)
What’s the equation for Profit Margin?
Profit Margin=(profit/Revenue) x100
What’s the equation for Capacity Utilization?
Capacity Utilization= (Current Output/ Maximum Possible Output) x100
What’s the equation for Market Share?
Total Company Sales / Total Industry Sales
