equations Flashcards
labour productivity
output (per time period)
/number of employees (per time period)
capital productivity
output/capital X100
capacity utilisation
actual output/maximum output X100
operating profit margin
operating profit/sales revenue X100
net profit margin
net profit/sales revenue X100
gross profit
sales revenue - cost of sales
gross profit margin
gross profit/sales revenue X100
operating profit
gross profit - expenses
net profit
operating profit - interest
contribution
selling price - variable costs (per unit)
break even
fixed costs/contribution
current ratio
current assets/current liabilities
acid test ratio
(current assets - stock)/current liabilities
working capital
current assets - current liabilities
EST (esrliest start time)
est of previous activity + duration of previous activity
free float
(est at start + duration) - est at end
total float
(est + duration) - LST (latest start time)
average rate of return
total cash flows - cost of original project
then divide by number of years the project runs for
then divide by the cost of the project and times by 100
net present value
total present values - original investment
present value
net cash flow x discount rate/factor
gearing ratio
loan capital/capital employed X100
ROCE (return on capital employed)
operating profit/capital employed X100
capital employed
(fixed assets + current assets) - current liabilities
or
total equity + non-current liabilities
labour turnover
number of employees leaving/average number of employees X100
absenteeism rate
number of working days lost/total number of working days X100
variance
actual - budgeted
