Equations Flashcards
What is the equation for Net cash flow?
Total inflows - Total outflows
What is the equation for Closing balance?
Opening balance + Net cash flow
What is the equation for Total revenue?
Selling price x Quantity sold
What is the equation for Total costs?
Fixed costs + Total variable costs
What is the equation for Profit?
Total revenue - Total costs
What is the equation for Total contribution?
Sales revenue - Total variable costs
What is the equation for Contribution per unit?
Selling price - Variable cost per unit
What is the equation for Profit using contribution?
Contribution per unit x Margin of safety
What is the equation for Break-even output?
Total Fixed Costs / Unit contribution
What is the equation for Margin of safety?
Actual sales - Break-even level of output
What is the equation for Revenue?
Selling price x Quantity sold
What is the equation for Gross profit?
Sales revenue - Costs of Goods Sold
What is the equation for Cost of Goods Sold?
Opening Inventory + Purchases - Closing Inventory
What is the equation for Net Profit/Loss?
Gross profit - Expenditure
What is the equation for Net Book value?
Cost - Depreciation