Equations Flashcards
1
Q
Percentage change
A
Difference/orginal x 100
2
Q
Revenue
A
Sales x Price
3
Q
Total Costs
A
Fixed Costs + Variable Costs
4
Q
Average Unit Costs
A
Total Cost/Output
5
Q
Profit
A
Revenue - Cost
6
Q
Market Share
A
Sale value of your business/ Orignal sales value x 100
7
Q
Market growth
A
Change in sales value/Orignal sales value x 100
8
Q
Average rate of return
A
Average annual profit/Cost of investment x 100
9
Q
Break even output
A
Total Costs = Total Revenue
10
Q
Margin of Safety
A
Current output level - Break even output level
11
Q
Net Cash Flow
A
Total inflows - Total outflows
12
Q
Closing Balance Cash Flow
A
Opening balance + Net cash flow
13
Q
Opening Balance Cash Flow
A
Closing balance of the previous month
14
Q
Gross Profit
A
Revenue - Cost of sales
15
Q
Operating Profit
A
Gross Profit - Expenses
