Equations Flashcards
1
Q
Gross profit
A
GP=Revenue- Cost of Sales
2
Q
Revenue
A
R=Selling price x Quantity sold
3
Q
Profit
A
P=Revenue-Costs
4
Q
Margin of Safety
A
MoS= Actual output in units-breakeven output in unit
5
Q
Breakeven output
A
BE=FC/(SP-VC)
6
Q
Net profit
A
NP=GP-Expenses
7
Q
Gross profit margin
A
GPM=GP/Revenue x 100
8
Q
Net profit margin
A
NPM=NP/Revenue x 100
