Equations Flashcards
1
Q
Break Even
A
Fixed costs / Contribution per unit
2
Q
Contribution per unit
A
Selling price - variable cost per unit
3
Q
Total Contribution
A
Contribution per unit x Units sold
4
Q
Margin of safety
A
Actual output - break even output
5
Q
Budget variance
A
Actual - Budgetted
6
Q
Gross Profit margin
A
Gross profit / Revenue x 100
7
Q
Net Profit margin
A
Net profit / Revenue x 100
8
Q
Operating Profit margin
A
Operating Profit / Revue x 100
9
Q
Working Capital
A
Current assets / Current liabillities
10
Q
Current ratio
A
Current assets / Current liabillities
11
Q
Acid test ration
A
Current assets - stock / Current liabillities
