equations for mini tests Flashcards

1
Q

revenue

A

price x quantity

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2
Q

variable costs

A

variable cost per unit x units sold

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3
Q

total costs

A

fixed costs + variable costs

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4
Q

profit (2)

A

total revenue - total costs

total contribution - fixed costs

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5
Q

market cap

A

issued shares x share price

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6
Q

market share (%)

A

sales of one / total sales in market x 100

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7
Q

added value

A

sales revenue - cost of bought in goods and services

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