Equations ( Revenue + Costs ) Flashcards
1
Q
Revenue
A
Price x Quantity
2
Q
Percentage change
A
Change / Original x 100
3
Q
Total Costs
A
Total fixed costs + total variable costs
4
Q
Profit
A
Total revenue - total costs
5
Q
Interest in %
A
Total repayment - total borrowed amount / borrowed amount x 100
6
Q
Break even point
A
Total fixed costs / price - average variable costs
7
Q
Break even point in costs / revenue
A
Break even point in units x sales
8
Q
Margin of safety
A
Actual / Budgeted sales - Break even sales
