Formula Flashcards
1
Q
Net cash flow
A
Total inflows- total outflows
2
Q
Opening balance
A
Last months closing balance
3
Q
Closing balance
A
Net Cash flow+ opening balance
4
Q
Revenue
A
Price x quantity
5
Q
Break even formula
A
Fixed cost/ Selling price- variable cost per unit (Answered in units)
6
Q
Working Capital
A
Current assets- current liabilites
