Formula Flashcards
1
Q
Profit
A
Revenue - costs
2
Q
Revenue
A
Profit x Quality
3
Q
Total Costs
A
Fixed Costs + Variable Costs
4
Q
Total Variable Costs
A
Variable Cost per unit x Output
5
Q
Average Unit Cost
A
Total Costs/Output
6
Q
Market Share (%)
A
Business Sales/Market sales x 100
7
Q
Market Growth
A
Change in Sales/Market Sales
8
Q
Break-Even output
A
TR and TC intersecting the line
9
Q
Margin of safety
A
Actual sales - break even output
10
Q
Net cash flow
A
Cash inflow - cash outflow
11
Q
Closing balance
A
Opening balance + net cash flow
12
Q
Gross profit margin
A
Gross profit / revenue X 100
13
Q
Net profit margin
A
Net profit / revenue X 100
14
Q
Percentage change
A
New % - old % / old % X 100
15
Q
Average Rate of Return
A
Average annual profit / cost of investment X 100
