Formula Flashcards by Jess Bond

Q

profit?

A

total revenue - total cost

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Q

total cost?

A

fixed cost + total variable costs

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Q

total revenue?

A

selling price * quantity

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Q

total variable cost?

A

variable cost * quantity

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Q

contribution?

A

selling price - variable costs per unit

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Q

profit (part 2)?

A

total contribution - fixed costs

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Q

breakeven?

A

fixed costs / contribution

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Q

margin of safety

A

actual output - breakeven output

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Q

market capitalisation?

A

share price * number of shares

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Q

sales revenue?

A

units sold * price per unit

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Q

sales volume?

A

sales revenue / selling price

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Q

gross profit?

A

revenue - cost of sales (VC)

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Q

operating profit?

A

gross profit - expenses (overheads)

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Q

net profit/profit for the year?

A

operating profit - tax - finance costs

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Q

gross profit margin?

A

gross profit/revenue *100

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Q

operating profit margin?

A

operating profit/revenue * 100

Q

profit for the year margin?

A

profit for the year/revenue * 100