Formula Flashcards
Break Even =
Fixed cost/(Sale price - Cost per item)
Revenue =
Price x Quantity
Total Cost =
Fixed Cost + Variable Cost
Profit =
Revenue - Total Costs
Cost of Sales =
Operating stock + Purchases - Closing stock
Gross Profit =
Sales Revenue - Cost of sales
Operating Profit =
Gross Profit - Total expenses
Net Profit before tax =
Operating profit - Interest on loans
Profit after tax =
Net Profit before tax - Corporation tax
Retained Profit =
Profit After tax - Dividens
Gross profit margin =
Gross Profit/Revenue x 100
Net Profit Margin (Before tax) =
Net Profit/Revenue x 100
ROCE (Return On Capital Employed) =
Net Profit/Capital Employed x 100
Liquid Capital Ratio =
(Current Assets - Closing Stock)/Current Liabilities
Current Ratio =
Current Assets/Current Liabilities
Trade receivable days =
Trade receivables/Credit sales x 365
Trade payable days =
Trade payables/Credit Purchases x 365
Inventory Turnover =
Net Sales/Average Inventory Selling Price
Mark up =
Gross Profit/Cost of sales x 100
Net Assets =
Capital Employed
Net Book Value =
Cost - Depreciation
