Formula Flash Cards
When the sales are 45 and the price is £120 what is the revenue?
( include the formula for revenue)
Revenue=number of sale x price per unit
45 x £120 = £5,400
When cost is £9800 and the cost is £12000 what is the total cost?
(Include the formula for total cost)
Total cost = fixed cost + variable costs
9800+ 12000 = 21,800
When the sales are 240 and variable cost is £260 what is the total variable cost
(Include the formula for total variable cost)
Total variable cost = number of sales x variable cost per unit
240 x 260 = £62,400
When revenue is £7800 and £5600 is spent what is the profit?
(Include the formula for profit)
Profit = revenue - expenditure
7800-5600 = £2,200
When revenue is £4200 and costs are £9800 what is the gross profit?
(Include the formula for gross profit)
Gross profit = revenue - cost of sales
4200 - 9800 = -£5,600
Find the net profit when _ is £3,000 and _ is £1,200 what is the net profit?
(Include the formula for net profit)
Net profit = gross profit - expenditure
£3,000 - £1,200 = £2,800
What is the formula for net profit
Net profit = gross profit - expenditure
What is the formula for net assets
Net assets = assets - liabilities
What is the formula for net current assets
Net current assets = current assets - current liabilities
What is the formula for gross profit margin?
Gross profit margin(%) = (gross profit / sales revenue) x 100
What is the formula for net profit margin
Net profit margin(%) = (net profit / sales revenue) x 100
What is the formula for current ratio?
Current ratio = current assets / current liabilities
What is the formula for Liquid capital ratio?
Liquid capital ratio = (current assets - inventories) / current liabilities
What is the formula for net cash flow?
Net cash flow = cash inflow - cash outflow
What is the formula for closing balance
Closing balance = opening balance + net cash flow
