Formula Sheet Flashcards
Net Cash Flow
Total Cash Inflow – Total Cash Outflow
Closing Balance
Opening Balance + Net cash flow
Total Revenue
Selling Price X Quantity Sold
Total Costs
Fixed cost + Total Variable Costs
Profit
Total Revenue – Total Costs
Total Contribution
Sales Revenue – Total Variable Costs
Contribution (per Unit)
Selling price – Variable cost (per unit)
Profit (Using Contribution)
Contribution per Unit X Margin of safety
Break-even output
Total Fixed Cost/Unit Contribution
Break-even output
Total Fixed Cost/Unit Contribution
Margin of Safety
Actual Sales – Break-even level of Output
Revenue
Unit Price X Quantity Sold
Gross Profit
Sales Revenue – Cost of goods sold
Cost of goods sold
Opening Inventory + Purchases – Closing inventory
Profit/Loss for the year
Gross Profit – expenses + other income
Net book value
Cost – Depreciation
Net current assets
Current Assets – Current Liabilities
Net Assets
Non-Current Assets + Net Current Assets – Long Term Liabilities
Capital Employed
Opening Capital + Profit for the year less drawings
Balance sheet (what needs to balance?)
Net Assets = Capital Employed
Gross profit Margin
Gross Profit/Revenue X 100
Mark-up
Gross Profit / Cost of Sales X 100
Profit Margin
Profit / Revenue X 100
Return on capital employed
Profit/Revenue X 100
Current Ratio
Current assets / Current Liabilities
Liquid Capital Ratio
Current Assets – Inventory / Current Liabilities
Trade Receivable days
Trade Receivables / Credit Sales x 365
Trade payable days
Trade Payables / Credit Purchases X 365
Inventory Turnover
Average Inventory / Cost of sales X 365
