Formulae Flashcards
1
Q
formula for revenue
A
Price per unit x Quantity sold
2
Q
formula for total costs
A
Variable costs + Fixed costs
3
Q
formula for closing balance
A
Net cash flow + Opening balance
4
Q
formula for revenue
A
quantity sold x price per unit
5
Q
formula for gross profit
A
sales revenue - variable costs
6
Q
formula for net profit
A
sales revenue - total costs
7
Q
formula for gross profit margin
A
(gross profit / sales revenue) x100
8
Q
formula for net profit margin
A
(net profit / sales revenue) x100
