Formulae Flashcards
F: Net cash flow
Total Cash Inflow - Total Cash Outflow
F: Closing balance
Opening balance + Net Cash Flow
F: Total revenue
Selling price x Quantity Sold
F: Total costs
Fixed costs + Total Variable costs
F: Profit
Total revenue - Total costs
F: Total contribution
Sales revenue - Total Variable Costs
F: Contribution (per unit)
Selling price - Variable cost (per unit)
F: Profit (using contribution)
Contribution per unit x margin of safety
F: Break-even output
Total Fixed Costs ÷ Unit Contribution
F: Margin of Safety
Actual Sales - Break even level of output
F: Revenue
Unit price x Quantity sold
F: Gross profit
Sales Revenue - Cost of Goods Sold
F: Cost of goods sold
Opening Inventory + Purchases 0 Closing Inventory
F: Profit/loss for the year
Gross Profit - expenses + other income
F: Net book value
Cost - Depreciation
F: Net current assets
Current Assets - Current Liabilities
F: Net assets
Non-current assets + Net current assets - Long term liabilities
F: Capital employed
Opening Capital - Profit for the Year less drawings
F: Balance sheet (what needs to balance?)w
Net assets = Capital employed
F: Gross profit margin
Gross Profit ÷ Revenue x 100
F: Mark-up
Gross Profit ÷ Cost of Sales x 100
F: Profit margin
Profit ÷ Revenue x 100
F: Return on capital employed (ROCE)
Profit ÷ Capital Employed x 100
F: Current ratio
Current Assets ÷ Current Liabilities
F: Liquid capital ratio
(Current Assets - Inventory) ÷ Current Liabilities
F: Trade receivable days
Trade Receivables ÷ Credit Sales x 365
F: Trade payable days
Trade Payables ÷ Credit Purchases x 365
F: Inventory turnover
Average Inventory ÷ Cost of Sales x 365
