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Business Studies A2 > Formulae > Flashcards

Formulae Flashcards

1
Q

Revenue =

A

average selling price x quantity sold

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2
Q

Profit =

A

revenue - total costs

OR

total contribution - fixed costs

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3
Q

Market capitalisation =

A

current share price X shared issued

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4
Q

Ordinary share capital =

A

number of shares sold X price they were sold for

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5
Q

Decision tree expected value of outcome =

A

probability X pay-off

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6
Q

Net gain =

A

EV - initial cost

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7
Q

Market share =

A

(sales of company / total sales in market) x 100

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8
Q

Value =

A

volume X average price

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9
Q

Market growth =

A

(change / original amount) x 100

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10
Q

Sales growth =

A

((sales this year - sales last year) / sales last year) X 100

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11
Q

PED =

A

% change in demand / % change in price

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12
Q

YED =

A

% change in demand / % change in income

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13
Q

Labour productivity =

A

output per period / number of employees at work

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14
Q

Re-order level =

A

(lead time (days) X average daily use) + buffer stock

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15
Q

Debt to equity ratio =

A

(debts / long term funding) X 100

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16
Q

Return on investment =

A

((financial gains - total cost) / initial cost) X 100

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17
Q

Total contribution =

A

contribution per unit x units sold

OR

sales revenue - variable costs

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18
Q

Contribution per unit =

A

selling price - variable costs per unit

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19
Q

Break-even point =

A

fixed costs / contribution per unit

20
Q

Target profit output =

A

(fixed costs + target profit) / contribution per unit

21
Q

Length of cycle =

A

time goods are held in stock + time taken for receivables to be paid - period of credit received from suppliers

22
Q

Gross profit margin =

A

(gross profit / revenue) x 100

23
Q

Gross profit =

A

revenue - cost of sales

24
Q

Profit for year margin =

A

(profit for year / revenue) x 100

25
Q

Operating profit margin =

A

(operating profit / revenue x 100)

26
Q

Labour turnover =

A

(number of employees leaving during period / average number employed during period) X 100

27
Q

Employee costs as a % turnover =

A

(employee costs / revenue x 100)

28
Q

Retention rate =

A

(number of employees with X years service / overall workforce numbers) x 100

29
Q

Capital employed =

A

total equity + non-current liabilities

30
Q

Net current assets =

A

current assets - current liabilities

31
Q

Net assets =

A

non-current assets + net-current assets - non-current liabilities

32
Q

Assets employed =

A

net current assets + non-current assets

33
Q

Equity formula =

A

total assets - total liabilities

34
Q

Working capital =

A

current assets - current liabilities

35
Q

Profit for the year =

A

profit before tax - tax on profit

36
Q

Profit before tax =

A

operating profit + finance income - finance costs

37
Q

ROCE =

A

(operating profit / capital employed) X 100

38
Q

Current ratio =

A

current assets / current liabilities

39
Q

Gearing =

A

(long term liabilities / capital employed) X 100

40
Q

Receivable days (debtor days) =

A

(receivables / revenue) X 365

41
Q

Payable days (creditor days) =

A

(payables / cost of sales) X 365

42
Q

Inventory turnover =

A

cost of sales / average stock held

43
Q

Aggregate demand =

A

C + I + G + (X-M)

44
Q

Payback =

A

(total left before payback is reached / net returns in year payback is reached) X 52

45
Q

ARR =

A

((total net return / no. of years) / initial cost) X 100

46
Q

Average cost per unit =

A

total cost / output

47
Q

Total float time =

A

LFT - duration - EST

Business Studies A2 (74 decks)

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