Formulae to learn 1 Flashcards
% change
(new value - original value) / original value x 100
Market share
Sales of a business / total sales in market x 100
Total revenue
Selling price x number sold
Total fixed cost
All fixed costs added together
Total variable cost
Variable cost per unit x number sold
Total cost
Total fixed cost / total variable cost
Profit
Total revenue - total cost
Unit costs
Total costs / output
Contribution per unit
Selling price - variable cost per unit
Break even point
Fixed cost / contribution per unit
Margin of safety
Actual output - break even output
Total contribution
Total revenue - total variable costs
Total revenue / turnover
Selling price x quantity sold
Cost of sales
Total variable costs of quantity sold
Gross profit
Total revenue - cost of sales
Gross profit margin %
Gross profit / revenue x 100
Operating profit
Gross profit - expenses
Operating profit margin %
Operating profit / revenue x 100
Profit for the year / net profit
Operating profit - interest - exceptional items
