formulas Flashcards
what is percent change?
(new value – original value) / original value x 100
what are the unit costs?
Total Cost ÷ Output
what is insert percent?
(total repayment - borrowed amount)/borrowed amount x 100
what is the total revenue?
Selling Price x Number Sold
what is the definition for total fixed costs?
All fixed costs added together
how do you find the total variable cost?
Variable cost per unit x Number sold
how do you find the total cost?
Total Fixed Cost + Total Variable Cost
profit
Total Revenue – Total Cost
what is the formula for contribution per unit?
Selling Price – Variable cost per unit
what is break even points in units?
Fixed Cost ÷ Contribution per unit
what is the formula for break even point in currency?
break even point in units x sales prices
what is the formula for margin of safety?
Actual Output – Break Even output
what is the formula for total contribution?
Total revenue – total variable costs
Total Inflows/ Total Income
All inflows/ income added together for that month
Total Outflows/ Total Expenditure
All outflows/ expenditure added together for that month
net cash flow
Total inflows/income – Total outflows/expenditure
opening balance
Last month’s closing balance
closing balance
Opening Balance + Net Cash Flow
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
Gross Profit ÷ Revenue x 100
Gross Profit – Expenses
Operating/net Profit Margin %
Operating Profit ÷ Revenue x 100
Average rate of return (ARR)
Profit per annum ÷ Capital Outlay (cost) X 100
Average rate of return (ARR)
average profit per year ÷ initial investment X 100
