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business formulae > formulas > Flashcards

formulas Flashcards

1
Q

what is percent change?

A

(new value – original value) / original value x 100

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2
Q

what are the unit costs?

A

Total Cost ÷ Output

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3
Q

what is insert percent?

A

(total repayment - borrowed amount)/borrowed amount x 100

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4
Q

what is the total revenue?

A

Selling Price x Number Sold

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5
Q

what is the definition for total fixed costs?

A

All fixed costs added together

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6
Q

how do you find the total variable cost?

A

Variable cost per unit x Number sold

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7
Q

how do you find the total cost?

A

Total Fixed Cost + Total Variable Cost

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8
Q

profit

A

Total Revenue – Total Cost

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9
Q

what is the formula for contribution per unit?

A

Selling Price – Variable cost per unit

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10
Q

what is break even points in units?

A

Fixed Cost ÷ Contribution per unit

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11
Q

what is the formula for break even point in currency?

A

break even point in units x sales prices

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12
Q

what is the formula for margin of safety?

A

Actual Output – Break Even output

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13
Q

what is the formula for total contribution?

A

Total revenue – total variable costs

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14
Q

Total Inflows/ Total Income

A

All inflows/ income added together for that month

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15
Q

Total Outflows/ Total Expenditure

A

All outflows/ expenditure added together for that month

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16
Q

net cash flow

A

Total inflows/income – Total outflows/expenditure

17
Q

opening balance

A

Last month’s closing balance

18
Q

closing balance

A

Opening Balance + Net Cash Flow

19
Q

Total revenue/turnover

A

Selling price x quantity sold

20
Q

Cost of Sales

A

Total variable costs of quantity sold

21
Q

Gross Profit

A

Total Revenue – Cost of Sales

22
Q

Gross Profit Margin %

A

Gross Profit ÷ Revenue x 100

23
Q

Gross Profit ÷ Revenue x 100

A

Gross Profit – Expenses

24
Q

Operating/net Profit Margin %

A

Operating Profit ÷ Revenue x 100

25
Q

Average rate of return (ARR)

A

Profit per annum ÷ Capital Outlay (cost) X 100

26
Q

Average rate of return (ARR)

A

average profit per year ÷ initial investment X 100

business formulae (1 decks)

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