Formulas Flashcards
1
Q
Total variable cost =
A
Variable cost per unit (VCPU) x Output
2
Q
Total Costs =
A
Fixed Costs + Total Variable Costs
3
Q
Revenue =
A
SPPU x Output
4
Q
Profit =
A
Total revenue - Total costs
5
Q
Net cash flow =
A
Receipts - Payments
6
Q
Closing balance =
A
Net cash flow + Opening balance
7
Q
Gross profit =
A
Sales turnover - Costs of sales
8
Q
Net profit =
A
Gross profit - Overheads
9
Q
Retained profit =
A
Net profit - (tax + dividends)
10
Q
Gross profit margin =
A
(Gross profit/sales turnover) x100
11
Q
Net profit margin =
A
(Net profit/sales turnover) x100
12
Q
Average rate of return (ARR) =
A
(Average annual profit/initial investment cost) x100
13
Q
Market share =
A
(Your sales/market size) x100
14
Q
Net current assets =
A
- CA - CL
* Current assets - Curent liabilities
15
Q
Net assets =
A
Non CA + (Net CA - Non CL)
