Formulas Flashcards by Taylor Walker | Brainscape

Q

Sales volume formula

A

total value of sales / selling price per unit

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Q

Sales revenue formula

A

Volume sold x average selling price

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Q

Contribution per unit formula

A

Selling price per unit - variable cost per unit

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Q

Break-even formula

A

Fixed costs / contribution per unit

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Q

Margin of safety formula

A

Actual output / break even point

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Q

Gross profit formula

A

Total revenue - costs of sales

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Q

Gross profit margin forumla

A

Gross profit / revenue x 100

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Q

Operating profit formula

A

Gross profit - operating expenses

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Q

Operating profit margin formula

A

Operating profit / revenue x 100

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Q

Net profit formula (Profit for the year)

A

Operating profit - Interest and tax

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Q

Net profit margin formula

A

Net profit / revenue x 100

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Q

Current ratio formula

A

Current assets / current liabilities

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Q

Acid test ratio formula

A

Current assets - stock / current liabilities

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Q

Capacity utilisation formula

A

Actual output / maximum output x 100

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