Formulas Flashcards
1
Q
Net cash flow
A
Total cash inflow - total cash outflow
2
Q
Closing balance
A
Opening balance + net cash flow
3
Q
Total revenue
A
Selling price x quantity sold
4
Q
Total costs
A
Fixed costs + total variable costs
5
Q
Profit
A
Total revenue - total costs
6
Q
Total contribution
A
Sales revenue - total variable costs
7
Q
Contribution (per unit)
A
Selling price - variable costs
8
Q
Break even output
A
Total fixed costs / Unit contribution
9
Q
Margin of safety
A
Actual sales - break even level of output
10
Q
Revenue
A
Unit price x quantity sold
11
Q
Cost of goods sold
A
Opening inventory + Purchases - Closing inventory
12
Q
Profit / loss of the year
A
Gross profit - expenses + other income
13
Q
Net book value
A
Cost - depreciation
14
Q
Gross profit margin
A
Gross profit / Revenue x 100
15
Q
Mark up
A
Gross profit / cost of sales x 100
