formulas Flashcards
Net cash flow
Total Cash Inflow – Total Cash Outflow
Closing balance
Opening balance + Net Cash Flow
Total revenue
Selling Price x Quantity Sold
Total costs
Fixed costs + Total Variable costs
Profit
Total revenue – Total costs
Total contribution
Sales Revenue - Total Variable Costs
Contribution (per unit)
Selling Price – Variable Cost (per unit)
Profit (using contribution)
Contribution per unit x margin of safety
Break-even output
Total Fixed Costs / Unit Contribution
Margin of Safety
Actual Sales – Break-even level of output
Revenue
Unit price x Quantity sold
Gross profit
Sales Revenue – Cost of Goods Sold
Cost of goods sold
Opening Inventory + Purchases – Closing Inventory
Profit/loss for the year
Gross Profit – expenses + other income
Net book value
Cost - Depreciation
