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BTEC Business Unit 3 📊 > Formulas > Flashcards

Formulas Flashcards

1
Q

What is the equation for Net Cash Flow?

A

Total inflow - Total outflow

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2
Q

What is the equation for Total Revenue?

A

Selling price x Quantity sold

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3
Q

What is the equation for Total Costs?

A

Fixed costs + Total variable costs

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4
Q

What is the equation for Total Contribution?

A

Revenue - Total variable costs

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5
Q

What is the equation for Contribution Per Unit?

A

Selling price - Variable cost per unit

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6
Q

What is the equation for Profit (using Contribution)?

A

Contribution per unit x Margin of safety

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7
Q

What is the equation for Break-even?

A

Total fixed costs ÷ Contribution per unit

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8
Q

What is the equation for Margin of Safety?

A

Revenue - Break even

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9
Q

What is the equation for Cost of Goods Sold?

A

(Opening inventory + Purchases) - Closing inventory

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10
Q

What is the equation for Gross Profit?

A

Revenue - COGS

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11
Q

What is the equation for Net Profit?

A

Total revenue - Total expenses

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12
Q

What is the equation for Net Book Value?

A

Cost - Depreciation

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13
Q

What is the equation for Net Current Assets?

A

Current assets - Current liabilities

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14
Q

What is the equation for Net Assets?

A

(Non current assets + Net current assets) - Long term liabilities

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15
Q

What is the equation for Capital Employed?

A

Capital + Retained profit

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16
Q

In balance sheets, what needs to balance?

A

Net assets = Capital employed

17
Q

What is the equation for Gross Profit Margin?

A

(Gross profit ÷ Revenue) x 100

18
Q

What is the equation for Mark-up?

A

(Gross profit ÷ COGS) x 100

19
Q

What is the equation for Profit Margin?

A

(Profit ÷ Revenue) x 100

20
Q

What is the equation for Return on Capital Employed?

A

(Profit ÷ Capital employed) x 100

21
Q

What is the equation for Current Ratio?

A

Current assets ÷ Current liabilities

22
Q

What is the equation for Liquid Capital Ratio?

A

(Current assets - Inventory) ÷ Current liabilities

23
Q

What is the equation for Trade Receivable Days?

A

(Trade receivables ÷ Credit sales) x 365

24
Q

What is the equation for Trade Payable Days?

A

(Trade payables ÷ Credit purchases) x 365

25
Q

What is the equation for Inventory Turnover?

A

(Average inventory ÷ Cost of sales) x 365

26
Q

What is the equation for Straight Line Depreciation?

A

(Historic value – Residual value) ÷ Expected life

BTEC Business Unit 3 📊 (27 decks)

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