Formulas Flashcards
1
Q
Total Revenue
A
Total sales x selling price
2
Q
Total costs
A
Fixed costs + total variable costs
3
Q
Profit
A
Revenue - total costs
4
Q
Net cash flow
A
Inflows - outflows
5
Q
Closing balance
A
Opening balance + net cash flow
6
Q
Opening balance
A
Closing balance of previous month
7
Q
Contribution
A
Price - variable costs
8
Q
Breakeven point
A
Fixed costs / contribution
9
Q
Margin of safety
A
Actual sales - breakeven point
10
Q
Gross profit
A
Revenue - cost of sales
11
Q
Net profit
A
Revenue - cost of sales + operating costs & interest
12
Q
Gross profit margin
A
Gross profit / revenue x 100
13
Q
Net profit margin
A
Net profit / revenue x 100
14
Q
Market share
A
Business or product total sales / total market sales x 100
15
Q
Current ratio
A
Current assets / current liabilities :1
