Formulas Flashcards by Mz Unknown | Brainscape

Q

How to calculate profit?

A

Revenue - costs

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

How to calculate revenue?

A

Price x quantity

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

How to calculate total costs?

A

Fixed costs + variable costs

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

How to calculate total variable costs?

A

Variable cost per unit x output

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

How to calculate average unit cost?

A

Total costs / output

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

How to calculate market share? (%)

A

Business sales / market sales x 100

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

How to calculate market growth? (%)

A

Change in sales / original sales x 100

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

How to calculate break-even output?

A

Total revenue & total costs

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

How to calculate margin of safety?

A

Actual sales - break-even output

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

How to calculate net cashflow?

A

cash inflows - cash outflows

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

How to calculate closing balance?

A

Opening balance + net cashflow

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

How to calculate gross profit margin?

A

Gross profit / revenue x 100

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

How to calculate net profit margin?

A

Net profit / revenue x 100

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

How to calculate % change?

A

New - original / original x 100

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

How to calculate change in %?

A

New % - old %

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

How to calculate Average Rate Of Return? (%) ARR

A

Average annual profit / cost of investment x 100

Q

How to calculate gross profit?

A

Revenue - cost of goods