Formulas Flashcards
1
Q
3.4 Labour productivity formula
A
Total output
——————
Number of workers
2
Q
3.4 unit costs (average costs) formula
A
Total costs
————————————-
Number of units of output
3
Q
3.4 capacity utilisation formula
A
Current output
————————————- x 100
Maximum possible output
4
Q
Total costs formula
A
Fixed costs + variable costs
5
Q
Profit formula
A
Revenue - total costs
6
Q
Ordinary shares capital formula
A
Issue price of share - number of outstanding shares.
7
Q
Market capitalisation formula
A
Current market price per share x total number of outstanding shares
8
Q
profit margin formula
A
Revenue-cost
——————— x 100
Revenue
9
Q
Total variable costs formula
A
Variable cost per unit x no.units sold
10
Q
Sales revenue/turnover formula
A
Selling price per unit x no. Units sold
