formulas Flashcards
1
Q
gross profit margin
A
gross profit
divided by
sales x 100
2
Q
A
3
Q
margin of safety
A
actual sales - break even output
4
Q
current ratio
A
current assets.
divides by
current liabilities
5
Q
non current asset
A
property
land
equipment
vehicles.
6
Q
trade - recievables
A
trade receivables
divided by credit sales
x 365
7
Q
contribution per unit
A
selling price - variable cost p
8
Q
break even
A
fixed cost
divided by
contribution per unit
