Formulas Flashcards
1
Q
Net profit
A
Gross profit - expenses
2
Q
Gross profit
A
Sales revenue - cost of sale
3
Q
Sales revenue
A
Selling price X quantity sold
4
Q
Sales revenue
A
Selling price X quantity sold
5
Q
Total variable cost
A
Variable cost per unit X units
6
Q
Contribution
A
Sales price - variable cost per unit
7
Q
Break even output
A
Total fixed costs / unit contribution
8
Q
Profit
A
Total revenue - total costs
9
Q
Cost of goods sold
A
Opening inventory + purchases - closing inventory
10
Q
Margin of safety
A
Actual sales- break even level of output
11
Q
Gross profit margin
A
Gross profit/revenue X 100
12
Q
Net cash flow
A
Total cash inflow - total cash outflow
