formulas Flashcards
what is the formula for revenue
Units sold X Selling price per unit
what is the formula for gross profit
Revenue - Cost of sales
what is the formula for net profit
Gross profit - Expenditure
what is the formula for Gross profit margin
Gross profit / Revenue (X100)
what is the formula for Net profit margin
Net profit / revenue (X100)
what is the formula for mark-up
Gross profit / Cost of sales (X100)
what is the formula for ROCE
Net profit before tax and interest / capital employed (X100)
what is the formula for current ratio
Current assets / current liabilities
what is the formula for liquid capital ratio
Current assets - inventory / current liabilities
what is the formula for trade receivable days
Trade receivables / Credit sales (X365)
what is the formula for trade payable days
Trade payable / credit purchases (X365)
what is the formula for inventory turnover
Average inventory / cost of sales (X365)
what is the formula for break even
Fixed costs / Contribution per unit
what is the formula for contribution per unit
Selling price - Variable costs
what is the formula for straight line depreciation
(Historical price - Residual value) / Expected life
what is the formula for reducing balance depreciation
Starting value - set percentage
