formulas Flashcards
formula for total costs
total fixed costs + total variable costs
fixed cost
total cost - variable cost
variable cost
total costs - fixed costs
revenue
selling price per unit x quantity sold
profit / loss
revenue - total costs
average unit costs
total costs ÷ output
net cash flow
total cash inflows - total cash outflows in a given period of time
opening balance
closing balance of previous period
closing balance
opening balance + net cashflow
margin of safety
actual or budgeted output - break even point
average rate of return%
average annual profit (total profit ÷no. of years ) x 100
÷
cost of investment
gross profit
sales revenue - cost of sales
gross profit margin %
gross profit ÷ sales revenue x 100
operating profit
gross profit - overheads
net profit
gross profit - overheads , tax + interest
net profit margin%
net profit ÷ sales revenue x100
net current assets
total current assets - total current liabilities
net assets
non current assets + net current assets - non current labilities
total equity
value of net assets
market share
sales of one product ÷ total sales of market as a whole x 100
profit / loss from break even chart
total revenue - total costs
