formulas 2 Flashcards by Oliver Alford | Brainscape

Q

calculate sales revenue

A

price x quantity

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Q

calculate sales volume

A

sales revenue/selling price

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Q

calculate total cost

A

fixed costs + total variable costs

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Q

calculate contribution (per unit)

A

selling price - variable cost (per unit)

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Q

calculate break even point (from contribution)

A

fixed cost/contribution (per unit)

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Q

calculate gross profit

A

revenue-cost of sales

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Q

calculate gross profit margin

A

gross profit/revenue x 100

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Q

calculate operating profit

A

gross profit-other expenses

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Q

calculate operating profit margin

A

operating profit/revenue x100

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Q

calculate net profit

A

operating profit-interest

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Q

calculate net profit margin

A

net profit/revenue x 100

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Q

calculate current ratio

A

current asset/current liabilities 2:1

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Q

calculate acid test ratio

A

current assets-stock/current liabilities 1:1

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Q

calculate working capital

A

current assets-current liailities

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