Formulas Flashcards
Total cost =
Fixed cost +variable cost
Unit cost=
Total cost / output
Average revenue
Revenue / number of sales
Total contribution
CPU X sales
Profit
Revenue - costs
Breakeven
Fixed cost / cpu
Gross profit
Revenue - cost of sales
Operating profit
Gross profit - expenses
Profit before tax
Operating profit - financial cost
Profit for the year
Net profit - tax and dividends
Depreciation
Initial cost - (residual value / life of assets)
Current ratio
Current asset / current liabilities
Acid test
Current assets- inventory / non-current liabilities
Gearing ratio
Non-current liabilities/capital employed X 100
Debt to equity ratio
Debt/Equity X100
Interest cover
Operating profit / interest payable
Non-current asset turnover
Revenue / non-current assets
Stock turnover
Cost of stock / average sales
Debtor days
Trade receivables / revenue X365
Creditor days
Trade payables / purchases X365
Gross profit margin
Gross profit/ sales X100
Net profit margin
Net profit/sales X100
CPU
Price per unit - variable cost
