Formulas Flashcards
1
Q
Total cost =
A
Fixed cost +variable cost
2
Q
Unit cost=
A
Total cost / output
3
Q
Average revenue
A
Revenue / number of sales
4
Q
Total contribution
A
CPU X sales
5
Q
Profit
A
Revenue - costs
6
Q
Breakeven
A
Fixed cost / cpu
7
Q
Gross profit
A
Revenue - cost of sales
8
Q
Operating profit
A
Gross profit - expenses
9
Q
Profit before tax
A
Operating profit - financial cost
10
Q
Profit for the year
A
Net profit - tax and dividends
11
Q
Depreciation
A
Initial cost - (residual value / life of assets)
12
Q
Current ratio
A
Current asset / current liabilities
13
Q
Acid test
A
Current assets- inventory / non-current liabilities
14
Q
Gearing ratio
A
Non-current liabilities/capital employed X 100
15
Q
Debt to equity ratio
A
Debt/Equity X100
