formulas Flashcards
1
Q
Break even =
A
fixed costs/ selling price - variable costs
2
Q
Variable costs =
A
variable costs per unit x no.of units
3
Q
profit =
A
total revenue - total cost
4
Q
revenue =
A
price x quantity
5
Q
Net cash flow =
A
Inflow - outflow
6
Q
closing balance =
A
NCF + Opening balance
7
Q
closing balance 2
A
Next months opening balance is lasts months closing balance
8
Q
Total costs =
A
variable + fixed
9
Q
Gross profit
A
Revenue - cost of sales
10
Q
net profit
A
Gross profit - expenses
11
Q
Gross profit margin
A
Gross profit ÷ sales of revenue ×100
12
Q
Net profit margin
A
Net profit ÷ sales of revenue × 100
