Formulas Flashcards
1
Q
Net Cash Flow
A
Total cash inflow - Total cash outflow
2
Q
Opening Balance
A
Closing balance of previous year
3
Q
Closing balance
A
Opening balance + Net monthly cash flow
4
Q
Sales Rev
A
Price times number of items sold
5
Q
Sales volume
A
Selling revenue divided by selling price
6
Q
Total costs
A
Fixed costs + Variable costs
7
Q
Break Even Output
A
Total fixed costs divided by contribution per unit
8
Q
Contribution per unit (1)
A
Price per unit - Variable cost per unit
9
Q
Total Contribution (1)
A
Total revenue - Total variable costs
10
Q
Total Contribution (2)
A
Unit Contribution times total number sold
11
Q
Margin of Safety
A
Actual output - BE output
12
Q
Profit Budget
A
Income budget - Expenditure budget
13
Q
Variance
A
Budgeted - Actual
14
Q
Gross profit
A
Revenue - Cost of sales
15
Q
Operating Profit
A
Gross profit - other operating expenses
