FORMULAS TO LEARN FROM ALL A-F Flashcards

1
Q

Profit =

A

Sales/Total Revenue - Total Costs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Total Costs =

A

Fixed Costs + Variable Costs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Total Revenue =

A

Price X Amount Sold

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Breakeven =

A

Fixed Assets / Unit Of Contribution

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Unit Of Contribution Formula =

A

Selling Price – variable cost per unit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Margin Of Saftey (MOS) =

A

MOS = Sales - Breakeven

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Margin Of Saftey Profit Formula(MOSP) =

A

Margin Of Safety X Unit contribution

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Current Ratio =

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Liquid Capital Ratio =

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Trade Recivable Days Formula

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Trade Payables =

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Inventory Turnover =

A

Before You Can Work Out

  1. Average Inventory
  2. Cost Of Goods Sold

YOU MUST LEARN THE OTHER FORMULA PIC

ON NEXT FLASHCARD

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

How to work out

  1. Average Inventory
  2. Cost Of Goods Sold

TO BE ABLE TO WORK OUT INVENTORY TURNOVER

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Return On Capital Employed (ROCE) =

A

Net Profit / Capital Employed X100

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Gross Profit Margin =

A

Gross Profit ➗ Revenue x100

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Markup =

A

Gross Profit ➗ Cost Of Goods Sold x100

17
Q

Net Profit Margin =

A

Net Profit Margin = Net Profit ➗ Revenue X100

18
Q

Gross Profit Formula?

A

expenses + other revenue income

19
Q

Net Proft Formula?

A

gross profit - expenses