numerical Flashcards
index numbers
new year price/base year price x 100
market share
total rev of the company/total rev of the market x100
market growth
difference in total sales revenue of the market/original sales revenue for the market x100
price elasticity of demand
% change in quantity demanded/ percentage change in price
income elasticity of demand
%change in demand/% change in income
cost plus pricing
production/ variable cost + percentage increase
break even
fixed costs/ selling price - vc
net cash flow
inflows - outflows
closing balance
opening balance + net cash flow
productivity
total output/ total input (workers or machines) x 100
ROCE
operating profit/capital employed x 100
gearing
non current liabilities/ capital employed
current ratio
current assets/ current liabilities
labour turnover
number of employees leaving during period/ average number employed during period x 100
labour retention
number of staff staying/ average number of staff in post x 100
