Paper 1 Formulas Flashcards
Market Share (%)
Business Sales / Market Sales X 100
Market Size
Total value of all business’s sales in the market
Market Growth (%)
Difference / Original X 100
Total Costs (£)
Fixed Costs + Total Variable Costs
Total Variable Costs (£)
Variable Cost Per Unit X Number of Units
Revenue (£)
Selling Price X Quantity Sold
Profit (£)
Total Revenue – Total Costs
Break Even (Units)
Fixed Costs / Contribution
Contribution (per unit) (£)
Selling Price per unit – Variable Cost per unit
Total Contribution
Total Revenue – Total Variable Costs
or
Contribution per unit X Number of Units
Margin of Safety
Actual Level of Output - Break Even Point output
Net Cash Flow (£)
Inflows – Outflows
Gross Profit (£)
Sales Revenue – Cost of Sales
Net Profit (£)
Sales Revenue – Cost of Sales – Expenses
[or] Gross Profit – Expenses
Gross Profit Margin (%)
Gross Profit / Revenue X 100
