Performance Measurement Flashcards
1
Q
Gross Revenue =
A
Total sales achieved.
2
Q
Sales Revenue =
A
Gross Revenue - Deductions.
3
Q
Contribution =
A
Sales Revenue - Variable Costs.
4
Q
Gross Profit =
A
Sales Revenue - Cost of Sales.
5
Q
Gross Margin =
A
(Gross Profit) / (Sales Revenue) x 100.
6
Q
Operating Profit (A.K.A Earning Before Interest and Tax) =
A
Gross Profit - Other Expenses.
7
Q
Operating Margin =
A
(Operating Profit) / (Sales Revenue) x 100.
8
Q
Return on Capital Employed (ROCE) =
A
(Operating Profit) / (Capital Employed).
9
Q
Central to the Balanced Scorecard is…
A
Vision & Strategy.
10
Q
The Balanced Scorecard consists of…
A
Financial, Internal Business Processes, Learning & Growth & Customer.
