Profit related formulas Flashcards
1
Q
Profit
A
Revenue - total costs
2
Q
Total costs
A
Fixed + Variable costs
3
Q
Total Variable Costs
A
Variable cost per unit x Number of units sold
4
Q
Sales revenue / Turnover
A
SP per unit x Number of units sold
5
Q
Sales Growth
A
Change in sales / sales of product in year x-1
6
Q
added value
A
Sales revenue - cost of bought-in goods and services
7
Q
Total Contribution
A
CPU x Units produced
8
Q
Contribution
A
SP - UC
