raising finance 2.1 formulas Flashcards
1
Q
contribution per unit
A
selling price - variable costs
2
Q
real income
A
change in household income after change in prices
% change in household income - inflation
3
Q
revenue
A
quantity x selling price
4
Q
break even
A
( selling price - variable costs per unit
5
Q
total contribution
A
contribution per unit X quantity sold
6
Q
margin of safety
A
sales volume - break even output
7
Q
current ratio
A
current liabilities
8
Q
acid test ratio
A
current liabilities
