Revenue, cost and profit formulas Flashcards
1
Q
Total revenue
A
Selling price x quantity sold
2
Q
Total costs
A
Fixed costs + variable costs
3
Q
Profit
A
Total revenue - total costs
finance business > Revenue, cost and profit formulas > Flashcards
Total revenue
Selling price x quantity sold
Total costs
Fixed costs + variable costs
Profit
Total revenue - total costs