Theme 2 Flashcards
1
Q
Net cash flow
A
Total inflows - Total Outflows
2
Q
Sales Volume
A
Number of units/time
3
Q
Sales Revenue
A
Number of units sold x sales price
4
Q
Total VC
A
Number of units sold x variable cost per unit
5
Q
Total Costs
A
Fixed costs + variable costs
6
Q
Total Contribution
A
Contribution per unit x Number of units sold
7
Q
Break-even
A
Fixed Cost/contribution per unit
8
Q
Variance
A
Actual-Budget
9
Q
Gross Profit
A
Sales revenue - cost of sales
10
Q
Operating profit
A
Gross profit- overheads
11
Q
Net profit
A
Operating profit +/- finance costs
12
Q
Gross profit margin
A
(Gross profit/sales revenue) x 100
13
Q
Operating profit margin
A
(Operating/sales revenue) x 100
14
Q
Net profit margin
A
(Profit of the year/sales revenue) x 100
15
Q
Current ratio
A
Current assets/current liabilities
