Theme 2 Formula Flashcards
1
Q
Net cash flow
A
Total inflows - total outflows
2
Q
Sales volume
A
Total number of units sold over a period of time
3
Q
Sales revenue
A
Number of units sold X unit price
4
Q
Total variable costs
A
Number of units sold X variable cost per unit
5
Q
Total costs
A
Fixed costs + variable costs
6
Q
Contribution per unit
A
Selling price per unit - variable cost per unit
7
Q
Total contribution
A
Contribution per unit X number of units sold
8
Q
Break even
A
Fixed costs / contribution per unit
9
Q
Variance
A
Actual - budgeted
10
Q
Gross profit
A
Sales revenue - cost of sales
11
Q
Operating profit
A
Gross profit - operating expenses
12
Q
Net profit
A
Operating profit - tax
13
Q
Gross profit margin
A
(Gross profit / revenue) X 100
14
Q
Operating profit margin
A
(Operating profit / revenue) X 100
15
Q
Net profit margin
A
(Net profit / revenue) X 100
