Theme 2 : formulas Flashcards
1
Q
Gross Profit
A
Sales Revenue - Cost of sale
2
Q
Operating Profit
A
Gross Profit - Expenses
3
Q
Profit for the Year (Net Profit)
A
Operating Profit - Intrest
4
Q
Gross Profit Margin
A
Gross Profit / Sales Revenue x 100
5
Q
Operating Profit Margin
A
Operating Profit / Sales Revenue x 100
6
Q
Profit for the Year (Net Profit) Margin
A
Profit for the Year (Net Profit) / Sales Revenue x 100
7
Q
Current Ratio
A
Current Assets / Current Liabilities
8
Q
Acid Test Ratio
A
Current Assets - Stock / Current Liabilities
9
Q
Profit
A
Total Revenue - Total Costs
10
Q
Working Capital
A
Current Assets - Current Liabilities
11
Q
Sales Volume
A
Sales Revenue / Price
12
Q
Sales Revenue
A
Price x Quantity
13
Q
Total Costs
A
Fixed Costs + Variable Costs
14
Q
Total Variable
A
Total Costs - Fixed Costs or Average Variable x Output
15
Q
Average Variable
A
Variable Costs / Output
