theme 2 formulas Flashcards
1
Q
sales volume
A
sales revenue / price
2
Q
sales revenue
A
price X quantity
3
Q
total costs
A
fixed costs + variable costs
4
Q
total variable costs
A
total costs - total fixed costs
5
Q
total variable costs 2
A
variable cost per unit X quantity
6
Q
average variable cost
A
variable costs / ouput
7
Q
profit
A
revenue - total costs
8
Q
net profit
A
operating profit - interest
9
Q
net profit margin
A
net profit / sales revenue X100
10
Q
gross profit
A
sales revenue - cost of sales
11
Q
gross profit margin
A
gross profit / sales revenue X100
12
Q
cost of sales
A
sales revenue - gross profit
13
Q
operating profit
A
gross profit - expenses
14
Q
operating profit margin
A
operating profit / sales revenue X100
15
Q
break even
A
total fixed costs / contribution per unit
