Year 1 Flashcards
Sales revenue
Selling price x quantity
Variable costs
VC per unit x no of units sold
Total costs
Fixed + variable
Profit
Total rev - total costs
Market capitalisation
Shares sold x share price
Market growth (%)
New market - old market
———————————— x100
Old market size
Market share (%)
Sales
————— x100
Total market size
Sales growth (%)
Sales this yr- sales last yr
———————————— x 100
Sales last yr
Price elasticity of demand
% change in quantity demanded
———————————————
% change in price
Income elasticity of demand
% change in quantity demanded
———————————————
% change in real income
Labour productivity
Output per period
————————
No of employees
Return on investment (%)
Return on investment
—————————— x100
Cost of investment
Percentage change in profit
Current yes profit - last yrs profit
————————————— x100
Last yrs profit
Gross profit margin (%)
Gross profit
—————— x100
Sales rev
Operating profit margin (%)
Operating profit
———————— x100
Sales rev
Profit for yr margin (%)
Profit for yr
—————— x100
Sales rev
Net gain
Expected value - initial cost of decision
Units costs
Total cost of production
———————————
No units of output produced
Capacity utilisation (%)
Actual output in given time period
———————————
Maximum possible output per period
X100
Contribution per unit
Selling price - variable costs per unit
Total contribution
Contribution per unit x units sold
Total revenue - total variable costs
Break even output
Fixed costs
———————————
Contribution per unit
Margin of safety
Actual level of output - break even level of output
Labour turnover
No staff leaving in yr
——————————— x100
No staff employee in yr
Employee retention rate
No staff leaving in yr
——————————— x100
No staff employee in yr
Employee costs as % of turnover
Employee costs
——————————— x100
Sales turnover
Labour costs per unit
Labour costs
——————
Units of output
