year 1 formulas Flashcards
1
Q
market share=
A
sales
——– X 100
total market sales
2
Q
PED=
A
%change in price
3
Q
YED=
A
%change in income
4
Q
net cash flow=
A
inflows - outflows
5
Q
sales volume=
A
selling price PU
6
Q
total variable costs=
A
units sold X price per unit
7
Q
total costs=
A
fixed costs + variable costs
8
Q
contribution PU=
A
selling price PU - variable costs PU
9
Q
total contribution=
A
contribution PU X No. of units sold
10
Q
Breakeven=
A
contribution PU
11
Q
variance analysis=
A
budget
12
Q
gross profit=
A
sales revenue - costs of sales
13
Q
operating profit=
A
gross profit - overheads
14
Q
net profit=
A
operating profit +/- interest
15
Q
gross profit margin=
A
gross profit
————— X100
Revenue
