Formulas Flashcards
1
Q
Revenue:
A
Revenue= price x quantity sold
2
Q
Total Costs:
A
Total Costs= Fixed Costs + Variable Costs
3
Q
Profit:
A
Profit= Revenue - Total Costs
4
Q
Market Capitalisation:
A
Market Capitalisation= Current Market Price x Number of Shares Sold
5
Q
Unit Costs:
A
Unit Costs= Total Costs/ Output (number produced)
6
Q
Market Growth:
A
Market Growth= Change/ Original x 100
7
Q
Sales Growth:
A
Sales Growth= Change/ Original x 100
8
Q
Market Share:
A
Market Share= sales of one brand/ total market sales x 100