Theme 2 calculations Flashcards
1
Q
SALES VOLUME
A
Sales revenues / Price
2
Q
SALES REVENUE
A
Price x Quantity
3
Q
TOTAL COSTS
A
Fixed costs + Variable costs
4
Q
TOTAL VARIABLE
A
Total costs - Fixed costs
OR
Average variable x Output
5
Q
AVERAGE VARIABLE
A
Variable costs / Output
6
Q
PROFIT
A
Total revenue - Total costs
7
Q
NET PROFIT
A
Operating profit - (Interest / Tax)
8
Q
NET PROFIT MARGIN
A
(Net profit / Sales revenue) x100
9
Q
GROSS PROFIT
A
Sales revenue - Cost of sale
10
Q
GROSS ROFIT MARGIN
A
(Gross profit / Sales revenue) x100
11
Q
OPERATING PROFIT
A
Gross profit - Expenses
12
Q
OPERATING PROFIT MARGIN
A
(Operating profit / Sales revenue) x100
13
Q
CURRENT RATIO
A
Current assets / Current liabilities
14
Q
ROCE RATIO
A
(Operating profit / Capital employed) x100
15
Q
CAPITAL EMPLOYED
A
Total equity + Non-current liabilities
