All Calculations Flashcards
(36 cards)
Market share
(Sales of a product or business/ total market sales) x100
Price elasticity of demand
%change in quantity demanded/ %change in price
Income elasticity of demand
%change in quantity demanded / %change in income
Net cash flow
Total inflows- total outflows
Sales volume
Total number of units sold over a period of time
Sales revenue
Number of units sold x unit price
Total variable costs
Number of units sold X variable cost per unit
Total costs
Fixed costs + variable costs
Contribution per unit
Selling price per unit - variable costs per unit
Total contribution
Contribution per units x number of units sold
Break even
Fixed costs /contribution per unit
Variance
Actual- budget
Gross profit
Sale revenue- cost of sales
Operating profit
Gross profit- overheads
Net profit
net before tax / sales x 100
Operating profit margin
Operating profit / sale revenue x100
Gross profit margin
Gross profit/ sales revenue x100
Net profit margin.
Operating profit/ sales revenue
Current ratio
Current assets/current liabilities
Acid test ratio
Current assets- stocks/ liabilities
Productivity
Output per period/ number of employees in that period
Capacity utilisation
Actual level of output/ maximum possible output x100
Gearing Ratio
Non-current liabilities / Capital employment x100
Capital employed
Total Assets- current liabilities
