All Calculatons

Question 1

Variable costs

Answer 1

Variable cost per unit X number of units sold

Question 2

Market capitalisation

Answer 2

Number of issued shares X current share price

Question 3

Expected value (decision trees)

Answer 3

(Pay off of A x Probability of A) + ( Pay off of B x Probability of B)

Question 4

Net gain

Answer 4

Expected value - initial cost

Question 5

Market Growth (%)

Answer 5

Change in size of market / original size

X 100

Question 6

Market share

Answer 6

Sales of product or business /
total sales in market

X100

Question 7

Added Value

Answer 7

Sales Revenue - cost of bought in goods and services

Question 8

Labour productivity

Answer 8

Output over a time period /
Number of employees

Question 9

Unit costs

Answer 9

Total costs /
Number of units of output

Question 10

Capacity Utilisation (%)

Answer 10

Actual output/ max possible output

X100

Question 11

Return on investment (%)

Answer 11

Profit from investment/
Cost of investment

X100

Question 12

Gross profit

Answer 12

Revenue - cost of sales

Question 13

Operating profit

Answer 13

Gross profit - operating expenses

Question 14

Profit for year

Answer 14

Operating profit + profit from other activities - net finance costs - tax

Question 15

GPM/ OPM/ Profit for year Margins

(%)

Answer 15

GP/ OP/ Profit for year
_________________________ X100
Revenue

Question 16

Variance

Answer 16

Budgeted figure - actual figure

Question 17

Contribution per unit

Answer 17

SP - variable costs per unit

Question 18

Total contribution

( 2 ANSWERS)

Answer 18

1) Contribution per unit X units sold

2) Total Revenue - Total VC

Question 19

Break even output

Answer 19

FC/
CPU

Question 20

Margin of Safety

Answer 20

Actual level of output - Break Even level of output

Question 21

Labour Turnover

(%)

Answer 21

Number of staff leaving
__________________________. X100

Number of staff employed

Question 22

Employee retention rate of a time period

(%)

Answer 22

Number of employees who remained
______________________________ X100

Number of employees at start

Question 23

Employee costs as a percentage of turnover

Answer 23

Employee costs/ turnover X100

Question 24

Labour cost per unit

Answer 24

Labour costs/ units of output

Question 25

Capital Employed

Answer 25

Total equity + NCL

Question 26

ROCE. (%)

Answer 26

Operating profit ___________________. X100 Capital employed (Total equity + NCL)

Question 27

Current Ratio

Answer 27

Current assets / Current liabilities

Question 28

Gearing (%)

Answer 28

NCL _______________________ X100 Capital employed (Total equity + NCL)

Question 29

Payable days

Answer 29

Payables / cost of sales X 365

Question 30

Receivable days

Answer 30

Receivables / Revenue X 365

Question 31

Inventory Turnover

Answer 31

Cost of sales / Average inventories held

Question 32

Average rate of return. (%)

Answer 32

Average annual return ___________________________. X 100 Initial cost

Question 33

Net present value

Answer 33

Present Value - cost of investment (To work out present value have to X number by the discount factors)

Question 34

Float time ( FOR critical path/ network analysis)

Answer 34

LFT - Duration - EST (Bottom) (in between). (Top)

Question 35

Critical path Analysis rules

Answer 35

EST Rules (top): . Left to right . Earliest time + duration . Use largest time LFT Rules (bottom node): . Right to left . Latest time - duration . Need to get smallest number each time and end on 0

Question 36

Income elasticity or demand

Answer 36

%change in demand ______________________ % change in income

Question 37

PED- price elasticity of demand

Answer 37

%change in demand ______________________ % change in price