Business calculations Flashcards
(12 cards)
1
Q
market share
A
sales if business/total sales in the market X 100
2
Q
gross profit
A
revenue - cost of sales
3
Q
operating profits
A
gross profit - operating expenses
4
Q
net profit
A
operating profit - interest
5
Q
gross profit margin
A
gross profit/ revenue X 100%
6
Q
operating profit margin
A
operating profit/ revenue X 100%
7
Q
net profit margin
A
net profit before tax/ revenue X 100%
8
Q
capacity utilisation
A
current output/ maximum possible output X100
9
Q
labour productivity
A
total output/ average number of employees
10
Q
labour turnover
A
number of staff leaving over time period/ average number of staff in post during the period
11
Q
labour retention
A
number of staff staying/ average number of staff in post
12
Q
rate of absenteeism
A
number of staff absent on a day/ total number of staff employed
