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Business > Business formula paper 2 > Flashcards

Business formula paper 2 Flashcards

1
Q

How to calculate % Change

A

(new value – original value) / original value x 100

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2
Q

How to calculate unit cost?

A

Total Cost ÷ Output

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3
Q

How to calculate Interest %?

A

(total repayment - borrowed amount)/borrowed amount x 100

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4
Q

How to calculate Total

revenue/turnover?

A

Selling price x quantity sold

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5
Q

How to calculate Cost of Sales/

A

Total variable costs of quantity sold

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6
Q

How to calculate Gross Profit?

A

Total Revenue – Cost of Sales

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7
Q

How to calculate Gross Profit Margin %?

A

Gross Profit ÷ Revenue x 100

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8
Q

How to calculate Operating/net Profit?

A

Gross Profit – Expenses

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9
Q

How to calculate Operating/net Profit Margin %?

A

Operating Profit ÷ Revenue x 100

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10
Q

Average rate of return (ARR)

A

Profit per annum ÷ Capital Outlay (cost) X 100

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11
Q

Average rate of return (ARR)

A

average profit per year ÷ initial investment X 100

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Business (2 decks)

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