Business Formulae (Most P2) Flashcards by Mani Tamrakar

Q

Profit

A

Revenue - Total costs

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Q

Revenue

A

Price per unit sold x Quantity sold

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Q

Total variable costs

A

Variable cost per unit x Output

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Q

Average unit cost

A

Total costs / Output

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Q

Market share (%)

A

(Business sales/Total market sales) x 100

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Q

Market growth (%)

A

(Change in sales/Market share) x 100

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Q

Break even output

A

Intersection between total costs and total revenue

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Q

Margin of safety

A

Actual sales - Break-even output

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Q

Net cash flow

A

Cash inflows - Cash outflows

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Q

Closing balance

A

Opening balance + Net cash flow

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Q

Gross profit

A

Sales revenue - Cost of sales

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Q

Gross profit margin

A

(Gross profit/revenue) x 100

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Q

Net profit

A

Gross profit - Overheads, tax and interest

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Q

Net profit margin

A

(Net profit/revenue) x 100

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Q

Any % change

A

(New - Old/ Old) x 100

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Q

Average rate of return

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A

(Average annual profit/cost of investment) x 100

Q

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A