business formulas Flashcards

(30 cards)

1
Q

% Change

A

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

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2
Q

Unit Costs

A

Total Cost ÷ Output

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3
Q

Interest %

A

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

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4
Q

Total Revenue

A

Selling Price x Number Sold

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5
Q

Total Fixed Cost

A

All fixed costs added together

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6
Q

Total Variable Cost

A

Variable cost per unit x Number sold

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7
Q

Total Cost

A

Total Fixed Cost + Total Variable Cost

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8
Q

Profit

A

Total Revenue – Total Cost

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9
Q

Contribution per unit

A

Selling Price – Variable cost per unit

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10
Q

Break Even Point in units

A

Fixed Cost ÷ Contribution per unit

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11
Q

Break even point in currency

A

break even point in units x sales prices

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12
Q

Margin of Safety

A

Actual Output – Break Even output

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13
Q

Total contribution

A

Total revenue – total variable costs

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14
Q

Total contribution

A

Total revenue – total variable costs

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15
Q

Total Inflows/ Total Income

A

All inflows/ income added together for that month

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16
Q

Total Outflows/ Total Expenditure

A

All outflows/ expenditure added together for that month

17
Q

Net Cash Flow

A

Total inflows/income – Total outflows/expenditure

18
Q

Opening Balance

A

Last month’s closing balance

19
Q

Closing Balance

A

Opening Balance + Net Cash Flow

20
Q

% Change

A

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

21
Q

Unit Costs

A

Total Cost ÷ Output

22
Q

Interest %

A

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

23
Q

Total revenue/turnover

A

Selling price x quantity sold

24
Q

Cost of Sales

A

Total variable costs of quantity sold

25
Gross Profit
Total Revenue – Cost of Sales
26
Gross Profit Margin %
Gross Profit ÷ Revenue x 100
27
Operating/net Profit
Gross Profit – Expenses
28
Operating/net Profit Margin %
Operating Profit ÷ Revenue x 100
29
Average rate of return (ARR)
Profit per annum ÷ Capital Outlay (cost) X 100
30
Average rate of return (ARR)
average profit per year ÷ initial investment X 100