Business Formulas 7 Days Flashcards
(7 cards)
1
Q
Total costs
A
Fixed costs + variable costs
2
Q
Unit costs
A
Total costs / output
3
Q
Revenue
A
Price x quantity sold
4
Q
Contribution per unit
A
Price - variable cost per unit
5
Q
Break even
A
Fixed costs / contribution per unit
6
Q
Margin of safety
A
Actual sales - break even sales
7
Q
Net cash flow
A
Total inflows - total out flows
