calcs Flashcards
(15 cards)
total variable costs
variable costs per until x quantity sold
total revenue
selling price x quantity sold
total costs
total variable costs + fixed costs
profit
total revenue - total costs
contribution per unit
selling price - variable costs per unit
breakeven using contribution
fixed costs / contribution
margin of safety
actual sales - break even level of output
cost of goods sold
opening inventory + purchases - closing inventory
gross profit
total revenue - cost of goods sold
gross profit margin
gross profit / revenue x100
net profit
gross profit - all other expenses
net cash flow
cash inflows - cash outflows
closing balance
opening balance + net cash flow
average rate of return
average yearly profit / cost of investment x100
average rate of return as an investment project
total profits / number of years = average yearly profits
average yearly profit / cost of investment x100
