Calculations Flashcards
(6 cards)
1
Q
Whats the euqtsion for net profit
A
Gross profit - expenses
2
Q
Equation for gross profit
A
Skqsa total revenue -cost of sales
3
Q
Gross profit margin
A
Gross profit divide total revenue times 100
4
Q
Net profit margin
A
Net divide by total revenue times 100
5
Q
How you work out average rate of return
A
Total in one ( from investment ) take away cost of investment = profit over the life of the investment
Toral profit divide life of investment (years ) = auunal profit
Annual average profit divide by cost of investment times 100 = annual rate of return
6
Q
Calculate break even output
A
Total fix cost divided by price takeaway verbal cost per unit