calculations Flashcards
(6 cards)
1
Q
calculation for total revenue=
A
selling price x quantity sold
2
Q
total variable cost=
A
variable cost per unit x output
3
Q
all fixed costs added together is which calculation?
A
=total fixed costs
4
Q
total costs = total fixed costs +?
A
+total variable cost
5
Q
profit/loss= total revenue…?
A
-total cost
6
Q
interest calculation
A
(total repayment -borrowed amount) / borrowed amount x100
