Flashcards in Definitions Deck (20):

1

## Net cash flow

### Cash inflows- cash outflows

2

## Closing balance

### Opening balance + net cash flow

3

## Sales volume

### Sales revenue / selling price per unit

4

## Sales revenue

### Selling price x quantity sold

5

## Total costs

### Fixed costs + variable costs

6

## Fixed costs

### Total costs - variable costs

7

## Contribution per unit

### Selling price - variable costs per unit

8

## Break even point

### Fixed costs / contribution per unit

9

## Margin of safety

### Actual output - break even output

10

## Variance analysis

### Budgeted figure - actual figure

11

## Gross profit

### Sales revenue - cost of sales

12

## Cost of sales

### Opening stock + purchases - closing stock

13

## Operating profit

### Gross profit - expenses

14

## Profit of the year

### Operating profit - interest & tax

15

## Gross profit margin

### Gross profit / sales x 100

16

## Operating profit margin

### Operating profit/sales x 100

17

## Profit for the year Margin

### Profit for the year/ sales revenue x 100

18

## Current ratio

### Current assets / current liabilities

19

## Acid test ratio

### Liquid asserts/ current liabilities

20