Difficult equations Flashcards
(6 cards)
1
Q
Sales volume
A
Sales revenue / Selling price
2
Q
Margin of safety
A
Actual output - Break even output
3
Q
A
4
Q
Acid test ratio
A
(current Assets - Inventory) / current Liabilities
5
Q
Average cost per unit
A
costs / output
6
Q
Total variance
A
Actual profit - budgeted profit
