equations Flashcards
1
Q
how to work out profit
A
profit = revenue - total cost
2
Q
how to work out total costs
A
total costs = variable costs + fixed costs
3
Q
how to work out total variable cost
A
total variable cost = variable cost per unit X output
4
Q
how to work out revenue
A
revenue = selling price X output
5
Q
how to work out unit costs
A
unit costs = total costs / output
6
Q
how to work out net cash flow
A
inflow - outflows
7
Q
how to work out market growth
A
(Change in market size/original market size) x 100
8
Q
AAP
A
(total profit / life expectancy) x 100
9
Q
ARR
A
(AAP/ cost of investment) x 100
