equations Flashcards
(37 cards)
break even
fixed costs/ contribution
contribution
selling price- variable costs
closing balance
opening balance- net cash flow
net cash flow
cash inflows- cash outflows
net profit
sales- total cost
PED
percentage change in quantity demanded/ percentage change in price
YED
percentage change in quantity demanded/ percentage change in income
labour productivity
output (per time period)/ number of employees (per price period)
market capitalisation
market price of share X shared issued
capacity utilisation
actual output/ maximum output X100
average unit cost
total cost /number of units of output
market growth
market size (year 2)- market size (year 1)/ market size (year 1) X100
sales growth
sales (year 2)- sales (year 1)/ sales (year 1) X100
market shares
sales of business/ total market share X100
revenue
selling price X quantity sold
variable cost
output X variable cost per unit
total costs
fixed cost + variable cost
fixed cost
add together all the fixed costs
profit and loss
total revenue- total costs
expected value of decision with 2 possible outcomes
(pay off A X probability of A) + (pay off B X probability of B)
percentage change
difference (new-old) / original X100
margin of safety
current output - breakeven point of sales
gross profit
revenue - cost of sales
cost of sales
opening stock + purchases - closing sales
