Equations Flashcards
(15 cards)
1
Q
Capacity utilisation
A
Actual output/max output x 100
2
Q
total Contribution
A
Contribution per unit x no. Units sold
3
Q
Contribution per unit
A
Selling price per unit-variable costs per unit
4
Q
Profit relating to contribution
A
Contribution- fixed costs
5
Q
Contribution
A
Total sales - total variable cost
6
Q
Break even(contribution)
A
Fixed cost/contribution x 100
7
Q
Revenue
A
Price x quantity sold
8
Q
Profit
A
Total revenue - total cost
9
Q
Gross profit
A
Revenue - cost of sales
10
Q
Gross profit margin
A
Gross profit/revenue x 100
11
Q
Current ratio
A
Current assets/current liabilities
12
Q
Average rate of return
A
Average annual return/initial cost of project x 100
13
Q
Acid test ratio
A
Current assets-inventory / current liabilities
14
Q
Working capital
A
Current assets - current liabilities
15
Q
Current ratio
A
Current assets/current liabilities
