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Flashcards in EQUATIONS Deck (17)
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1

Gross profit?

Revenue - cost of sales

2

Operating profit?

Gross profit - operating costs

3

Profit for the year?

Operating profit - tax, interest

4

Gross profit margin?

Gross profit / revenue x 100

5

Operating profit margin?

Operating profit / revenue x 100

6

Profit for the year margin?

Profit for the year / revenue x 100

7

Profit?

Total revenue - total costs

8

Total costs?

Total variable costs + fixed costs

9

Contribution per unit?

Selling price - variable costs per unit

10

Break even?

Fixed costs / contribution per unit

11

Margin of safety?

Units sold - break even point

12

NET cash flow?

Inflows - outflows

13

Closing balance?

Opening balance - NET cash flow

14

Negative?

Number in ( )

15

Revenue?

selling price per unit x number of units sold

16

Total variable costs?

Variable cost per unit x number of units sold

17

Market share?

total sales of a product, brand ect/ total sales of market