Formula Flashcards
(20 cards)
PED
% change in qunatity demanded / % change in price
YED
% change in quantity demanded / % change in income
Percentage Change (%)
(new value - original value) / original value x 100
Market Share
sales / sales of total market x 100
Sales Volume
sales revenue / price
Sales Revenue
selling price x quantity sold
Total Costs
fixed costs + variable costs
Contribution
selling price - variable costs
Break-even
fixed costs / contributions
Margin of Safety
production - break-even
Gross Profit
sales revenue - cost of sales
Gross Profit Margin
gross profit / sales revenue x 100
Operating Profit
gross profit - expenses
Operating Profit Margin
operating profit / sales revenue x 100
Net Profit
operating profit - interest
Current Ratio
currents assets / current liabilities
Acid Test Ratio
current assets - stocks / current liabilities
Labour Productivity
output (ptp) / No. of employees (ptp) x 100
Capital Productivity
output / capital employed x 100
Capacity Utilisation
current output / maximum output x 100
