Formulae + Key Data Flashcards

(29 cards)

1
Q

Revenue (sales or turnover)

A

S.P x units sold

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2
Q

Variable costs (total variable costs)

A

V.C per unit x units sold

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3
Q

Total costs

A

F.C + V.C

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4
Q

Profit

A

T.R - T.C
T.C - F.C

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5
Q

Market capitalisation

A

Issued shares x current share price

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6
Q

Expected value of decision with two possible outcomes

A

A & B = [Pay-off of A x probability of A] + [Pay-off of B x probability of B]

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7
Q

Net gain

A

E.V - initial cost of decision

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8
Q

Market growth (%)

A

Change in market size
——————————— x 100
Orig. market size

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9
Q

Market share (%)

A

Sales of ONE product/brand/business
—————————————————— x 100
Total sales in market

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10
Q

Added value

A

Sales R - costs

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11
Q

Labour productivity

A

Output
————————————
No. Of employees

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12
Q

Unit costs (average costs)

A

T.C
—————————
Units

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13
Q

Capacity utilisation (%)

A

Actual output
—————————— x 100
Max. Possib. Output

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14
Q

Return on investment (%)

A

Profit (£)
———————————— x 100
Costs (£)

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15
Q

Gross profit

A

R - cost of sales

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16
Q

Operating profit

A

Gross profit - operating expenses

17
Q

Profit for year

A

Operating profit + profit from other activities - net - tax

18
Q

Gross profit margin (%)

A

Gross profit
—————— x 100
R

19
Q

Operating profit margin (%)

A

Operating profit
———————— x 100
R

20
Q

Profit for year (%)

A

Profit for year
——————— x 100
R

21
Q

Variance

A

Budget - actual

22
Q

Contribution per unit

A

S.P - V.C per unit

23
Q

T.Contr

A

C. Per unit x units sold
T.R - T.V.C

24
Q

B.E.P

A

F.C
—————
(S.P - V.C)

25
Margin of safety
Actual - B.E.P
26
Labour turnover (%)
Staff leaving ————————— x 100 Staff employed
27
Employee cost % of turnover
Employee costs ———————— x 100 Turnover
28
Employee retention rate (%)
Employees remained ——————————— x 100 Employee at start
29
Labour cost per unit
Labour costs ——————— Units