Formulas Flashcards
(22 cards)
total revenue formula
Price x quantity sold
profit/loss formula
Total revenue - total costs
contribution formula
Selling price per unit - variable costs
total costs formula
Total fixed costs + total variable costs
revenue formula
Price x quantity
break even formula
Total fixed costs / sales price - variable cost per unit
margin of safety formula
Actual sales - break even output
cash flow formula
Cash inflows - cash outflows
gross profit formula
Revenue - cost of sales
Gross profit margin formula
Gross profit / revenue x100
Net profit formula
Operating profit - interest
net profit margin formula
Net profit / revenue x100
Market share formula
Sales of product / Total market sales x100
Price elasticity of demand formula
% change in qty demanded / % change in price
Income elasticity of demand formula
% change in qty demanded / % change in income
Sales revenue formula
Number of units sold x unit price
Total variable costs formula
Number of units sold x variable cost per unit
Capacity utilisation formula
Current output / maximum output x100
Operating profit formula
Gross profit - expenses
Operating profit margin formula
Operating profit / sales revenue x100
Current ratio formula
Current assets / current liabilities
Sales volume formula
Sales revenue / selling price
