Formulas Flashcards
1
Q
Net Cash Flow
A
Inflows - Outflows
2
Q
Closing Balance
A
Opening Balance - Net Cash Flow
3
Q
Sales Revenue
A
Price x Quantity Sold
4
Q
Total Costs
A
Fixed Costs + Total Variable Costs
5
Q
Profit
A
Total Revenue - Total Costs
6
Q
Contribution Per Unit
A
Profit - Variable Cost per unit
7
Q
Total Contribution
A
Contribution x Quantity Sold
8
Q
Break Even
A
Fixed Costs / Contribution per unit
9
Q
Margin of Saftey
A
Actual - Break Even
10
Q
Variance
A
Actual - Budgeted
11
Q
Gross Profit
A
Sales - Cost of Sales
12
Q
Operating Profit
A
Gross Profit - Expenses
13
Q
Profit for the year (net profit)
A
Operating Profit - Interest
14
Q
Gross Profit Margin
A
(Gross Profit / Sales Revenue) x100
15
Q
Operating Profit Margin
A
(Operating Profit / Sales Revenue) x100
