formulas Flashcards
(9 cards)
1
Q
net cash flow
A
total cash inflows + total cash outflows
2
Q
revenue
A
price x quantity sold
3
Q
total cost
A
fixed costs + variable costs
4
Q
profit
A
total revenue - total cost
5
Q
gross profit
A
revenue - cost of sales
6
Q
net profit
A
revenue - cost of sales - expenses
7
Q
contribution per unit
A
selling price per unit - variable cost per unit
8
Q
break even
A
total fixed costs/contribution per unit
9
Q
budget variance
A
budget figure (money you plan to spend) - actual figure (what you actually spent)
