Formulas Flashcards
(23 cards)
Total Variable Costs
Quantity x Variable costs per unit
Revenue
Quantity x Selling price
Unit contribution
Selling price - Average variable costs
Total Revenue
Price x Quantity
Total Costs
Fixed costs + (Quantity x Variable costs)
Break Even Point
TR = TC
Profit/Loss
Total Revenue - Total costs
Margin of Safety
Level of demand - Break Even quantity
Target profit quantity
Fixed costs + Target profit/Price - Variable costs
Equity
Total assets - Total liabilities
Straight line depreciation
Annual depreciation = Purchase cost - Residual value/ Lifespan
Units of production depreciation (Depreciation expense)
Depreciation per unit x number of units produced
Units of production depreciation (Depreciation per unit)
Purchase cost - Residual value/ Expected number of units over a lifetime
Total non-current assets
Sum of all non-current assets
Total current assets
Sum of all current assets
Total Assets
Non-current assets + Current assets
Total current liabilities
Sum of all current liabilities
Total non-current liabilities
Sum of all non-current liabilities
Total liabilities
Current liabilities + Non current liabilities
Net assets
Total assets - total liabilities
Total equity
Sum of all equity
Gross profit
Sales revenue - Cost of goods sold
