Formulas Flashcards

(5 cards)

1
Q

Retained profit

A

Sales revenue - total cost

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2
Q

Net current assets

A

Current assets - current liabilities

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3
Q

Total costs

A

Fixed cost + variable costs

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4
Q

Total revenue

A

Selling price x quantity sold

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5
Q

Total sales

A

Amount of sales made in total period

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