formulas Flashcards
(29 cards)
Net cash flow
Inflow-Outflow
Closing balance
Opening balance+ Net cash flow
Total Revenue
Selling price x Quantity sold
Total costs
Fixed costs + Total variable costs
Profit
Total revenue - Total costs
Total contribution
Sales revenue - Total variable costs
Contribution (per unit)
Selling price - variable cost (per unit)
Profit (using contribution)
Contribution (per unit) x Margin of safety
Break- even output
Total fixed costs / Unit contribution
Margin of safety
Actual sales - Break even level of output
Revenue
Unit price x Quantity sold
Gross profit
Sales revenue - cost of goods sold
Cost of goods sold
Opening inventory + purchases - closing inventory
Profit/loss for the year
Gross profit - expenses + other income
Net book value
Cost - depreciation
Net current assets
Current assets - current liabilities
Net assets
Non- current liabilities + Net current assets - Long term liabilities
Capital employed
Opening capital + profit for the years less drawings
Balance sheet (what needs to balance?)
Net assets = Capital employed
Gross profit margin
Gross profit/ revenue x100
Mark up
Gross profit/cost of sales x 100
Profit margin
Profit/revenue x100
Return on capital employed
Profit/capital employed x100
Current ratio
Current assets/ current liabilities
