Formulas Flashcards
revise them
Total Variable Cost
number of units sold x variable cost per unit
Sales Revenue
number of units sold x variable cost per unit
Sales Volume
Total number of units sold over a period of time
Net Cash Flow
total inflows - total outflows
Income Elasticity of Demand
% change in quantity demanded/ % change in income
Price Elasticity of Demand
% change in quantity demanded/ % change in price
Market Share
sales of a product / total market sales x 100
Capacity Utilisation
actual level of output / maximum possible output x 100
Productivity
output per period (units) / number of employees
Acid Test Ratio
current assets - stock / current liabilities
Current Ratio
current assets / current liabilities
Profit For The Year Margin
profit for the year / sales revenue x 100
Operating Profit Margin
operating profit / sales revenue x 100
Gross Profit Margin
gross profit / sales revenue x 100
Net Profit
operating profit +/- finance cost
