Flashcards in formulas- theme 2 Deck (29)
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1
sales revenue=
sales revenue
--------------------
selling price
2
sales revenue =
selling price pu X No. units sold
3
variable costs=
variable cost per unit x No. units produced
4
total costs=
fixed costs + variable costs
5
profit=
in revenue, costs and sales
revenue - total costs
6
net cash flow=
inflows-outflows
7
closing balance=
opening balance + net cash flow
8
breakeven=
total costs = total revenue
9
margin of safety=
current output - breakeven output
10
breakeven using contribution=
total fixed costs
------------------------
contribution
11
contribution=
selling price per unit - variable costs per unit
12
profit=
in breakeven 1
total contribution - fixed costs
13
profit=
in breakeven 2
margin of safety x contribution per unit
14
gross profit=
revenue - cost of sales
15
operating profit=
gross profit - other operating expenses
16
profit for the year=
(net profit)
operating profit - interest & exceptional items
17
gross profit margin=
gross profit
----------------- x 100
revenue
18
operating profit margin=
operating profit
----------------------- X 100
revenue
19
profit for the year=
(net profit margin)
profit for the year(net profit)
-------------------------------- X 100
revenue
20
net current assets=
(working capital)
current assets - current liabilities
21
net assets=
non current assets + net current assets - no current liabilities
22
total equity=
share capital + retained profit + any other reserves
23
assets employed=
non current assets + net current assets
24
capital employed=
non current liabilities + total equity
25
current ratio=
current assets
-----------------------
current liabilities
26
acid test ratio=
current assets - inventory
------------------------------------
current liabilities
27
labour productivity=
total output(per period)
-------------------------------------
average No. employees (per period)
28
unit costs=
total costs in period
-----------------------------
output per period
29
