GCSE Flashcards

1
Q

Market share

A

(Sales of product/ total market sales ) x 100

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2
Q

Total costs

A

Fixed cost + variable costs

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3
Q

Variable costs

A

Variable cost of single unit x no. Of units

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4
Q

Market capitalisation

A

Market price of share x number of shares

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5
Q

Unit costs

A

Total costs / output

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6
Q

Percentage change

A

(Change / original amount ) x 100

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7
Q

Market growth

A

(Change in market size / original market size ) x100

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8
Q

Total cash inflow

A

Add inflows

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9
Q

Total cash outflows

A

Add outflow

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10
Q

Net cash flow

A

Cash inflows - cash outflows

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11
Q

Opening balance

A

Closing balance of previous month

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12
Q

Closing balance

A

Opening balance + net cash flow

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13
Q

Margin of safety

A

Actual output - break even output

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14
Q

Net assets

A

(Fixed assets + current assets) - ( current liabilities- long term liabilities)

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15
Q

Average unit costs

A

Total costs / output

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16
Q

Average rate of return

A

(Average annual profit / initial investment) x 100

17
Q

Profit

A

Revenue - costs