green Flashcards
(9 cards)
1
Q
Mark-up %
A
(Gross profit / cost of sales) x 100
2
Q
Total revenue/turnover
A
Selling price x quantity sold
3
Q
Cost of Sales
A
Total variable costs of quantity sold
4
Q
Gross Profit
A
Total Revenue – Cost of Sales
5
Q
Gross Profit Margin %
A
Gross Profit ÷ Revenue x 100
6
Q
Operating Profit
A
Gross Profit – Expenses
7
Q
Operating Profit Margin %
A
Operating Profit ÷ Revenue x 100
8
Q
Profit for the Year/ Net Profit
A
Operating Profit – Interest – Exceptional Items
9
Q
Profit for the Year Margin/ Net Profit Margin %
A
Net Profit ÷ Revenue x 100
