1
Q
Contribution per unit
A
Contribution per unit = P - AVC
2
Q
BEQ
A
Break even = Fixed costs/(selling price-Variable cost per unit)
3
Q
Total contribution
A
Total contribution = (P - AVC) X Q
4
Q
Profit
A
TR - TC
OR
Total contrubution - TFC
5
Q
Target profit output
A
Target profit output = (total fixed costs + target profit)/contribution per unit
6
Q
Break Even Price
A
BEP = (Fixed costs/Quantity) + AVC
7
Q
Margin of safety
A
MOS = actual sales - BEQ
8
Q
Total Revenue
A
TR = P X Q
9
Q
Gross profit
A
Revenue - Cost of Revenue
10
Q
Gross profit margin
A
(Revenue - COGS)/Revenue
11
Q
Net profit margin
A
(Total revenue-total expenses)/revenue
12
Q
Total equity
A
Total assets-total liabilities
13
Q
Stock turnover
A
COGS/Stock
14
Q
Payback period
A
Initial investment/annual cash flow
15
Q
Total returns `
A
annual sales revenue x lifetime
IB Business HL
flashcards
Decks in class (17)
# Cards
-
Unit 1.1 What is a business?11
-
1.2 Types of business entities23
-
Unit 1.3 Business objectives20
-
Unit 1.4 Stakeholders25
-
Unit 1.5 Growth & Evolution32
-
Unit 1.6 Multinational companies33
-
Unit 3.1 Introduction to finance and sources of finance23
-
Unit 3.2 Costs and revenues13
-
Unit 3.3 Final accounts39
-
3.5 + 3.6 Ratios17
-
3.8 Investment appraisal3
-
4.2 Marketing planning12
-
4.5 The seven Ps of the marketing mix44
-
Statement of profit or loss and Balance sheet9
-
Unit 5 Formulas9
-
Unit 2 Motivation7
-
Paper 215
