paper one formulas Flashcards
(19 cards)
opening balance
closing balance of previous period
closing balance
opening balance + net cash flow
revenue
price x quantity
break even in units
fixed costs ÷ (sales price - variable costs)
break even in costs/revenue
break even in units x sales price
% interest on loans
[(total repayment - barrowed amount) ÷ barrowed amount] X100
gross profit
sales revenue - cost of sales
margin of safety
actual or budgeted sales - break even sales
% net profit margin
(net profit ÷ sales revenue) x100
profit/loss
total revenue - total costs
% gross profit margins
(gross profit - sales revenue) x100
variable costs
cost of one unit x quantity produced
% growth
(increase in size ÷ original size) x100
total cost
total fixed cost + total variable cost
average % rate of return
(average annual profit ÷ cost of investment) x100
average annual profit
total profit ÷ number of years
net cash flow
cash inflow - cash outflow in a period of time
cash inflow
receipts
net profit
gross profit - other operating expenses and interest
