Theme 1 Flashcards
(13 cards)
1
Q
Revenue
A
Price X Quantity of Sales
2
Q
Fixed costs
A
Sum of All fixed costs
E.g. Salaries, Rent
3
Q
Variable costs
A
Sum of all variable costs
E.g. Raw materials
4
Q
Total costs
A
Total Fixed costs + Total Variable costs
5
Q
Profit/Loss
A
Revenue - Cost of Sales
6
Q
Interest in %
A
(Total repayment - Borrowed Amount)
——————————————————
Borrowed Amount
X 100
7
Q
Break even point in units
A
Fixed Costs / (Sales price - Variable costs)
8
Q
Margin of safety
A
Actual or budgeted sales - Break even sales
9
Q
Net Cash Flow
A
Cash Inflows - Cash Outflow
10
Q
Opening Balance on cash flow forecast
A
Closing balance of Previous Period
11
Q
Closing Balance
A
Opening Balance + Net Cash Flow
12
Q
Cash Inflow
A
Total Revenue
13
Q
Cash Outflow
A
Total Expenses
