theme 1 & 2 Flashcards
(22 cards)
total costs
total costs = fc + vc
total costs
total costs = fc + vc
revenue 1
sales price per unit x quantity sold
revenue 2
gross profit + cost of sales
revenue 3
profit + cost of sales
profit
revenue - total costs
interest
(total repayment - borrowed amount/ borrowed amount ) x 100
net cash flow
net cash inflow - net cash outflow
opening balance
closing balance of the previous period
closing balance
opening balance + net cash flow
break even point on chart
total revenue = total costs
break even in units
fixed costs / (sales price per unit - variable costs per unit)
break even point in revenue
break even point in units x sales price
margin of safety
actual or budgeted output - break even point in
average RR
average annual profit/ cost of investment x 100
average annual profit
total profit of investment / number of years
costs of sales
sales revenue - gross profit
gross profit
sales revenue - cost of sales
gross profit margin
gross profit / sales revenue x 100
other operating expenses
gross profit - net profit
net profit
gross profit - other expenses
net profit margin
net profit / sales revenue x 100
