theme 2 Flashcards
net cash flow
total inflows - total outflows
sales volume
total number of uis solf oer a period o time
sales revenue
number of units sold x unit price
total variable cost
number of units sold x variable cost per unit
total costs
fixed costs+ variable costs
contribution per unit
selling price per unit - araible cost per unit
total contribution
contribution per unit x number of units solds
break even
fixed cost/ contribution per unit
variance
actual-budget
gross profit
sales revenue -cost of sales
operating profit
gross profit-overheads
operating profit margin
(gross profit/sales revenue) x 100
profit for the year (net profit) margin
(profit for the year/ sales evenue) x 100
current ratio
current assets/ current liabailties
acid test ratio
(current assets - stock)/current liabilities
