Theme 2 calculations Flashcards
Net cash flow
Total inflows - total outflows
Closing balance
Opening balance + net cash flow
Sales volume
Sales revenue
___________
Price
Sales revenue
Sales volume x price
Total variable costs
Variable cost per unit x sales volume
Total costs
Fixed costs + total variable costs
Profit (sales, revenue and costs)
Total revenue - total costs
Contribution
Selling price - variable cost
Break-even
Fixed costs
_________
Contribution
Margin of safety
Actual sales level - break even output
Variance
Actual income/expenditure/profit - budgeted income/expenditure/profit.
Gross profit
Total revenue - cost of sales
Operating profit
Gross profit - operating expenses
Profit for the year or net profit
Operating profit - interest (and exceptional costs)
Gross profit margin
Gross profit
_________ x 100
Revenue
