Theme 2 Maths Equations Flashcards
(18 cards)
Net Cash Flow
Total inflows - Total outflows
Sales volume
Total number of units sold over a period of time
Sales revenue
Number of units sold X Unit price
Total Variable Costs
FC + VC
Contribution Per Unit
Selling price per unit - Variable cost per unit
Total contribution
Contribution per unit X Number of units sold
Break - even
FC / Contribution per unit
Variance
Actual - Budget
Gross profit
Sales revenue - cost of sales
Operating profit
Gross profit - overheads
Net profit
Operating profit +/- finance costs
Gross profit margin %
(Gross profit / Sales revenue) x 100
Operating profit margin %
(Operating profit / Sales revenue) x 100
Profit for the year (net profit) margin %
(Profit for the year / Sales revenue) x 100
Acid test ratio
(Current assets - stock) / current liabilities
Current ratio
Current assets / current liabilities
Productivity (labour)
Output per period (units) / Number of employees in that period
Capacity Utilisation %
(Actual level of output / Maximum possible output) x 100
