formulas

Cards (30)

percentage change
(difference / original) * 100
revenue
price * quantity
total variable costs
variable cost per unit * quantity
total cost
fixed costs + variable costs
profit
revenue - total costs
sales volume
sales revenue / selling price
average cost
total costs / units
PED
% change in quantity / % change in price
YED
% change in quantity / % change in income
market share
(total sales of firm / total sales in market) * 100
contribution
selling price - variable costs
break even point
total revenue = total costs
break even output
fixed costs / contribution
margin of safety
actual sales - break even point
budget variance
actual - budget
net cash flow
total inflows - total outflows
closing balance
opening balance + net cash flow
gross profit
revenue - cost of sales
operating profit
gross profit - overheads
net profit
operating profit - (tax + interest)
gross profit margin
(gross profit / revenue) * 100
operating profit margin
(operating profit / revenue) * 100
net profit margin
net profit / revenue * 100
net current assets
current assets - current liabilities
net assets
total assets - total liabilities
working capital
current assets - current liabilities
current ratio
current assets / current liabilities
acid test
current assets - stock / current liabilities
capital employed
share capital + retained profit + non current liabilities
capacity utilisation
(actual capacity / max possible capacity) * 100