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GCSE business
Business
equations
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Lissy
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Cards (12)
revenue
price
x
quantity
sold
total costs
fixed costs
+
variable costs
total variable per unit costs
quantity sold
x
variable costs
profit
total revue - total costs
gross profit
revenue
-
cost of sales
net profit of business
gross profit
-
cost of running
break even
fixed cost
/ (
selling
price
-
variable costs
)
margin of safety
actual
sales
-
break even sales
net cash flow
cash inflow
-
cash outflow
average rate of return
annual average profit
/
cost of investment
x
100
gross profit margin
gross
profit
/
revenue
x
100
net profit margin
net
profit
/
revenue
x
100