formulas

• sales revenue = price x quantity
• total variable cost = cost per unit x quantity
• total cost = fixed + variable cost
• gross profit = revenue - cost of sales
• Net profit = gross profit - expenses
• Net profit margin = Gross profit + expenses/ gross profit
• net cash flow = total receipts - total payment
• closing bank balance = opening bank balance + Net cash flow
• gross profit margin = gross profit/ revenue x 100
• break even = fixed cost/ selling price per unit - variable cost per unit
• profit = total revenue- total costs
• profit/loss = revenue - total costs