theme 1 formulas

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18 Terms

1
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total costs

total fixed costs + total variable costs

2
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total fixed costs

total costs - total variable costs

3
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total variable costs

total costs - total fixed costs

4
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revenue 1

sales price per unit x quantity sold

5
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revenue 2

gross profit + cost of sales

6
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revenue 3

profit + cost of sales

7
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Profit/Loss

revenue - total costs

8
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interest (on loans) in %

(total repayment - borrowed amount/ borrowed amount) x100

9
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net cash flow

total cash inflows - total cash outflows in a given period

10
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opening balance in cash flow forecast

closing balance of the previous period

11
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closing balance in cash flow forecast

opening balance + net cash flow

12
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total inflows in a cash flow forecast

net cash flow + total outflows

13
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total outflows in cash flow forecast

total inflows - net cash flow

14
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break even point from a break-even chart

when total revenue = total costs

15
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break even using formulae

fixed costs / (sales price per unit - variable cost per unit)

16
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break even point in cost/revenue

break even point in units x sales price

17
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profit/loss from a break even chart

total revenue - total costs

18
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margin of safety

actual or budgeted output - break even point