Theme 2 Formulae
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22 Terms
net cash flow
cash inflows - cash outflows
closing balance
opening balance + net cash flow
total cost
fixed cost + variable cost
total revenue
selling price x quantity
contribution per unit
selling price - variable cost per unit
break even point
total fixed costs ÷ contribution per unit
profit or loss
total revenue - total cost
margin of safety
actual output level - break even output level
net worth
total assets - total liabilities
total equity
share capital + retained profit
gross profit
sales revenue - cost of sales
gross profit margin (GPM)
(gross profit ÷ sales revenue) x 100
operating profit
gross profit - expenses
operating profit margin (OPM)
(operating profit ÷ sales revenue) x 100
profit for the year
operating profit - interest and taxation
profit for the year margin
(profit for the year ÷ sales revenue) x 100
current ratio
current assets : current liabilities
acid test ratio
liquid assets : current liabilities
liquid assets
receivables + cash and cash equivalents
working capital
current assets - current liabilities
labour productivity
total output ÷ number of employees
capacity utilisation
(current output ÷ maximum possible output) x 100
Note 
Flashcards (52)