A-Level Business Formulas

studied byStudied by 0 people
0.0(0)
learn
LearnA personalized and smart learning plan
exam
Practice TestTake a test on your terms and definitions
spaced repetition
Spaced RepetitionScientifically backed study method
heart puzzle
Matching GameHow quick can you match all your cards?
flashcards
FlashcardsStudy terms and definitions

1 / 15

encourage image

There's no tags or description

Looks like no one added any tags here yet for you.

16 Terms

1

Market Size

Total units sold × Price

New cards
2

Market Share

(Sales ÷ Total market sales) × 100

New cards
3

Market Growth

(Change in size of the market ÷ Original size) × 100

New cards
4

Percentage Increase (%inc)

((New - Old) ÷ Old) × 100

New cards
5

Percentage Decrease (%dec)

((Old - New) ÷ Old) × 100

New cards
6

Elasticity

(Percentage change in supply ÷ Percentage change in price)

New cards
7

Price Elasticity of Demand (PED)

(Percentage change in quantity demanded ÷ Percentage change in price)

New cards
8

Income Elasticity of Demand (YED)

(Percentage change in quantity demanded ÷ Percentage change in income)

New cards
9

Gross Profit

Revenue - Cost of Sales

New cards
10

Operating Profit

Gross Profit - Overheads

New cards
11

Net Profit

Operating Profit - Interest - Tax - Exceptional Items

New cards
12

Profit Margin

(Profit ÷ Sales Revenue) × 100

New cards
13

Current Ratio

Current assets/current liabilities

New cards
14

ARR

(Average annual profit/initial investment) x 100

New cards
15

Capital employed

Total equity - non-current liabilities

New cards
16

ROCE

(Operating profit/capital employed) x 100

New cards
robot