BUSINESS EQUATIONS
0.0(0)
Studied by 0 people
Learn
Practice Test
Spaced Repetition
Match
FlashcardsCard Sorting
1/19
Earn XP
Description and Tags
finance
Study Analytics
Name | Mastery | Learn | Test | Matching | Spaced |
|---|
No study sessions yet.
20 Terms
1
New cards
profit
revenue - costs
2
New cards
revenue
price x quantity
3
New cards
total costs
fixed costs + total variable costs
4
New cards
average fixed costs
total fixed costs / quantity
5
New cards
total variable costs
variable cost per unit x units sold
6
New cards
average unit costs
total costs / output
7
New cards
market share
sales of business / total sales in market x 100
8
New cards
market growth
changes in sales / original sales x 100
9
New cards
break-even output
fixed costs / (price - variable cost per unit)
10
New cards
margin of safety
actual sales - break-even output
11
New cards
net cash flow
total inflows - total outflows
12
New cards
opening balance
closing balance of previous period
13
New cards
closing balance
opening balance + net cash flow
14
New cards
gross profit
revenue - cost of sales
15
New cards
gross profit margin
gross profit / revenue x 100
16
New cards
net profit
gross profit - expenses
17
New cards
net profit margin
net profit / revenue x 100
18
New cards
percentage change
new - original / original x 100
19
New cards
changes in %
new% - old%
20
New cards
ARR
average annual profit / cost of investment x 100
Note 
Flashcards (80)