Studied by 3 people
All of the formulas mentioned within the WJEC specification (will add more at some point)
Market Share
Sales / Sales of Market x 100
ROCE (Return on Capital Employed)
Operating Profit / (Total Equity + Non-current liabilities) x 100
Break Even
Fixed Costs / Contribution per Unit
Contribution per Unit
Selling Price - Variable cost per unit
Total Contribution
Contribution per unit x quantity sold
Sales Revenue
Price x Quantity
Margin of Safety
Actual Sales - Break Even Sales
Total Costs
Fixed Costs + Variable Costs
Gross Profit
Sales - Cost of Sales
Net Profit
Gross Profit - Expenses
Gross Profit Margin (GPM)
Gross Profit / Sales Revenue x 100
Net Profit Margin (NPM)
Net Profit / Sales Revenue x 100
Absenteeism
Number of Employees Absent / Total Number of Employees x 100
Labour Productivity
Total Output / Number of Employees
Labour Turnover
Number of Staff Leaving / Total Number of Staff x 100
Acid Test Ratio
(Current Assets - Stock) / Current Liabilities
Gearing Ratio
Long-Term liabilities / Capital Employed x 100
Working Capital
Current Assests - Current Liabilities
Capital Employed
Total Assets - Current Liabilities
