A-Level Business Mock 2 Calculations
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20 Terms
How do we calculate Market Share?
(Company Revenue / Total Industry Revenue) x 100
How do we calculate Revenue
Price x Quantity
How do we calculate Total Costs?
Fixed Costs + Variable Costs
How do we Calculate Variable Cost?
Variable Cost per Unit x Quantity
How do we calculate Contribution?
Total Sales - Variable Costs
How do we calculate Contribution per Unit?
Selling Price - Variable Cost per Unit
How do we calculate Break Even?
Fixed Costs / Contribution per Unit
How do we Calculate Margin of Safety?
Actual Sales - Break Even Sales
How do we Calculate Profit?
Total Revenue - Total Costs
How do we calculate Gross Profit?
Revenue - Cost of Sales
How do we calculate Operating Profit?
Gross Profit - Other operating expenses and interests
How do we Calculate Net Profit (Profit for the Year)?
Operating Profit - Other Taxes & Interests
How do we calculate Gross Profit Margin?
(Gross Profit / Revenue) x 100
How do we calculate Operating Profit Margin?
(Operating Profit / Revenue) x 100
How do we calculate Net Profit Margin?
(Net Profit / Revenue) x 100
How do we calculate Current Ratio?
Current Assets / Current Liabilities
How do we calculate Acid Test Ratio?
(Current Asset - Inventory (Stock)) / Current Liabilities
How do we calculate Average Cost per Unit?
Total Production Costs in Period / Total Output in Period
How do we calculate Capacity Utilisation?
(Actual Output / Maximum Possible Output) x 100