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4065222
Finance formulae
Description
Mind Map on Finance formulae, created by Hannah Watkins on 18/11/2015.
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Mind Map by
Hannah Watkins
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Created by
Hannah Watkins
over 8 years ago
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Resource summary
Finance formulae
Total costs
Total costs = fixed costs + variable costs
Revenue
Revenue= number of sales X price per unit
profit
Profit= revenue - expenditure
Gross profit
Gross profit= Revenue - costs of sales
Net profit
net profit= gross profit - expenditure
Breakeven
Breakeven= fixed costs/ selling price - variable costs
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