Flashcards
Formulas
Cards in this deck (6)
- 1Gross Profit =Revenue - costs of sales
- 2Net profit =Gross profit - expenditure
- 3Total costs =Fixed costs + variable costs
- 4Sales revenue =Number of sales x price per unit
- 5Profit or Loss =Revenue - expenditure
- 6Break-even point =Fixed costs/
(selling price per unit - variable costs per unit)
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- Description
- Flashcards on Formulas, created by shannon ryan on 16/11/2017.
- Created by
- shannon ryan
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