Calculations

cesleviciutek
Flashcards by cesleviciutek, updated more than 1 year ago
cesleviciutek
Created by cesleviciutek over 5 years ago
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Description

GCSE Business studies Flashcards on Calculations, created by cesleviciutek on 03/22/2016.

Resource summary

Question Answer
Sales Revenue price x amount sold
Break even point Fixed Cost ÷ (Sales Price - Variable Cost)
Gross profit margin Total Revenue - Cost of Goods ÷ total revenue
Operating profit margin Operating Profit ÷ Sales (or revenue) x100
Current ratio Current assets ÷ Current Liabilities
Acid test ratio Current assets - stock ÷ Current Liabilities
ROCE Operating Profit ÷ Capital Employed
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