Business 1 Equations

Description

Flashcards on Business 1 Equations , created by Scott Pearce on 11/05/2016.
Scott Pearce
Flashcards by Scott Pearce, updated more than 1 year ago
Scott Pearce
Created by Scott Pearce almost 8 years ago
11
1

Resource summary

Question Answer
Revenue Quantity x Price
Total Costs Fixed Costs + Variable Costs
Profit/Loss Revenue - Total Costs
Total Variable Costs Variable Costs per unit x Quantity made
Break Even Fixed Costs ___________________________ Selling Price - Variable Cost per Unit
Total Contribution Contribution per Unit x Units Sold
Contribution per Unit Selling price - Variable Cost per Unit
Margin of Safety Sales Volume - Break Even output
Market Size by Volume Units Sold + Units Sold
Market Size by Value Units Sold x Selling Price
Market Share (Value or Volume) (Sales £ or Quantity of firm A / Total Market size
Market Growth (new market size - old market size) / old market size x 100
Monthly Balance Cash inflow for time period - Cash outflow
Closing Balance Opening Balance + Monthly Balance
Opening Balance Closing Balance from previous time period
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