Business 1 Equations

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

Resource summary

	Created by Scott Pearce almost 8 years ago