Business Formulas

Description

GCSE Business Studies Mind Map on Business Formulas, created by Thea Friend on 20/12/2018.
Thea  Friend
Mind Map by Thea Friend, updated more than 1 year ago
Thea  Friend
Created by Thea Friend over 5 years ago
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Resource summary

Business Formulas
  1. Revenue=selling price x sales volume
    1. Total variable costs=quantity x variable cost per unit
      1. Total costs=total variable costs + total fixed costs
        1. Interest=total repayment-borrowed/borrowed amount x 100
          1. Break-even=fixed costs/selling price per unit-variable costs per unit
            1. Contribution=selling price - variable costs per unit
              1. net cash flow=cash inflow-cash outflow
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