Finance formulae

Hannah Watkins
Mind Map by Hannah Watkins, updated more than 1 year ago
Hannah Watkins
Created by Hannah Watkins about 6 years ago
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2

Description

Mind Map on Finance formulae, created by Hannah Watkins on 11/18/2015.

Resource summary

Finance formulae
  1. Total costs
    1. Total costs = fixed costs + variable costs
    2. Revenue
      1. Revenue= number of sales X price per unit
      2. profit
        1. Profit= revenue - expenditure
        2. Gross profit
          1. Gross profit= Revenue - costs of sales
          2. Net profit
            1. net profit= gross profit - expenditure
            2. Breakeven
              1. Breakeven= fixed costs/ selling price - variable costs
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