2.1 formulas Flashcards by Abby Farnsworth

Q

Formula for sales revenue

A

price x quantity

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Q

Formula for profit

A

total revenue - total costs

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Q

Formula for break even

A

(SP - VC) or contribution per unit

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Q

Formula for contribution per unit

A

selling price - variable cost per unit

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Q

Formula for variable cost per unit

A

Units

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Q

Formula for total contribution

A

total sales - total variable costs

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Q

Formula for Margin of Safety

A

current level of output - break even point

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Q

Formula for net cash flow

A

total inflows - total outflows

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Q

Formula for closing balance

A

opening balance + net cash flow

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