1
Q
Equation for profit
A
Revenue - costs
2
Q
Equation for revenue
A
selling price * quantity sold
3
Q
Equation for break - even
A
Fixed cost / (selling price - variable cost per unit)
4
Q
Equation for total costs
A
Fixed costs + (variable costs * quantity)
5
Q
Equation for Net cash flow
A
Inflow - outflow
6
Q
Equation for average cost per unit
A
total cost / output
7
Q
Equation for inventory value
A
quantity in stock * cost per unit
Enterprise IGCSE
flashcards
Decks in class (10)
# Cards
-
Chapter 3 - Opportunity and Risk18
-
Chapter 4 - Market Research10
-
Chapter 5 - Business planning34
-
Chapter 6 - Sources of Finance32
-
Chapter 7 - the concept of trade credit15
-
Chapter 8 - cash flow, break-even and income statement27
-
Chapter 9 - Marketing31
-
All definitions55
-
Enterprise Equations7
-
definitions0
