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Formula Flashcards

(6 cards)

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1
Q

Net cash flow

A

Total inflows- total outflows

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2
Q

Opening balance

A

Last months closing balance

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3
Q

Closing balance

A

Net Cash flow+ opening balance

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4
Q

Revenue

A

Price x quantity

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5
Q

Break even formula

A

Fixed cost/ Selling price- variable cost per unit (Answered in units)

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6
Q

Working Capital

A

Current assets- current liabilites

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