Formulas Flashcards

Formulas for AQA business (20 cards)

1
Q

Revenue

A

Price x Quantity sold

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2
Q

Total cost

A

Total fixed costs + total variable costs

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3
Q

Average unit costs

A

Total costs / number of units produced

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4
Q

Profit

A

Total revenue - Total costs

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5
Q

Percentage change

A

(New value - original value) / original value x 100

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6
Q

Average rate of return

A

(Average Annual Profit / Initial Investment Cost) x 100

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7
Q

Break even point

A

Fixed Costs / (Sales Price Per Unit – Variable Cost Per Unit)

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8
Q

Net cash flow

A

Total Cash Inflows - Total Cash Outflows

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9
Q

Closing balance

A

Opening Balance + Total Inflows – Total Outflows = Closing Balance

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10
Q

Cash flow

A

Total Cash Inflows – Total Cash Outflows = Net Cash Flow

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11
Q

Opening balance

A

Opening Balance = Closing Balance of the Previous Period

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12
Q

Gross profit

A

Revenue - Cost of Goods Sold / Total revenue

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13
Q

Operating profit

A

Gross Profit - Operating Expenses

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14
Q

Net profit

A

Total Revenue - Total Expenses = Net Profit

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15
Q

Gross profit margin

A

(Net Sales – Cost of Goods Sold) ÷ Net Sales] × 100

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16
Q

Net profit

A

(Net Profit / Total Revenue) x 100

17
Q

Net current margin

A

Net Profit / Total Revenue) x 100

18
Q

net current assets

A

Net Current Assets = Current Assets - Current Liabilities

19
Q

net assets

20
Q

Toatl equity