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5 Cards in this Set
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How to calculate Breakeven point |
Breakeven Point = Fixed costs / Contribution margin Contribution margin = Net sales - total variable costs |
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How to calculate price elasticity of demand |
Percentage change in quantity / Percentage change in price = Price elasticity of demand |
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Types of Benchmarking: |
Internal External Activity (Best in class for industry) Generic (market in general) |
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How to calculate Residual Income |
Operating Income (PBIT) - (minimum required return x Operating assets) |
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How to calculate ROI: |
(Revenue - COS) / Cost of Investment x 100 |