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23 Cards in this Set
- Front
- Back
- 3rd side (hint)
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Market share formula |
Business sales ------------------------ x100 Total market sales |
Sales |
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PED |
% change in quality demanded -------------------------------------------- % change in price |
Quality demanded and price |
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YED |
% change in quality demanded ---------------------------------------------- % change in consumer income |
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Interest |
Total repayment-borrowed ---------------------------------------- x100 Borrowed |
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Closing balance |
Net cash flow= inflows - outflows |
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Net cash flow |
Inflows - outflows |
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Opening balance |
Closing balance from previous month (or 0 if 1st month) |
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Margin of saftey |
Actual sales - breakeven sales |
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Profit |
Sp- vc (aka contribution) x margin of saftey |
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Break even out put (units) |
Fixed costs -------------------------------------------- Sp (per unit) - variable cost (per unit) |
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Revenue at breakeven point |
Breakeven output x sales price |
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Contribution |
Sp (per unit) - vc (per unit) |
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Gross profit |
Revenue - vc |
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Operating profit |
Gross profit - fixed costs |
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Net profit |
Operating profit - interest/tax |
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Gross profit margin |
Gross profit ------------------------ x100 Revenue |
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Operating profit margin |
Operating profit ------------------------------ x100 Revenue |
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Net profit margin |
Net profit ---------------------------------- x100Revenue |
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Net current assets ( working capital) |
Current assets - current liabilities |
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Current ratio |
Current assets ---------------------------------- x100 = X:1 Current liabilities |
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Acid test ratio |
Current assets - inventories ----------------------------------------- = X:1 Current liabilities |
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Capacity utilisation |
Actual output -------------------------- x100 Max output |
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Aggregate demand |
Domestic demand + net exports (trade balance) |
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