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11 Cards in this Set
- Front
- Back
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Total Revenue |
Price per unit X quantity of units sold |
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Total Costs |
Fixed costs/variable costs |
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Profit |
Total revenue - total costs |
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Contribution Per Unit |
Selling price - variable costs per unit |
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Total Contribution |
Contribution Per Unit X Number of items sold |
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Break even Output |
Fixed Costs/Contribution per unit |
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Margin of Safety |
Current output - break even output |
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Net Cash Flow |
Cash inflows - cash outflows |
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Closing Balance |
Opening balance/net cash flow |
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Budgets |
These are made up of income budgets (from planned sales) and expenditure budgets (from expenditure to achieve sales) Profit budget is income - expenditure |
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Market Share |
Sales of one product or brand X 100/total sales in the market |
