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9 Cards in this Set
- Front
- Back
Market share
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The business's sales ÷ total sales in the market × 100.
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Market growth
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How much the value has changed ÷ original value × 100.
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Profit
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Total revenue − total costs.
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Total revenue
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Selling price × number of items sold.
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Contribution
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Selling price − variable costs.
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Contribution per unit
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Selling price of one unit − variable costs for one unit.
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Total contribution
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Unit contribution × number of units/items sold.
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Break-even level of output
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Fixed costs of business ÷ contribution per unit.
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Net monthly cash flow
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Monthly cash inflow − monthly cash outflow.
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