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11 Cards in this Set
- Front
- Back
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Gross profit margin
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Gross profit ÷ sales revenue × 100
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Net profit margin
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Net profit ÷ sales revenue × 100
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Return on capital employed (ROCE)
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Net profit ÷ capital invested × 100
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Labour turnover
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Number of leavers per year ÷ total number of staff × 100
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Output per employee
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Total value of output ÷ total number of employees
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Labour cost per unit of output
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Total labour costs ÷ total output × 100
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UK productivity
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Total UK output ÷ total UK hours worked
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Absenteeism
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Average number of staff absent in one day ÷ total number of staff × 100
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Capacity utilisation
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Current output ÷ maximum output × 100
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Unit cost
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Total costs ÷ output
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Price elasticity demand (PED)
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% change in quantity demanded ÷ % change in price
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