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11 Cards in this Set

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Total Revenue

Price per unit X quantity of units sold

Total Costs

Fixed costs/variable costs

Profit

Total revenue - total costs

Contribution Per Unit

Selling price - variable costs per unit

Total Contribution

Contribution Per Unit X Number of items sold

Break even Output

Fixed Costs/Contribution per unit

Margin of Safety

Current output - break even output

Net Cash Flow

Cash inflows - cash outflows

Closing Balance

Opening balance/net cash flow

Budgets

These are made up of income budgets (from planned sales) and expenditure budgets (from expenditure to achieve sales)


Profit budget is income - expenditure

Market Share

Sales of one product or brand X 100/total sales in the market