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15 Cards in this Set

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  • Back


Revenue - costs


Price (average customer spend) x quantity

Gross profit

Revenue - variable costs

Net profit

Revenue - total costs

Gross profit margin

Gross profit / revenue x 100

Net profit margin

Net profit / revenue x 100

Return on capital employed

Net profit / capital invested x 100

Labour turnover

Number of workers leaving / total number of workers x100


Number of workers absent / total number of workers x100

Labour productivity

Total output / number of workers

Unit cost (average cost)

Total cost / quantity

Capacity utilization

Current output / maximum potential output x 100

Sales variance

Actual sales - budgeted sales

Cost variance

Budgeted cost - actual cost

Profit variance

Actual profit - budgeted profit