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Front

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Progress

1/8

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8 Cards in this Set

  • Front
  • Back

Profit

Revenue-total costs

Revenue

Sales price x quantity sold

Total cost

Variable costs + fixed costs

Variable costs

Unit costs x output

Net cash flow

Inflows - outflows

Closing balance

Bet cash flow + opening balance

Break even

Fixed costs \ selling price - variable costs

Contribution

Unit price - variable costs