BTEC Level 3 Business: Unit 3 - Personal & Business Finance ALL formulas
Net Cash Flow - CORRECT ANSWER Total Cash Inflow - Total Cash
... [Show More] Outflow
Closing Balance - CORRECT ANSWER Opening Balance + Net Cash Flow
Total Revenue - CORRECT ANSWER Selling Price X Quantity Sold
Total Costs - CORRECT ANSWER Fixed Cost + Total Variable Costs
Profit - CORRECT ANSWER Total Revenue - Total Costs
Total Contribution - CORRECT ANSWER Sales Revenue - Total Variable Costs
Contribution (Per Unit) - CORRECT ANSWER Selling Price - Variable Cost (per unit)
Profit (Using Contribution) - CORRECT ANSWER Contribution Per Unit x Margin of Safety
Break-Even Output - CORRECT ANSWER Total Fixed Costs / Unit Contribution
Margin of Safety - CORRECT ANSWER Actual Sales - Break-Even Level of Output
Revenue - CORRECT ANSWER Unit Price X Quantity Sold
Gross Profit - CORRECT ANSWER Sales Revenue - Cost of Goods Sold
Cost of Goods Sold - CORRECT ANSWER Opening Inventory + Purchases - Closing Inventory
Profit/Loss of the Year - CORRECT ANSWER Gross Profit - Expenses + Other Income
Net Book Value - CORRECT ANSWER Cost - Depreciation
Net Current Assets - CORRECT ANSWER Current Assets - Current Liabilities
Net Assets - CORRECT ANSWER Non-Current Assets + Net Current Assets - Long Term Liabilities
Capital Employed - CORRECT ANSWER Opening Capital + Profit of the Year less drawings
Balance Sheet - CORRECT ANSWER Net Assets = Capital Employed
Gross Profit Margin - CORRECT ANSWER Gross Profit / Revenue x 100
Mark-Up - CORRECT ANSWER Gross Profit/Cost of Sales x 100
Profit Margin - CORRECT ANSWER Profit/Revenue x 100
Return on Capital Employed - CORRECT ANSWER Profit/Capital Employed x 100
Current Ratio - CORRECT ANSWER Current Assets/ Current Liabilities
Liquid Capital Ratio - CORRECT ANSWER Current Assets - Inventory/ Current Liabilities
Trade Receivable Days - CORRECT ANSWER Trade Receivables/Credit Sales x 365
Trade Payable Days - CORRECT ANSWER Trade Payables/Credit Purchases x 365
Average Inventory Turnover - CORRECT ANSWER Average Inventory /Cost of Sales x 365 [Show Less]