Studied by 25 peopleTarget profit output
fixed costs + taregt profit / contribution per unit
Labour Turnover (%)
(number of staff leaving over a year / average number of staff employed in a year ) x 100
Market Share (%)
(total company sales in a year / total sales in a market) x 100
Cost to Buy
Price x Quantity
Cost to Make
Variable costs x Quantity
Total revenue
Price x Quantity
Profit
Total revenue - Total costs
Gross Profit
Sales revenue - Cost of goods sold
Net profit before interest and tax
Gross profit - expenses & overheads
Working Capital
Current Asstes - Current Liabilities
Straight line method (Depreciation)
(origninal cost-residual value)/ expected useful life of asset
Reducing balance (Depreciation)
cost of original asset x rate of depreciation
Payback Period
intial investment cost / anual cash flow from investment
Break-even quantity
Fixed costs / contribution per unit
Contribution per unit
Selling price - Variable costs
Margin of safety
current output - break even quantity
Break even revenue
(fixed costs / contribution per unit) x price per unit
Note
Flashcard