Busy. Please wait.

show password
Forgot Password?

Don't have an account?  Sign up 

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Didn't know it?
click below
Knew it?
click below
Don't know (0)
Remaining cards (0)
Know (0)
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

business finance


Total Revenue Selling price x quantity sold
Total costs Fixed costs + total variable costs
Profit Total revenue – total costs
Break even output Fixed Costs Contribution per unit (SP – VC)
Contribution per unit Selling Price per unit – Variable Cost per unit
Variable cost per unit Total variable costs/ Number of units
Margin of safety Actual output – break even output
Total contribution CPU x quantity of units sold
Profit – BREAK EVEN Total contribution – fixed costs
Gross Profit Sales revenue – cost of goods sold (cost of sales)
Costs of good sold Opening inventory + purchases – closing inventory
Operating Profit Gross Profit – Expenses (overheads)
Straight line method Cost – residual value (resale value) Expected life (years)
Net current assets (working capital) Total current assets – total current liabilities
Net assets Non current assets + net current assets – non current liabilities
Total equity Owners/shareholders capital + retained profit - drawings
Gross profit margin Gross profit x 100 Sales Revenue = %
Operating profit (net profit) margin Operating profit (net profit) x 100 Sales Revenue = %
Mark-up Gross profit x 100 Cost of goods sold = %
Return on capital employed Operating Profit (Profit) x 100 Capital employed (total equity + non current liabilities) = %
Current ratio Current assets/Current liabilities = x: 1
Liquid capital ratio Current assets - inventory/Current liabilities = x: 1
Trade receivable days Trade receivables x 365 Credit Sales = days
Trade payable days Trade payables x 365 Credit purchases = days
Inventory turnover Average inventory (opening + closing/2) x 365 Cost of sales = days
Created by: mliyeli



Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!

"Know" box contains:
Time elapsed:
restart all cards