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.
Don't know
remaining cards
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

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

Key Business Formulas

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
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 Current assets - Current liabilities
Net assets Non current assets + net current assets – non current liabilities
Total equity Owners/shareholders capital + retained profit - drawings
Fixed Costs Total Costs – Total Variable Costs
Total Variable Costs Total Costs – Fixed Costs
Retained Profit (Profit for end of year) Net Profit – Tax and Interest
Net Cash Flow Total Cash In – Total Cash Out
Closing Balance Net Cash Flow + Opening Balance
Selling Price Total Revenue/Number of Units Sold
Profit Contribution per unit x Number sold above break even point
Created by: durquhart1