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Edexcel Theme 2

Financial Formula

TermDefinition
Total Revenue Quantity Sold X Selling Price
Total Cost Fixed Costs + Variable Costs
Fixed Costs Costs that do not change with output
Variable Costs Costs that change with output
Profit/Loss Total Revenue - Total Costs
Contribution (per unit) Price - Variable Cost per unit
Total Contribution Total Revenue - TOTAL Variable Cost
Breakeven Total Revenue = Total Cost
Breakeven Formula Fixed Costs ÷ (Price - Variable Cost per unit)
Margin of Safety Output - Breakeven output
Gross Profit Margin (Gross Profit ÷ Revenue) X100%
Operating Profit Margin (Operating Profit ÷ Revenue) X 100%
Net Profit Margin (Net Profit ÷ Revenue) X 100%
Breakeven (Contribution Formula) Fixed Cost ÷ Contribution per unit
Gross Profit Revenue - Cost of Sales
Operating Profit Gross Profit - Other Expenses
Net Profit Operating Profit - Interest
Created by: mrholland
Popular Business sets

 

 



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