ESB Financial Formulas

Front

Selling Price:

Back

[(COST) X (DESIRED PROFIT MARGIN)] + COST

Front

What is Gross Profit? Options: SALES – COGS - EXPENSES, SALES - COGS, Assets - Liabilities, [(COST) X (DESIRED PROFIT MARGIN)] + COST

Back

SALES - COGS

Front

Equity:

Back

Assets - Liabilities

Front

What is the formula for Net Profit? Options: [(COST) X (DESIRED PROFIT MARGIN)] + COST, Assets - Liabilities, SALES – COGS - EXPENSES, SALES - COGS

Back

SALES – COGS - EXPENSES

Front

Income Tax

Back

(GROSS INCOME) X (TAX RATE)

Front

Run Rate

Back

(MONTHLY REVENUE) X (12)

Front

Return on Investment (ROI)

Back

(NET PROFIT / COST OF INVESTMENT) X (100)

Front

Breakeven Point

Back

TOTAL MONTHLY COSTS / SALE PRICE PER UNIT

Front

Ending Cash Balance: (NET PROFIT / COST OF INVESTMENT) X (100), (MONTHLY REVENUE) X (12), TOTAL CASH – TOTAL COST, CASH AT THE BEGINNING – CASH BALANCE AT THE END

Back

TOTAL CASH – TOTAL COST

Front

Income Tax: (GROSS INCOME) X (TAX RATE)

Back

(GROSS INCOME) X (TAX RATE)