ESB Financial Formulas

ESB Financial Formulas

Assessment

Flashcard

Business

9th - 12th Grade

Practice Problem

Easy

Created by

Erica Walker

Used 1+ times

FREE Resource

Student preview

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11 questions

Show all answers

1.

FLASHCARD QUESTION

Front

Selling Price

Back

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

2.

FLASHCARD QUESTION

Front

Gross Profit

Back

SALES - COGS

3.

FLASHCARD QUESTION

Front

Equity

Back

Assets - Liabilities

4.

FLASHCARD QUESTION

Front

Net Profit

Back

SALES – COGS - EXPENSES

5.

FLASHCARD QUESTION

Front

Income Tax

Back

(GROSS INCOME) X (TAX RATE)

6.

FLASHCARD QUESTION

Front

Run Rate

Back

(MONTHLY REVENUE) X (12)

7.

FLASHCARD QUESTION

Front

Return on Investment (ROI)

Back

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

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