GCSE Edexcel Business Formulas

What is the formula for Total Cost

• actual or budgeted sales - break even sales

• total fixed costs + total variable costs

• opening balance + net cash-flow

• price x quantity

What is the formula for revenue

• total fixed costs + total variable costs

• (gross profit/sales revenue) x 100

• price x quantity

• fixed cost/(sales price - variable cost)

What is the formula for Break Even

• opening balance + net cash flow

• price x quantity

• gross profit - other operating expenses and interest

• fixed cost / (sales price - variable cost)

What is the formula for Break Even in costs/revenue

• break even point in units x sales price

• price x quantity

• sales revenue - cost of sales

• opening balance = net cash flow

What is the formula for Margin of Safety

• actual or budgeted sales - break even sales

• price x quantity

• (gross profit / sales revenue) x 100

• total fixed costs + total variable costs

What is the formula for Interest (on loans)

• price x quantity

• ((total repayment - borrowed amount)/borrowed amount) x 100)

• actual or budgeted sales - break even sales

• sales revenue - cost of sales

What is the formula for Net Cash-flow

• actual or budgeted sales - break even sales

• sales revenue - cost of sales

• cash infows - cash outflows in a given period

• opening balance + net cash-flow

What is the formula for Opening Balance

• closing balance of the previous period

• opening balance + new cash-flow

• sales revenue - cost of sales

• total fixed costs + total variable costs

What is the formula for Closing Balance

• closing balance of the previous period

• opening balance + new cash-flow

• sales revenue - cost of sales

• total fixed costs + total variable costs

What is the formula for Gross Profit

• total fixed costs = total variable costs

• gross profit - other operating expenses and interest

• price x quantity

• sales revenue - cost of sales