BTEC Formula Quiz

Opening Balance = ? from the period before

(a)  

What is the formula for net Cash Flow

• = Total Cash Outflow - Total Cash Inflow

• = Opening Balance - Total Cash Outflows

• = Total Cash Inflows - Total Cash Outflows

• = Closing Balance + Total Cash Outflows

Closing Balance = ? + Opening Balance

(a)  

Break-Even Point = Fixed Costs  $\div$  ? 

(a)  

Contribution Per Unit =

• Fixed Costs - Variable Costs

• Sales Revenue - Total Variable Costs

• Selling Price - Variable Costs Per Unit

Variable costs per unit x quantity =

• Total Contribution

• Total Variable Costs

• Break-Even Point

• Total Fixed Costs

Margin of Safety = ? - Break-Even Level of Input

• Net Cash Flow

• Fixed Costs

• Actual Sales/Projected sales

Costs of Goods Sold=

• opening inventories x purchase

• opening inventories + purchases - closing inventories

• opening inventories + sales

• opening inventories - closing inventories

Sales turnover = quantity sold x ?

(a)  

Gross Profit= ?  $-$  Costs of Goods Sold

• Net Cash Flow

• Opening Inventories

• Closing Inventories

• Sales Turnover