Unit 3 Personal & Business Finance - formula Quiz

Breakeven output = ? / CPU

• Variable costs

• Fixed costs

• Total costs

• Revenue

Margin of safety = actual output - ?

• Revenue

• Profit

• CPU

• Breakeven output

Total inflows - Total outflows =

• Net cash flow

• Opening balance

• Closing balance

• Total inflows

Closing balance = opening balance ? Net cash flow

• +

• -

• /

• x

Revenue - cost of sales = ?

• Gross profit

• Net profit

• Closing balance

• Net cash flow

Cost of sales = (opening inventory + purchases) - ?

• Opening inventory

• Gross profit

• Closing inventory

• Expenses

Net profit = Gross profit -

• Revenue

• Cost of sales

• Expenditure

• Net profit

Net book value (or carrying amount) = ? - depreciation

• Cost

• Net Assets

• Current Assets

• Net profit

Net current assets/liabilities = Current assets - ?

• Net assets

• Non-current assets

• Current liabilities

• long-term liabilities

capital employed = (opening capital + profit) - ?

• sketches

• drawings

• art

• capital