Learning formulas:

Learning formulas:

12th Grade

18 Qs

quiz-placeholder

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Learning formulas:

Learning formulas:

Assessment

Quiz

Other

12th Grade

Hard

Created by

Lois Slater

Used 7+ times

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18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Net cash flow in a forecast = total income - ??

sales revenue

closing balance

opening balance

total expenditure

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a cash flow, to calculate your closing balance = Net cash flow + ??

Total expenses

Opening balance

Profit

Sales revenue

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Sales revenue = s................ p............... x units

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Total variable costs = .................... per unit x units

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Contribution = ......................... - variable cost per unit

Total sales revenue

Selling price

Profit

Total costs

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Break-even = ........................ /Contribution

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cost of goods sold = opening stock + .................... - closing stock

Purchases

Sales revenue

Expenses

Profit

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