Learning formulas:

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

• sales revenue

• closing balance

• opening balance

• total expenditure

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

• Total expenses

• Opening balance

• Profit

• Sales revenue

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

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

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

• Total sales revenue

• Selling price

• Profit

• Total costs

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

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

• Purchases

• Sales revenue

• Expenses

• Profit

Net profit = Gross profit - .................

Depreciation = cost - ........................

life expectancy

• Net profit

• total costs

• sales revenue

• residual value

Discount received, on an income statement, is added to your ......................

• Sales revenue

• Total expenses

• Net profit

• Gross profit