GCSE Edexcel Business Formulas

What is the formula for break-even point?

• Break-even point = Fixed costs / (Selling price per unit - Variable cost per unit)

• Break-even point = Fixed costs / (Selling price per unit + Variable cost per unit)

• Break-even point = Fixed costs * (Selling price per unit - Variable cost per unit)

• Break-even point = Fixed costs / (Selling price per unit + Variable cost per unit)

What is the formula for net cash flow?

• Variable Cost- Fixed Cost

• Outflows- Inflows

• Inflows- Outflows

• Fixed costs+ Variable Costs

What is the formula for revenue?

• Revenue = Quantity x Price

• Revenue = Quantity - Price

• Revenue = Quantity / Price

• Revenue = Quantity + Price

What is the formula for total costs?

• Total Costs = Fixed Costs - Variable Costs

• Total Costs = Fixed Costs + Variable Costs

• Total Costs = Fixed Costs / Variable Costs

• Total Costs = Fixed Costs * Variable Costs

What is the formula for profit?

• Profit = Revenue - Total Costs

• Profit = Revenue + Cost

• Profit = Revenue / Cost

• Profit = Revenue * Cost

How do you calculate revenue?

• Add the price and the quantity sold.

• Divide the price by the quantity sold.

• Subtract the price from the quantity sold.

• Multiply the price by the quantity sold.

How do you calculate total costs?

• Multiply the individual costs by the number of items or projects.

• Subtract the individual costs from the total budget.

• Divide the total budget by the number of items or projects.

• Add up all the individual costs associated with the item or project.

What is the formula for the margin of safety?

• Fixed Costs/Contribution

• Break even point- Costs

• Actual Sales- Break Even

• Break even- Actual sales