Formula List for Edexcel GCSE (9-1) Business

Fill in the blank: Total costs = total fixed costs + ________.

• total variable costs

• total marginal costs

• total average costs

• total sunk costs

Fill in the blank: Total fixed costs = total costs - ________.

• variable costs

• fixed costs

• marginal costs

• sunk costs

Fill in the blank: Total variable costs = total costs - ________.

• Total fixed costs

• Total revenue

• Net profit

• Gross margin

Fill in the blank: Revenue = sales price per unit x ________.

• number of units sold

• number of employees

• total expenses

• profit margin

Fill in the blank: Revenue = gross profit + ________.

• operating expenses

• net income

• taxes

• interest

Fill in the blank: Revenue = profit + ________.

• costs

• expenses

• losses

• taxes

Fill in the blank: Profit/loss = revenue - ________.

• cost

• profit

• tax

• investment

Fill in the blank: Interest (on loans) in % = (total repayment - borrowed amount) / (a)   x 100.

Fill in the blank: Net cash flow = total cash inflows - ________.

• total cash outflows

• total liabilities

• total assets

• total equity

Fill in the blank: Break-even point from a break-even chart: when total revenue = ________.

• total cost

• total profit

• total loss

• total expenses