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WorksheetsBusiness Finance Formula Revision
Total questions: 14
Worksheet time: 7mins
Selling Price x Quantity sold is the formula for
Total Revenue
Total Costs
Profit
Total costs is calculated as
Fixed costs - variable costs
Variable costs + Revenue
Fixed costs + Variable costs
Margin of safety is calculated as
Breakeven + actual sales
Actual sales - breakeven
Contribution x breakeven
Selling price - Variable Cost per unit is the formula for
Margin of safety
Total contribution
Contribution per unit
Revenue is calculated as
Sales - Cost of goods sold
Unit price x quantity sold
Cost - depreciation
Gross profit is calculated as
Cost - depreciation
Revenue - total costs
Revenue - cost of goods sold
Opening inventory + purchases - closing inventory is the formula for
Cost of goods sold
Inventory turnover
Mark up
Net book value is
the value of an asset less depreciation
the value of an asset when it was purchased
the value of an asset at the end of its useful life
Gross Profit / costs of sales x 100 is the formula for
Gross Profit Margin
Profit Margin
Mark-up
Return on capital employed is calculated as
Profit / Revenue x 100
Revenue / Capital employed x 100
Profit / Capital employed x 100
Current Assets / Current Liabilities is the formula for
Current Ratio
Liquid Capital Ratio
Inventory Turnover
Trade receivable days is calculated as
Trade payables / Credit purchases x 100
Trade receivables / Credit purchases x 365
Trade receivables / Credit sales x 365
Net current assets is calculated as
Non current assets - current assets
current liabilities - current assets
current assets - current liabilities
Total Contribution is calculated as
Sales revenue - fixed costs
Total variable costs / units
Sales revenue - total variable costs
