Exam (elaborations)
BTEC Business Formulas.Questions and answers are graded A+
- Course
- Institution
BTEC Business Formulas
[Show more]
Seller
Follow
sanlly123
Content preview
BTEC Business FormulasNet Cash Flow - answerTotal inflows - total outflows
Closing balance - answerOpening balance + net cash flow
Sales revenue - answerprice x quantity sold
Variable costs - answercost per unit x quantity made
Total costs - answerfixed costs + variable costs
Profit - answersales revenue - total costs
Break even point - answerFixed costs / contribution per unit
Contribution per unit - answerSelling price - variable cost per unit
Total contribution - answerSales revenue - total variable costs
Margin of Safety - answerActual sales - break even level of output
Costs of goods sold - answerOpening inventory + purchases - closing inventory
Gross profit - answersales turnover - cost of goods sold
Net profit - answergross profit - expenses + other revenue income
straight line depreciation - answerhistoric value - residual value / expected life
Working Capital - answercurrent assets - current liabilities
Net assets - answerfixed assets + current assets - (current liabilities + long term
liabilities)
Capital employed - answerowners/shareholders capital + retained profit - drawings
Gross profit margin - answerGross profit/sales revenue x 100
Mark-up - answerGross profit / cost of sales x 100
Net profit margin - answernet profit/revenue x 100
return on capital employed - answerNet profit / capital employed x 100
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller sanlly123. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $15.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75632 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now