Btec business formulas - Study guides, Class notes & Summaries
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BTEC BUSINESS UNIT 3: FORMULAS
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BTEC BUSINESS UNIT 3: FORMULAS
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BTEC Business Studies Formulas and Keywords Unit 2 with complete solutions 2023
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BTEC Business Studies Formulas and Keywords Unit 2 with complete solutions 2023Revenue 
The money coming into the business 
 
 
 
Fixed Costs 
Costs that stay the same 
 
 
 
Variable Costs 
Costs that change with output 
 
 
 
Total Costs 
= Fixed Costs + Variable Costs 
 
 
 
Total Variable Costs 
= Variable Cost * Quantity 
 
 
 
Profit formula 
=Revenue - Total Costs 
 
 
 
Profit 
Money made by the business 
 
 
 
Budget 
A financial plan for the future 
 
 
 
Revenue formula 
= Selling pri...
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BTEC Business Finance Formulas Exam Questions And Answers 2023
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BTEC Business Finance Formulas Exam Questions And Answers 2023
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BTEC Business Formulas
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Net Cash Flow - Answer - Total inflows - total outflows 
 
Closing balance - Answer - Opening balance + net cash flow 
 
Sales revenue - Answer - price x quantity sold 
 
Variable costs - Answer - cost per unit x quantity made 
 
Total costs - Answer - fixed costs + variable costs 
 
Profit - Answer - sales revenue - total costs 
 
Break even point - Answer - Fixed costs / contribution per unit 
 
Contribution per unit - Answer - Selling price - variable cost per unit 
 
Total contribution - Ans...
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BTEC Business Studies Formulas and Keywords Unit 2 EXAM WITH 100% CORRECT ANSWERS
- Exam (elaborations) • 2 pages • 2023
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Revenue 
The money coming into the business 
 
 
 
Fixed Costs 
Costs that stay the same 
 
 
 
Variable Costs 
Costs that change with output 
 
 
 
Total Costs 
= Fixed Costs + Variable Costs 
 
 
 
Total Variable Costs 
= Variable Cost * Quantity 
 
 
 
Profit formula 
=Revenue - Total Costs 
 
 
 
Profit 
Money made by the business 
 
 
 
Budget 
A financial plan for the future 
 
 
 
Revenue formula 
= Selling price * quantity sold 
 
 
 
Break Even 
When a business makes neither a loss nor ...
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BTEC BUSINESS UNIT 3: FORMULAS
- Exam (elaborations) • 3 pages • 2024
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BTEC BUSINESS UNIT 3: FORMULAS
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BTEC Business Formulas questions and answers with graded solutions
- Exam (elaborations) • 2 pages • 2023
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BTEC Business Formulas questions and answers with graded solution 
Net Cash Flow 
Total inflows - total outflows 
 
 
 
Closing balance 
Opening balance + net cash flow 
 
 
 
Sales revenue 
price x quantity sold 
 
 
 
Variable costs 
cost per unit x quantity made 
 
 
 
Total costs 
fixed costs + variable costs 
 
 
 
Profit 
sales revenue - total costs 
 
 
 
Break even point 
Fixed costs / contribution per unit 
 
 
 
Contribution per unit 
Selling price - variable cost per unit 
 
 
 
Total...
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BTEC Business unit Exam Package Deal -Solved
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2023 BTEC Level 3 Business: Unit 3 - Personal & Business Finance ALL formulas!
Btec Business Unit 2 - Developing a marketing campaign Questions and Answers 100% Correct
BTEC 2023 Business Unit 3 Exam Solved 100% Correct
BTEC Business unit 6 Questions and Answers 2023 -Solved
BTEC Unit 7 Business decision making Exam Graded A+
BTEC Unit 7A (INT) - 

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BTEC LEVEL 3 BUSINESS: UNIT 3 - PERSONAL & BUSINESS FINANCE ALL FORMULAS! QUESTIONS AND ANSWERS WITH SOLUTIONS 2024
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BTEC LEVEL 3 BUSINESS: UNIT 3 - PERSONAL & BUSINESS FINANCE ALL FORMULAS! QUESTIONS AND ANSWERS WITH SOLUTIONS 2024
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BTEC Level 3 Business: Unit 3 - Personal & Business Finance ALL formulas Questions With Verified Solutions 2024.
- Exam (elaborations) • 2 pages • 2024
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BTEC Level 3 Business: Unit 3 - Personal & Business Finance ALL formulas Questions With Verified Solutions 2024.
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