Btec business formulas - Study guides, Class notes & Summaries

BTEC Business Formulas Exam Questions & Answers 2024/2025

BTEC Business Studies Formulas and Keywords Unit 2 Latest 2024

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 - Answer-Sales revenue - total variab...

BTEC Business Studies Formulas and Keywords Unit 2 UPDATED ACTUAL Exam Questions and CORRECT Answers Revenue - CORRECT ANSWER- The money coming into the business Fixed Costs - CORRECT ANSWER- Costs that stay the same Variable Costs - CORRECT ANSWER- Costs that change with output

Revenue - Answer-The money coming into the business Fixed Costs - Answer-Costs that stay the same Variable Costs - Answer-Costs that change with output Total Costs - Answer-= Fixed Costs + Variable Costs Total Variable Costs - Answer-= Variable Cost * Quantity Profit formula - Answer-=Revenue - Total Costs Profit - Answer-Money made by the business Budget - Answer-A financial plan for the future Revenue formula - Answer-= Selling price * quantity sold Break Even - Answer-When a business...

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 contributi...

BTEC BUSINESS UNIT 3: FORMULAS Exam 36 Questions with Answers Net Cash Flow (Cash Flow Forecast) - CORRECT ANSWER = Total Income (inflows) - Total Expenses (Outflows) Closing Balance (Cash Flow Forecast) - CORRECT ANSWER = Opening Balance + Net Cash Flow Total Cost - CORRECT ANSWER = Fixed Costs + Variable Costs Cost per Unit (Average Total Cost) - CORRECT ANSWER = Total Cost / Output Variable Cost per Unit - CORRECT ANSWER = Total Variable Cost / Output Total Variable Cost -...

BTEC Business Formulas

BTEC Business Formulas Exam 27 Questions with Answers Net Cash Flow - CORRECT ANSWER Total inflows - total outflows Closing balance - CORRECT ANSWER Opening balance + net cash flow Sales revenue - CORRECT ANSWER price x quantity sold Variable costs - CORRECT ANSWER cost per unit x quantity made Total costs - CORRECT ANSWER fixed costs + variable costs Profit - CORRECT ANSWER sales revenue - total costs Break even point - CORRECT ANSWER Fixed costs / contribution per unit ...

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