Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
12 Cards in this Set
- Front
- Back
Market share |
The Business' Sales ---------------------------- X 100 Total Sales |
|
Market growth |
Change in Value ----------------------- X 100 Original Value |
|
Profit |
Total revenue − total costs. |
|
Total revenue |
Selling price × number of items sold |
|
Total Contribution |
Sales revenue - total variable costs |
|
Contribution per unit |
Selling price of one unit − variable costs for one unit |
|
Total contribution |
Unit contribution × number of units/items sold. |
|
Break-even level of output |
Fixed costs of business -------------------------------- Contribution per unit |
|
Net monthly cash flow |
Monthly cash inflow − monthly cash outflow. |
|
Operating profit margin |
Operating profit ---------------------- x 100 Turnover |
|
Gross profit margin |
Gross profit ----------------- x 100 Revenue |
|
Gross profit |
Sales revenue - variable costs |