5780334
Description
Flashcards by Paul Saville, updated more than 1 year ago
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Created by Paul Saville
over 9 years ago
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| Question | Answer |
| Break Even Point | Fixed Cost/(sales price-variable cost) |
| Quick Ratio Test | Current Assets/Current Liabilities |
| Acid test ratio | Current Assets-stock/current liabilities |
| Return on Capital Employed | Operating profit/capital employed |
| Operating Profit Margin | (Operating Profit/ Sales) x 100 |
| Gross Profit Margin | (Total Revenue-Cost of goods)/total revenue |
| Sales Revenue | Price per unit x No. of units sold |
| Net Income | Revenue - Expenses |
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