Business studies- finance

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  • Created by: mockary
  • Created on: 15-01-19 15:15
What is break even?
The point that a business is no longer making a loss, but not yet making a profit.
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Break even formula.
FC/ SP- VC
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Revenue formula.
Revenue= price x quantity sold
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Total cost formula.
TC= FC + VC
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What is the break even point?
TC=TR
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Formula for profit.
TR - TC
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Average rate of return formula.
Average annual profit/ initial capacity outlay x 100
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Gross profit formula.
SR - VC
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Net profit margin.
GP/ SR x100
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Net profit formula.
SR - (FC + VC)
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Ways of raising finance.
Loans, overdraft, trade credit, retained profits, sale of assets, owners capital, new partners, issue shares & crowdfunding.
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Other cards in this set

Card 2

Front

Break even formula.

Back

FC/ SP- VC

Card 3

Front

Revenue formula.

Back

Preview of the front of card 3

Card 4

Front

Total cost formula.

Back

Preview of the front of card 4

Card 5

Front

What is the break even point?

Back

Preview of the front of card 5
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