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16358928
Business Formulas
Description
GCSE Business Studies Mind Map on Business Formulas, created by Thea Friend on 20/12/2018.
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business studies
gcse
Mind Map by
Thea Friend
, updated more than 1 year ago
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Created by
Thea Friend
about 6 years ago
13
1
0
Resource summary
Business Formulas
Revenue=selling price x sales volume
Total variable costs=quantity x variable cost per unit
Total costs=total variable costs + total fixed costs
Interest=total repayment-borrowed/borrowed amount x 100
Break-even=fixed costs/selling price per unit-variable costs per unit
Contribution=selling price - variable costs per unit
net cash flow=cash inflow-cash outflow
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