Business Finance - Unit

Business Finance - Unit

Assessment

Flashcard

Business

11th Grade

Hard

Created by

Laura Urban

FREE Resource

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29 questions

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1.

FLASHCARD QUESTION

Front

What is the equation for Total revenue in Break-even Analysis?

Back

Selling price x quantity sold

2.

FLASHCARD QUESTION

Front

What is the equation for Total costs in Break-even Analysis?

Back

Fixed costs + total variable costs

3.

FLASHCARD QUESTION

Front

What is the equation for Profit in Break-even Analysis?

Back

Total revenue – total costs

4.

FLASHCARD QUESTION

Front

What is the equation for Total contribution in Break-even Analysis?

Back

Sales revenue – total variable costs

5.

FLASHCARD QUESTION

Front

Equation for Contribution (per unit) in Break-even Analysis?

Back

Selling price – variable costs per unit

6.

FLASHCARD QUESTION

Front

What is the equation for Profit (using contribution) in Break-even Analysis?

Back

Contribution per unit x margin of safety

7.

FLASHCARD QUESTION

Front

What is the equation for Break even point in Break-even Analysis?

Back

Fixed costs / (selling price – variable costs) or Fixed costs / contribution per unit

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