Cash Flow and Financial Formulas Quiz

What is the formula for net cash flow?

• Total income – total expenditure

• Total revenue – total costs

• Gross profit – expenses

• Net assets – current liabilities

How is the closing balance calculated?

• Opening balance + net cash flow

• Total revenue – total costs

• Net current assets – current liabilities

• Gross profit – cost of goods sold

What is the formula for total revenue?

• Selling price x quantity sold

• Total fixed costs + total variable costs

• Gross profit – expenses

• Net assets – current liabilities

How is profit calculated?

• Total revenue – total costs

• Net current assets – current liabilities

• Gross profit – expenses

• Total income – total expenditure

What is the formula for contribution per unit?

• Selling price – variable cost (per unit)

• Total revenue – total costs

• Gross profit – expenses

• Net assets – current liabilities

How is the margin of safety (units) calculated?

• Actual sales – break-even output

• Total revenue – total costs

• Gross profit – expenses

• Net assets – current liabilities

What is the formula for sales revenue?

• Selling price per unit x quantity sold

• Total revenue – total costs

• Gross profit – expenses

• Net assets – current liabilities

How is gross profit calculated?

• Sales revenue – cost of goods sold

• Total revenue – total costs

• Gross profit – expenses

• Net assets – current liabilities

What is the formula for net current assets?

• Current assets – current liabilities

• Total revenue – total costs

• Gross profit – expenses

• Net assets – current liabilities

What is the formula for gross profit margin?

• Gross profit/sales revenue x100

• Total revenue – total costs

• Gross profit – expenses

• Net assets – current liabilities