
Business Formula Quiz
Authored by Dom Fullman
Business
10th Grade
Used 3+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the formula for calculating revenue?
Sales x Costs
Sales x Price
Profit + Costs
Sales – Fixed Costs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do you calculate total costs?
Fixed Costs + Variable Costs
Revenue – Profit
Sales x Price
Gross Profit – Expenses
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the correct formula for percentage change?
(Original Value ÷ Change) × 100
(Change ÷ Original Value) × 100
(New Value ÷ Old Value) × 100
(Sales ÷ Revenue) × 100
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do you calculate market share?
Sales of business ÷ Total market sales × 100
Revenue ÷ Total sales × 100
Total costs ÷ Sales × 100
Profit ÷ Revenue × 100
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the formula for break-even output?
Total Revenue = Fixed Costs
Total Revenue = Total Costs
Total Costs – Revenue = 0
Sales = Profit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The formula for net cash flow is: Total cash ________ – Total cash ________
inflow
outflow
7.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
Gross Profit is calculated by: Revenue – **________**_
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