Business Formulas A Level Edexcel

Business Formulas A Level Edexcel Operating profit margin (operating profit/revenue) X 100 Net capital employed non-current liabilities + equity Current ratio current assets/current liabilities Acid test (quick ratio) (current assets - stock)/current liabilities Capital intensity capital goods/fixed costs X 100 Labor productivity Total output/number of employees Labor turnover number of employees leaving/total number of employees X 100 Average cost per unit total production costs/total output Actual output/maximum possible output X 100 capacity utilization Gearing Ratio Non-Current Liabilities / Capital employed x 100 Return on Capital Employed Operating Profit / Capital Employed x100 Rate of Absenteeism (Number of day absent on a day)/ (Total number of staff employed) x100 % mark up (Difference in price/original cost) X 100 % change ((New value - old value)/old value) X 100 Price elasticity of demand (PED) % change in quantity demanded