2023 BTEC Level 3 Business: Unit 3 - Personal & Business Finance ALL formulas!

Net Cash Flow - ANSWER-Total Cash Inflow - Total Cash Outflow Closing Balance - ANSWER-Opening Balance + Net Cash Flow Total Revenue - ANSWER-Selling Price X Quantity Sold Total Costs - ANSWER-Fixed Cost + Total Variable Costs Profit - ANSWER-Total Revenue - Total Costs Total Contribution - ANSWER-Sales Revenue - Total Variable Costs Contribution (Per Unit) - ANSWER-Selling Price - Variable Cost (per unit) Profit (Using Contribution) - ANSWER-Contribution Per Unit x Margin of Safety Break-Even Output - ANSWER-Total Fixed Costs / Unit Contribution Margin of Safety - ANSWER-Actual Sales - Break-Even Level of Output Revenue - ANSWER-Unit Price X Quantity Sold Gross Profit - ANSWER-Sales Revenue - Cost of Goods Sold Cost of Goods Sold - ANSWER-Opening Inventory + Purchases - Closing Inventory Profit/Loss of the Year - ANSWER-Gross Profit - Expenses + Other Income Net Book Value - ANSWER-Cost - Depreciation Net Current Assets - ANSWER-Current Assets - Current Liabilities Net Assets - ANSWER-Non-Current Assets + Net Current Assets - Long Term Liabilities Capital Employed - ANSWER-Opening Capital + Profit of the Year less drawings Balance Sheet - ANSWER-Net Assets = Capital Employed Gross Profit Margin - ANSWER-Gross Profit / Revenue x 100