Edexcel a level business formulas
1. % mark up (Difference in price/original cost) X 100
2. % change ((New value - old value)/old value) X 100
3. Price elasticity of demand (PED) % change in quantity demanded/% change in
price
4. Income elasticity of demand (YED) % change in quantity demanded/% change in
income
5. net cash flow cash inflows - cash outflows
6. opening balance cash balance at the start of the month
7. closing balance opening balance + net cash flow
8. cumulative flow sum of all closing balances
9. sales revenue selling price X quantity sold
10. total variable costs variable cost per unit X quantity sold
11. total costs fixed costs + variable costs
12. profit total revenue - total costs
13. break even output fixed costs/contribution per unit
14. contribution per unit selling price per item - variable cost per item
15. total contributioncontribution per unit X quantity sold
16. margin of safety actual output - break even ouput
1. % mark up (Difference in price/original cost) X 100
2. % change ((New value - old value)/old value) X 100
3. Price elasticity of demand (PED) % change in quantity demanded/% change in
price
4. Income elasticity of demand (YED) % change in quantity demanded/% change in
income
5. net cash flow cash inflows - cash outflows
6. opening balance cash balance at the start of the month
7. closing balance opening balance + net cash flow
8. cumulative flow sum of all closing balances
9. sales revenue selling price X quantity sold
10. total variable costs variable cost per unit X quantity sold
11. total costs fixed costs + variable costs
12. profit total revenue - total costs
13. break even output fixed costs/contribution per unit
14. contribution per unit selling price per item - variable cost per item
15. total contributioncontribution per unit X quantity sold
16. margin of safety actual output - break even ouput