Btec business formulas Study guides, Class notes & Summaries
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BTEC Business Formulas Exam 2024 Questions & Answers Guaranteed Pass.
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BTEC Business Formulas Exam 2024 Questions & Answers Guaranteed Pass.
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BTEC UNIT 7 BUSINESS DECISION MAKING: FORMULAS
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BTEC UNIT 7 BUSINESS DECISION MAKING: FORMULAS
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BTEC Level 3 Business: Unit 3 - Personal & Business Finance ALL formulas 2024 update
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BTEC Level 3 Business: Unit 3 - Personal & Business Finance ALL formulas 2024 update
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BTEC Business unit Exam Package Deal -Solved
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2023 BTEC Level 3 Business: Unit 3 - Personal & Business Finance ALL formulas!
Btec Business Unit 2 - Developing a marketing campaign Questions and Answers 100% Correct
BTEC 2023 Business Unit 3 Exam Solved 100% Correct
BTEC Business unit 6 Questions and Answers 2023 -Solved
BTEC Unit 7 Business decision making Exam Graded A+
BTEC Unit 7A (INT) - 

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BTEC Business Formulas Questions and ANSWERS 2024
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BTEC Business Formulas
And that's how you make extra money
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BTEC Business Studies Formulas and Keywords Unit 2 EXAM WITH 100% CORRECT ANSWERS
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Revenue 
The money coming into the business 
 
 
 
Fixed Costs 
Costs that stay the same 
 
 
 
Variable Costs 
Costs that change with output 
 
 
 
Total Costs 
= Fixed Costs + Variable Costs 
 
 
 
Total Variable Costs 
= Variable Cost * Quantity 
 
 
 
Profit formula 
=Revenue - Total Costs 
 
 
 
Profit 
Money made by the business 
 
 
 
Budget 
A financial plan for the future 
 
 
 
Revenue formula 
= Selling price * quantity sold 
 
 
 
Break Even 
When a business makes neither a loss nor ...
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BTEC BUSINESS UNIT 3: FORMULAS
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BTEC BUSINESS UNIT 3: FORMULAS
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BTEC BUSINESS UNIT 3: FORMULAS with complete solution
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BTEC BUSINESS UNIT 3: FORMULAS with complete solution
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BTEC BUSINESS UNIT 3: FORMULAS
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BTEC BUSINESS UNIT 3: FORMULAS
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BTEC Level 3 Business: Unit 3 - Personal & Business Finance ALL formulas,100% CORRECT
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BTEC Level 3 Business: Unit 3 - Personal & Business Finance ALL formulas 
 
 
Net Cash Flow - CORRECT ANSWER Total Cash Inflow - Total Cash Outflow 
 
Closing Balance - CORRECT ANSWER Opening Balance + Net Cash Flow 
 
Total Revenue - CORRECT ANSWER Selling Price X Quantity Sold 
 
Total Costs - CORRECT ANSWER Fixed Cost + Total Variable Costs 
 
Profit - CORRECT ANSWER Total Revenue - Total Costs 
 
Total Contribution - CORRECT ANSWER Sales Revenue - Total Variable Costs 
 
Contribution (Per Un...
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