Btec business formulas Study guides, Class notes & Summaries

BTEC BUSINESS UNIT 3: FORMULAS Exam 36 Questions with Answers Net Cash Flow (Cash Flow Forecast) - CORRECT ANSWER = Total Income (inflows) - Total Expenses (Outflows) Closing Balance (Cash Flow Forecast) - CORRECT ANSWER = Opening Balance + Net Cash Flow Total Cost - CORRECT ANSWER = Fixed Costs + Variable Costs Cost per Unit (Average Total Cost) - CORRECT ANSWER = Total Cost / Output Variable Cost per Unit - CORRECT ANSWER = Total Variable Cost / Output Total Variable Cost -...

BTEC Business Studies Formulas and Keywords Unit 2 Latest 2024

Net Cash Flow - Answer-Total inflows - total outflows Closing balance - Answer-Opening balance + net cash flow Sales revenue - Answer-price x quantity sold Variable costs - Answer-cost per unit x quantity made Total costs - Answer-fixed costs + variable costs Profit - Answer-sales revenue - total costs Break even point - Answer-Fixed costs / contribution per unit Contribution per unit - Answer-Selling price - variable cost per unit Total contribution - Answer-Sales revenue - total variab...

BTEC Business Formulas Exam 27 Questions with Answers Net Cash Flow - CORRECT ANSWER Total inflows - total outflows Closing balance - CORRECT ANSWER Opening balance + net cash flow Sales revenue - CORRECT ANSWER price x quantity sold Variable costs - CORRECT ANSWER cost per unit x quantity made Total costs - CORRECT ANSWER fixed costs + variable costs Profit - CORRECT ANSWER sales revenue - total costs Break even point - CORRECT ANSWER Fixed costs / contribution per unit ...

BTEC Business Studies Formulas and Keywords Unit 2

BTEC Business Studies Formulas and Keywords Unit 2 Questions with Answers Revenue - CORRECT ANSWER The money coming into the business Fixed Costs - CORRECT ANSWER Costs that stay the same Variable Costs - CORRECT ANSWER Costs that change with output Total Costs - CORRECT ANSWER = Fixed Costs + Variable Costs Total Variable Costs - CORRECT ANSWER = Variable Cost * Quantity Profit formula - CORRECT ANSWER =Revenue - Total Costs Profit - CORRECT ANSWER Money made by the busin...

Revenue - Answer-The money coming into the business Fixed Costs - Answer-Costs that stay the same Variable Costs - Answer-Costs that change with output Total Costs - Answer-= Fixed Costs + Variable Costs Total Variable Costs - Answer-= Variable Cost * Quantity Profit formula - Answer-=Revenue - Total Costs Profit - Answer-Money made by the business Budget - Answer-A financial plan for the future Revenue formula - Answer-= Selling price * quantity sold Break Even - Answer-When a business...

Revenue - Answer- The money coming into the business Fixed Costs - Answer- Costs that stay the same Variable Costs - Answer- Costs that change with output Total Costs - Answer- = Fixed Costs + Variable Costs Total Variable Costs - Answer- = Variable Cost * Quantity Profit formula - Answer- =Revenue - Total Costs Profit - Answer- Money made by the business Budget - Answer- A financial plan for the future Revenue formula - Answer- = Selling price * quantity sold Break Ev...

Net Cash Flow correct answers Total inflows - total outflows Closing balance correct answers Opening balance + net cash flow Sales revenue correct answers price x quantity sold Variable costs correct answers cost per unit x quantity made Total costs correct answers fixed costs + variable costs Profit correct answers sales revenue - total costs Break even point correct answers Fixed costs / contribution per unit Contribution per unit correct answers Selling price - variable c...

BTEC Business Formulas