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EDUQAS Business A Level Review Questions and Answers
Fixed costs ÷ contribution Break even 
(Opening stock + purchases) - closing stock Cost of sales 
Total revenue - cost of sales Gross profit 
Gross profit - expenses Net profit 
Gross profit ÷ sales revenue x100 Gross profit margin 
Net profit ÷ sales revenue x100 Net profit margin 
Individual sales ÷ total market sales x100 Market share 
Selling price x quantity Revenue 
VC costs x quantity sold Variable costs 
Fixed costs + variable costs Total costs 
Selling price - variable costs Contrib...