Business Edexcel Formulae GCSE Questions & Answers
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Course
Business Edexcel Formulae GCSE
Institution
Business Edexcel Formulae GCSE
Total costs - ANSWERSTotal fixed costs + Total variable costs
Variable costs - ANSWERSCost of one unit x Quantity produced
Revenue - ANSWERSPrice x Quantity
Break even - ANSWERSFixed costs / Sales price - Variable costs
Margin of Safety - ANSWERSActual or budgeted sales - Break even sal...
Net profit - ANSWERSGross profit - Other operating expenses and interest
Net profit margin - ANSWERSNet profit / Sales revenue x 100
Average rate of return - ANSWERSAverage annual profit (Total profit / Number of
years) / Cost of investment x 100
Percentage growth - ANSWERSIncrease in size / Original size x 100
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