BTEC Business - Unit 3 formulae Exam Questions Correctly Answered.
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Module
BTEC
Institution
BTEC
BTEC Business - Unit 3 formulae Exam Questions Correctly Answered.
Total Revenue - CORRECT ANSWER Price x Quantity
Working capital (net current assets) - CORRECT ANSWER Current assets - current liabilities
Current ratio - CORRECT ANSWER Current assets / current liabilities
Liquid capita...
Total contribution - CORRECT ANSWER Total revenue - total variable cost
Breakeven point - CORRECT ANSWER TR = TC
Total cost - CORRECT ANSWER FC + (VC x Q)
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