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Formulas
Business formulas
6
Business
10th Grade
11/27/2013
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Cards

Term
Sales Revenue
 Definition
QuantityxPrice
Term
Break Even
 Definition
Fixed costs divied by selling price- variable costs
Term
profit
 Definition
revenue- expenditure
Term
Gross profit
 Definition
Sales revenue- cost of sales
Term
Net Profit
 Definition
Gross Profit- Cost of sales
Term
Total Costs
 Definition
Fixed Costs+ Variable costs
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