Unit 3 - Personal Business and Finance Equations

Net Cash Flow = Total Cash Inflow - Total Cash Outflow

Closing Balance = Opening Balance - Net Cash Flow

Total Revenue = Selling Price  X  Quantity Sold

Total Costs = Fixed Costs + Total Variable Costs

Profit = Total Revenue - Total Costs

Total Contribution = Sales Revenue - Total Variable Costs

Contribution (Per Unit) = Selling Price - Cariable Costs

Profit (Using Contribution) = Contribution Per Unit  X  Margin Of Safety

Break Even Output = Total Fixed Costs - Break Eben Level Of Output

Revenue =…