Finance 2 0.0 / 5 ? Business StudiesFinanceGCSEEdexcel Created by: hollie.dunnCreated on: 03-06-14 15:06 Start-up costs Definition: 1 of 19 Operating costs Definition: 2 of 19 Fixed costs Definition: 3 of 19 Variable costs: Definition: 4 of 19 What is the formula for calculating variable costs? Variable costs = 5 of 19 Direct costs Definition: 6 of 19 Indirect costs Definition: 7 of 19 Total costs Definition: 8 of 19 What is the formula for working out total costs? Total costs = 9 of 19 Revenue Definition: 10 of 19 What are three other sources of revenue? Three other sources of revenue are: 11 of 19 What is the formula used to calculate revenue? Revenue = 12 of 19 Expenditure Definition: 13 of 19 Capital expenditure Definition: 14 of 19 Revenue expenditure Definition: 15 of 19 Overheads Definition: 16 of 19 Profit Definition: 17 of 19 Loss Definition: 18 of 19 What is the formula for calculating profit/loss? Profit = 19 of 19
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