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IGCSE Business Studies Key Terms 23 Flashcards | StudBud
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IGCSE Business Studies Key Terms 23
IGCSE Business Studies Key Terms 23
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1
ratio between profit before tax and capital employed
Return on capital employed (ROCE)
Adding value
Profit margin %
Gross profit margin %
2
selling a product for more that it cost to produce it
Profit margin %
Gross profit margin %
Return on capital employed (ROCE)
Adding value
3
current assets / current liability is the formula for
ROCE
Current ratio
Profit margin
Acid test ration
4
ration between gross profit and revenue
Adding value
Profit margin %
Return on capital employed (ROCE)
Gross profit margin %
5
(current assets - inventories) / current liabilities is the formula for
Profit margin
Acid test ratio
ROCE
Current ratio
6
(profit / revenue) * 100 is the formula for
Profit margin
Gross profit margin
ROCE
Revenue
7
ration between profit before tax and revenue
Return on capital employed (ROCE)
Gross profit margin %
Profit margin %
Adding value
8
(gross profit / revenue) * 100 is the formula for
Gross profit margin
revenue
Profit margin
9
(profit / capital employed) * 100 is the formula for
Profit margin
Gross profit margin
ROCE
