Revenue: Quantity sold × Price
Productivity: Quantity of inputOutput
Labor Productivity: Number of employeesOutput
Working Capital: Current Assets − Current Liabilities
Capital Employed (or Shareholder's funds): Total Assets − Total Liabilities
Profit: Revenue − Cost of sales
Profit (from Break even graph): Total Revenue − Total Costs or TR−TC
Total Costs: Fixed Costs + Variable Costs or FC+VC
Average Cost: Total Number of units producedTotal Costs
Break even point: Contribution per unitFixed costs or SP−VCFC
Contribution per unit: Selling price − Variable costs
Margin of safety: Maximum output − Break even output
Gross profit: Revenue − Cost of sales (or Variable costs)
Gross profit margin: RevenueGross profit×100
Net profit: Gross profit − Expenses (or Fixed costs)
Net profit margin: RevenueNet profit×100
Return on Capital Employed: Capital InvestedNet profit×100
Current ratio: Current liabilitiesCurrent Assets
Safest ratio is 2:1 or 3:1
Acid Test Ratio (or Quick Ratio): Current LiabilitiesCurrent Assets−Inventory (or Stock)
Safest ratio is 1.5:1