sex18
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#1
hey im currently studying unit 1 but im really stuck on calculations what are the ones we are suppose to know how to do?

Also do we need to know how to actually fill in or create cash flow forecasts and budgets? i know we need to for breakeven.

please help!
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TheNexus
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I am also doing Unit 1, I think all you need to know is the basic calculations like profit and loss, net profit margin. Make sure you know the difference between gross and net profit. There isn't any difficult or complicated calculations in Unit 1. Some of the slightly more difficult calculations take place in Unit 2. When's your exam date?
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sex18
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(Original post by TheNexus)
I am also doing Unit 1, I think all you need to know is the basic calculations like profit and loss, net profit margin. Make sure you know the difference between gross and net profit. There isn't any difficult or complicated calculations in Unit 1. Some of the slightly more difficult calculations take place in Unit 2. When's your exam date?
i dont think any of them come into unit 1. they are part of finance which is in unit 2.
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fhar2248
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ofcourse you need to know calculations - you have two sections to unit 1, starting a business and financing a business. so you need to know break even/contribution/market share/market size/market growth etc
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Iram0105
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what are the formulas for market size and growth?
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krisshP
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(Original post by Iram0105)
what are the formulas for market size and growth?
market size

sales/volume/value of business the firm X 100
--------------------------------------------------

Total sales,volume,value of all business



market growth

difference between old and new market size
----------------------------------------------------- X 100
old market
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Iram0105
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(Original post by krisshP)
market size

sales/volume/value of business the firm X 100
--------------------------------------------------

Total sales,volume,value of all business



market growth

difference between old and new market size
----------------------------------------------------- X 100
old market
so is market share and market size are the same?
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POWW!
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(Original post by Iram0105)
so is market share and market size are the same?
He's wrong about Market size, he stated the formula for Market share.

Market size= Quantity sold x Price
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ydotkhan
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where is the propper revision thread?
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POWW!
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(Original post by ydotkhan)
where is the propper revision thread?
Idk make one
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ydotkhan
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(Original post by POWW!)
Idk make one
FOR BUSINESS UNIT 1 DISCUSSION http://www.thestudentroom.co.uk/show...1#post35765711
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ydotkhan
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http://www.thestudentroom.co.uk/show...1#post35765961
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efffy
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market growth =(previous year
--------------------- X100 ) - 100
recent year
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