AQA Business Studies AS
Numerical Revision Sheet
Unit 1 – Planning and Financing a Business
1) Market growth/decline = Increase/decrease in the size of the market x 100
------------------------------------------ Original Market value
Customer numbers and spending at nightclubs, 2007-09
2007
|
2008
|
2009
| |
Sales volume (no. Of customers)
|
2600
|
2200
|
3000
|
Sales value (revenue rec’d)
|
£52000
|
£48400
|
£63000
|
Calculate the percentage decline in both volume and value between 2007 and 2008 (to 1 decimal place).
Calculate the percentage growth in both volume and value between 2008 and 2009 (to 1 decimal place).
1) Market share = Sales of one product/brand/company
----------------------------- x 100
Total sales in the market
----------------------------- x 100
Total sales in the market
Nightclub attendances, 2009
Nightclub
|
No. of customers per week
|
Market share %
|
Ali’s
|
450
| |
Guy and Toni’s
|
750
| |
St. Elmo’s Fire
|
1200
|
40
|
Stephen Fry experience
|
600
|
20
|
All nightclubs
|
Calculate the market share for the other 2 nightclubs. All 4 clubs should equal 100%.
2) Profitability and break even
Formulas needed:
Total revenue = price per unit x quantity of units sold
Profit = total revenue – total cost
Total cost = Fixed cost + Variable cost
Variable cost = Variable cost per unit x quantity produced
Complete the following table for Radfast Ltd.
Fixed costs = £4000 Variable cost = £4 per unit Selling price = £6 per unit
Units of output
|
Total revenue
|
Fixed costs
|
Variable costs
|
Total costs
|
Profit
|
0
| |||||
1000
| |||||
2000
| |||||
3000
| |||||
4000
| |||||
5000
|
3) Break even = Fixed costs
--------------
Contribution per unit (selling price per unit – variable cost per unit)
Using the above data calculate the break-even point.
In the exam you may be asked to change some of the data - for example:
If the selling price increased by 10% what would be the new break-even point?
If the variable costs increased by 15% what would be the new break-even point?
4) Cash-flow
Formulas:
Net cash flow = cash inflow – cash outflow
Closing bank balance = opening cash balance + net cash flow
Complete the cash flow forecast in the table based on the following data.
Sales income is expected to be £36000 in month 1 and £40000 in month 2.
Raw materials will cost 25% of the forecast sales income in each month.
Wages will be £ 10700 each month.
Other costs will be £ 12200 in month 1 and £3800 in month 2.
Month 1
|
Month 2
| |
Opening balance
|
6800
| |
(a) Sales income/total inflows
| ||
Raw materials
| ||
Wages
| ||
Other costs
| ||
(b) Total outflows
| ||
(a-b) Net cash flow
| ||
Closing balance
|
