University:
University of North Carolina at Charlotte
Course:
MBAD 6131 | Management Accounting
Academic year:

2023
Views:

73

Pages:

3
Author:

ilikemyicons0y5

Accounting and Finance for Managers Formula sheet 1. Share premium = Issue price – Par Value 2. Asset= Liability + Equity 3. Gross profit = Sales – Cost of sales. 4. Cost of sales = Opening inventories +Purchase – Closing inventories 5. Straight Line Depreciation Methods = (Cost – Residual value) Number of years 6. Operating Profit Margin = (Operating Profit/Sales)*100 7. Cash operating Cycle = Inventory turnover + Receivable turnover – Payable turnover 8. P/ E ratio = Price / Earning 9. Current Ratio = Current assets Current liabilities 10. Quick ratio or Acid test ratio = Current Assets – inventory Currents liabilities 11. Working capital = Current asset – Current Liability 12. Break Even points = Total Fixed Costs / Contribution per unit 13. Planed Production =Quality sold+ Closing stock–Opening stock 14. A.R.R = Average profit / average Investment Average profit = Total profit / Life of the project Average Investment = (Initial investment – Scrap value)/2 15. Variance= Budgeted less actual. The Hi-low method: Step 1 Select high and low activity levels and their associated costs. Step 2 Variable Cost per unit = Change in Cost / Change in level of activity Step 3 Find fixed cost by Fixed cost = Total cost – (Variable Cost per unit * Number of units) Step 4 Find Total cost of another unit Total cost = Fixed cost + (Variable Cost per unit * Number of units) Note for Tesco plc 1. EPS is calculated at the bottom of Income statement. 2. Tesco Plc held their AGM on 23rd June, 2016. 3. Please find the name of Chairman, Chief executive and Auditor for Tesco Plc. 4. Please check the notes to find the basis of preparation of Tesco Plc’s accounts. 5. See note 1 for depreciation policy used by Tesco Plc. 6. Please find Tesco Plc’s Slogan, purpose and business model and three pillars of the business models. 7. Please calculate different ratios.

Accounting and Finance for Managers Guide

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