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The big financial link

The big financial link

Formula map linking fixed costs, variable costs, total costs, revenue, break-even, margin of safety, and interest on loans

Every business compares the money coming in with the money going out. Profit happens when revenue is greater than total costs, loss happens when total costs are greater than revenue, and break even happens when they are equal.

Costs, revenue, break even, margin of safety and interest formulae Lesson

  1. GCSE
  2. /Business
  3. /Costs, revenue, break even, margin of safety and interest formulae

Step-by-step lessons covering Edexcel GCSE Business Costs, revenue, break even, margin of safety and interest formulae for GCSE Business. Each lesson works through exam-style questions in Paper 1 and Paper 2 format. Start by mastering business terminology and the functional areas (marketing, finance, operations, HR) before moving on to the extended, evaluation-heavy questions that carry the most marks.

Lessons