Yes, your equation for flux density is correct. It is actually very intuitive. The equation is saying that all of the energy emitted by the light source (each second) is spread out evenly over a sphere of radius 1 m. Therefore, the amount of power arriving per unit area at you (the observer) 1 metre away is just the total power divided by the surface area of this sphere. This is the flux density. The higher the flux of a source, the more light energy arriving in a given area, and the brighter the source will appear. If you go farther away, the sphere becomes larger, meaning that the same amount of energy is spread out over a much larger area, and the amount that you get is less. This is why isotropic sources appear fainter, their brightness diminishing with the inverse square of the distance.
You don't know the units?
You divided something in watts by something in metres^2. What do you think the resulting units are?
As for finding the magnitudes of the E and B fields: you almost certainly have something in your book or notes that gives a relation between the power of an EM wave, and the amplitude of its electric and magnetic fields. It may be helpful to look up the Poynting vector on Wikipedia. Particularly the section on plane waves. Although, this isn't a plane wave...