Daily Practice
GCSE Business
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31st December 2015
- 1Cash-flow forecasting
What is the difference between a cash inflow and a cash outflow?
- 2Financial statements: the income statement and statement of financial position
Give one example of an asset and one example of a liability on a statement of financial position.
- 3Analysing financial statements: ratio analysis
A business's gross profit margin falls from 35% to 30%. State whether this is an improvement or a decline.
- 4Capital Expenditure and Revenue Expenditure
What is revenue expenditure?
- 5Choosing the Right Source of Finance for a Business Scenario
A sole trader needs finance but does not want to give up any control of her business. Which source should she avoid, and why?
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Recent GCSE Business sheets
Any date always gives the same five questions, so a sheet can be set again or shared. All of December 2015, including the monthly compilation PDF.