Daily Practice

GCSE Business

20th August 2016

5 questions · GCSE · 503 questions in this band

1
Calculating Gross Profit Margin and Net Profit Margin
A business has revenue of 25,000 pounds, cost of sales of 15,000 pounds and expenses of 6,000 pounds. Calculate its gross profit margin and net profit margin.
2
Sources of finance
Is retained profit an internal or an external source of finance?
3
Break-even analysis
State the formula for break-even output.
4
Cash-flow forecasting
What becomes the opening balance for April if a business's closing balance for March is 1,300 pounds?
5
Financial 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.

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