Daily Practice
GCSE Business
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3rd October 2016
- 1Sources of finance
A business borrows 5,000 pounds at a simple interest rate of 4% per year, repaid after 2 years. Calculate the total interest paid.
- 2Break-even analysis
A business has a break-even output of 300 units and currently sells 450 units. Calculate its margin of safety.
- 3Cash-flow forecasting
State the formula for net cash flow.
- 4Financial statements: the income statement and statement of financial position
A business has gross profit of 35,000 pounds and expenses of 22,000 pounds. Calculate its net profit.
- 5Analysing financial statements: ratio analysis
Name one limitation of using ratio analysis to judge business performance.
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Any date always gives the same five questions, so a sheet can be set again or shared. All of October 2016, including the monthly compilation PDF.