Daily Practice

GCSE Business

27th March 2018

5 questions · GCSE · 503 questions in this band

1
Calculating Gross Profit Margin and Net Profit Margin
State the formula for gross 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 contribution per unit.
4
Cash-flow forecasting
What is the difference between a cash inflow and a cash outflow?
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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