Daily Practice

GCSE Business

13th January 2019

5 questions · GCSE · 503 questions in this band

1
Calculating Gross Profit Margin and Net Profit Margin
State the formula for net profit margin.
2
Sources of finance
A business leases a delivery van instead of buying it. Give one advantage of leasing over buying.
3
Break-even analysis
On a break-even chart, what does the point where the total cost and total revenue lines cross represent?
4
Cash-flow forecasting
A business forecasts an opening balance of -500 pounds for June, inflows of 4,000 pounds and outflows of 3,200 pounds. Calculate the closing balance.
5
Financial statements: the income statement and statement of financial position
What does the income statement show?

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