Daily Practice

GCSE Business

10th May 2019

5 questions · GCSE · 503 questions in this band

1
Sources of finance
A business leases a delivery van instead of buying it. Give one advantage of leasing over buying.
2
Break-even analysis
State the formula for contribution per unit.
3
Cash-flow forecasting
What is the difference between a cash inflow and a cash outflow?
4
Financial statements: the income statement and statement of financial position
What does the income statement show?
5
Analysing financial statements: ratio analysis
A business's gross profit margin falls from 35% to 30%. State whether this is an improvement or a decline.

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