Daily Practice

GCSE Business

3rd October 2019

5 questions · GCSE · 503 questions in this band

1
Sources of finance
What is crowdfunding?
2
Break-even analysis
A product sells for 40 pounds and has a variable cost of 15 pounds per unit. Fixed costs are 5,000 pounds. Calculate the break-even output.
3
Cash-flow forecasting
A business has an opening balance of 1,000 pounds, inflows of 6,000 pounds and outflows of 5,200 pounds for the month. Calculate its closing balance.
4
Financial statements: the income statement and statement of financial position
State the formula for gross profit.
5
Analysing financial statements: ratio analysis
A business's net profit margin rises from 8% to 11%. Calculate the change in percentage points.

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