Daily Practice

GCSE Business

9th May 2020

5 questions · GCSE · 503 questions in this band

1
Sources of finance
State one advantage of an overdraft as a source of finance.
2
Break-even analysis
What does the margin of safety measure?
3
Cash-flow forecasting
Why might a business prepare a cash-flow forecast even if it expects to be profitable for the year?
4
Financial statements: the income statement and statement of financial position
What equation must always balance on a statement of financial position?
5
Analysing financial statements: ratio analysis
Give one reason a business's net profit margin might fall even if its gross profit margin stays the same.

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