Daily Practice

GCSE Business

27th January 2021

5 questions · GCSE · 503 questions in this band

1
Break-even analysis
What does 'break-even' mean?
2
Cash-flow forecasting
State the formula for a month's closing balance.
3
Financial statements: the income statement and statement of financial position
A business has revenue of 50,000 pounds and cost of sales of 21,000 pounds. Calculate its gross profit.
4
Analysing financial statements: ratio analysis
What does the gross profit margin measure?
5
Capital Expenditure and Revenue Expenditure
On which financial statement does capital expenditure appear, and as what?

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