Daily Practice
GCSE Business
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14th December 2021
- 1Sources of finance
State one advantage of an overdraft as a source of finance.
- 2Break-even analysis
State the formula for break-even output.
- 3Cash-flow forecasting
What becomes the opening balance for April if a business's closing balance for March is 1,300 pounds?
- 4Financial statements: the income statement and statement of financial position
What equation must always balance on a statement of financial position?
- 5Analysing financial statements: ratio analysis
What does the net profit margin measure?
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Any date always gives the same five questions, so a sheet can be set again or shared. All of December 2021, including the monthly compilation PDF.