Daily Practice

GCSE Business

12th January 2022

5 questions · GCSE · 503 questions in this band

1
Calculating Gross Profit Margin and Net Profit Margin
A business has revenue of 40,000 pounds and gross profit of 16,000 pounds. Calculate its gross profit margin.
2
Sources of finance
Give one drawback of using retained profit to finance expansion.
3
Break-even analysis
What does the margin of safety measure?
4
Cash-flow forecasting
Why might a business prepare a cash-flow forecast even if it expects to be profitable for the year?
5
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.

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