Daily Practice

GCSE Business

2nd October 2022

5 questions · GCSE · 503 questions in this band

1
Sources of finance
Give one advantage and one drawback of trade credit.
2
Break-even analysis
What does 'break-even' mean?
3
Cash-flow forecasting
State the formula for a month's closing balance.
4
Financial statements: the income statement and statement of financial position
State the formula for net profit.
5
Analysing financial statements: ratio analysis
What does the gross profit margin measure?

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