Daily Practice

GCSE Business

29th December 2022

5 questions · GCSE · 503 questions in this band

1
Cash-flow forecasting
What is the difference between a cash inflow and a cash outflow?
2
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.
3
Analysing financial statements: ratio analysis
A business's gross profit margin falls from 35% to 30%. State whether this is an improvement or a decline.
4
Capital Expenditure and Revenue Expenditure
What is revenue expenditure?
5
Choosing the Right Source of Finance for a Business Scenario
A sole trader needs finance but does not want to give up any control of her business. Which source should she avoid, and why?

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