Daily Practice

GCSE Business

25th February 2023

5 questions · GCSE · 503 questions in this band

1
Sources of finance
A business borrows 5,000 pounds at a simple interest rate of 4% per year, repaid after 2 years. Calculate the total interest paid.
2
Break-even analysis
What does the margin of safety measure?
3
Cash-flow forecasting
Why might a business prepare a cash-flow forecast even if it expects to be profitable for the year?
4
Financial statements: the income statement and statement of financial position
A business has gross profit of 35,000 pounds and expenses of 22,000 pounds. Calculate its net profit.
5
Analysing financial statements: ratio analysis
Give one reason a business's net profit margin might fall even if its gross profit margin stays the same.

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