Daily Practice

GCSE Business

9th May 2023

5 questions · GCSE · 503 questions in this band

1
Sources of finance
Is retained profit an internal or an external source of finance?
2
Break-even analysis
State the formula for break-even output.
3
Cash-flow forecasting
What becomes the opening balance for April if a business's closing balance for March is 1,300 pounds?
4
Financial statements: the income statement and statement of financial position
Give one example of an asset and one example of a liability on a statement of financial position.
5
Analysing financial statements: ratio analysis
What does the net profit margin measure?

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