Daily Practice
GCSE Business
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22nd June 2023
- 1Break-even analysis
A business has a break-even output of 300 units and currently sells 450 units. Calculate its margin of safety.
- 2Cash-flow forecasting
State the formula for net cash flow.
- 3Financial 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.
- 4Analysing financial statements: ratio analysis
Name one limitation of using ratio analysis to judge business performance.
- 5Capital Expenditure and Revenue Expenditure
Is buying a new shop premises capital or revenue expenditure? Explain.
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