Daily Practice
GCSE Business
- 1Cash Versus Profit and the Importance of Working Capital
Give one way a business could improve its working capital.
- 2Calculating Gross Profit Margin and Net Profit Margin
State the formula for net profit margin.
- 3Sources of finance
A business leases a delivery van instead of buying it. Give one advantage of leasing over buying.
- 4Break-even analysis
On a break-even chart, what does the point where the total cost and total revenue lines cross represent?
- 5Cash-flow forecasting
A business forecasts an opening balance of -500 pounds for June, inflows of 4,000 pounds and outflows of 3,200 pounds. Calculate the closing balance.
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