Daily Practice

GCSE Business

21st July 2023

5 questions · GCSE · 503 questions in this band

1
Sources of finance
State one advantage of an overdraft as a source of finance.
2
Break-even analysis
State the formula for contribution per unit.
3
Cash-flow forecasting
What is the difference between a cash inflow and a cash outflow?
4
Financial statements: the income statement and statement of financial position
What equation must always balance on a statement of financial position?
5
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.

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