Daily Practice

GCSE Business

25th February 2024

5 questions · GCSE · 503 questions in this band

1
Sources of finance
A business leases a delivery van instead of buying it. Give one advantage of leasing over buying.
2
Break-even analysis
What does 'break-even' mean?
3
Cash-flow forecasting
State the formula for a month's closing balance.
4
Financial statements: the income statement and statement of financial position
What does the income statement show?
5
Analysing financial statements: ratio analysis
What does the gross profit margin measure?

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