Daily Practice

GCSE Business

6th July 2024

5 questions · GCSE · 503 questions in this band

1
Financial statements: the income statement and statement of financial position
What equation must always balance on a statement of financial position?
2
Analysing financial statements: ratio analysis
A business's net profit margin rises from 8% to 11%. Calculate the change in percentage points.
3
Capital Expenditure and Revenue Expenditure
A business buys office furniture for 3,200 pounds and pays 1,800 pounds in staff wages in the same month. Calculate its total capital expenditure for the month.
4
Choosing the Right Source of Finance for a Business Scenario
Why might a lender be unwilling to give a large, unsecured loan to a brand-new business with no trading history?
5
Break-Even: The Effect of Changes in Price, Costs and Output
If fixed costs rise but the contribution per unit stays the same, what happens to the break-even output?

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