Daily Practice

GCSE Business

19th July 2024

5 questions · GCSE · 503 questions in this band

1
Risk and Reward in Business Enterprise
Give one method an entrepreneur can use to reduce, not remove, the risk of a new venture.
2
Why businesses need finance
What is the difference between start-up capital and working capital?
3
Cash-Flow Problems: Causes, Consequences and Solutions
Give one solution a business could use if late-paying customers are causing its cash-flow problem.
4
Cash Versus Profit and the Importance of Working Capital
State the formula for working capital.
5
Calculating Gross Profit Margin and Net Profit Margin
A business has revenue of 40,000 pounds and gross profit of 16,000 pounds. Calculate its gross profit margin.

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