Daily Practice
GCSE Business
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4th August 2024
- 1Cash-flow forecasting
State the formula for net cash flow.
- 2Financial statements: the income statement and statement of financial position
A business has revenue of 50,000 pounds and cost of sales of 21,000 pounds. Calculate its gross profit.
- 3Analysing financial statements: ratio analysis
Name one limitation of using ratio analysis to judge business performance.
- 4Capital Expenditure and Revenue Expenditure
Is buying a new shop premises capital or revenue expenditure? Explain.
- 5Choosing the Right Source of Finance for a Business Scenario
Why might a business choose an overdraft rather than a bank loan for a short-term cash-flow gap?
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