Daily Practice

GCSE Business

18th August 2024

5 questions · GCSE · 503 questions in this band

1
Calculating Gross Profit Margin and Net Profit Margin
State the formula for net profit margin.
2
Sources of finance
Is retained profit an internal or an external source of finance?
3
Break-even analysis
On a break-even chart, what does the point where the total cost and total revenue lines cross represent?
4
Cash-flow forecasting
A business forecasts an opening balance of -500 pounds for June, inflows of 4,000 pounds and outflows of 3,200 pounds. Calculate the closing balance.
5
Financial statements: the income statement and statement of financial position
Give one example of an asset and one example of a liability on a statement of financial position.

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