Daily Practice

GCSE Business

1st October 2024

5 questions · GCSE · 503 questions in this band

1
Sources of finance
A business borrows 5,000 pounds at a simple interest rate of 4% per year, repaid after 2 years. Calculate the total interest paid.
2
Break-even analysis
State the formula for break-even output.
3
Cash-flow forecasting
What becomes the opening balance for April if a business's closing balance for March is 1,300 pounds?
4
Financial statements: the income statement and statement of financial position
A business has gross profit of 35,000 pounds and expenses of 22,000 pounds. Calculate its net profit.
5
Analysing financial statements: ratio analysis
What does the net profit margin measure?

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