Daily Practice

GCSE Business

15th October 2024

5 questions · GCSE · 503 questions in this band

1
Cash-Flow Problems: Causes, Consequences and Solutions
State one drawback of using an overdraft to solve a cash-flow problem.
2
Cash Versus Profit and the Importance of Working Capital
A business has current assets of 25,000 pounds and current liabilities of 31,000 pounds. Calculate its working capital and state what this suggests.
3
Calculating Gross Profit Margin and Net Profit Margin
Why is it useful to express profit as a percentage of revenue rather than just stating the pound amount of profit?
4
Sources of finance
A business leases a delivery van instead of buying it. Give one advantage of leasing over buying.
5
Break-even analysis
A product sells for 40 pounds and has a variable cost of 15 pounds per unit. Fixed costs are 5,000 pounds. Calculate the break-even output.

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