Daily Practice

GCSE Business

12th December 2024

5 questions · GCSE · 503 questions in this band

1
Risk and Reward in Business Enterprise
Define risk in the context of enterprise.
2
Why businesses need finance
A start-up needs 6,000 pounds for equipment and 2,000 pounds for its first order of stock. Calculate its total start-up finance requirement.
3
Cash-Flow Problems: Causes, Consequences and Solutions
What is overtrading?
4
Cash Versus Profit and the Importance of Working Capital
Give one example of a current asset and one example of a current liability.
5
Calculating Gross Profit Margin and Net Profit Margin
State the formula for gross profit margin.

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