Daily Practice

GCSE Business

13th December 2024

5 questions · GCSE · 503 questions in this band

1
Sources of finance
Is retained profit an internal or an external source of finance?
2
Break-even analysis
State the formula for contribution per unit.
3
Cash-flow forecasting
What is the difference between a cash inflow and a cash outflow?
4
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.
5
Analysing financial statements: ratio analysis
A business's gross profit margin falls from 35% to 30%. State whether this is an improvement or a decline.

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