Daily Practice

GCSE Business

25th January 2025

5 questions · GCSE · 503 questions in this band

1
Why businesses need finance
State one reason an established business, not a start-up, might need finance.
2
Cash-Flow Problems: Causes, Consequences and Solutions
State one drawback of using an overdraft to solve a cash-flow problem.
3
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.
4
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?
5
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.

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