Daily Practice

GCSE Business

10th February 2025

5 questions · GCSE · 503 questions in this band

1
Financial statements: the income statement and statement of financial position
What does the income statement show?
2
Analysing financial statements: ratio analysis
Give one reason a business's net profit margin might fall even if its gross profit margin stays the same.
3
Capital Expenditure and Revenue Expenditure
Is paying the electricity bill capital or revenue expenditure? Explain.
4
Choosing the Right Source of Finance for a Business Scenario
Give one reason a business might prefer leasing equipment rather than buying it outright with a loan.
5
Break-Even: The Effect of Changes in Price, Costs and Output
A business's selling price is 15 pounds and variable cost per unit is 9 pounds. Calculate the contribution per unit.

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