Daily Practice

GCSE Business

23rd April 2025

5 questions · GCSE · 503 questions in this band

1
Cash Versus Profit and the Importance of Working Capital
Why is cash considered more liquid than stock, even though both can be current assets?
2
Calculating Gross Profit Margin and Net Profit Margin
A business has revenue of 25,000 pounds, cost of sales of 15,000 pounds and expenses of 6,000 pounds. Calculate its gross profit margin and net profit margin.
3
Sources of finance
Give one advantage and one drawback of trade credit.
4
Break-even analysis
State the formula for break-even output.
5
Cash-flow forecasting
What becomes the opening balance for April if a business's closing balance for March is 1,300 pounds?

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