Daily Practice

GCSE Business

21st June 2025

5 questions · GCSE · 503 questions in this band

1
Break-even analysis
On a break-even chart, what does the point where the total cost and total revenue lines cross represent?
2
Cash-flow forecasting
A business forecasts an opening balance of -500 pounds for June, inflows of 4,000 pounds and outflows of 3,200 pounds. Calculate the closing balance.
3
Financial statements: the income statement and statement of financial position
What equation must always balance on a statement of financial position?
4
Analysing financial statements: ratio analysis
Why is comparing a ratio to a previous year usually more useful than looking at the ratio for a single year alone?
5
Capital Expenditure and Revenue Expenditure
Why does the classification of an item as capital or revenue expenditure matter for calculating that year's profit?

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