Daily Practice

GCSE Business

25th March 2026

5 questions · GCSE · 503 questions in this band

1
Calculating Gross Profit Margin and Net Profit Margin
A business has revenue of 40,000 pounds and gross profit of 16,000 pounds. Calculate its gross profit margin.
2
Sources of finance
Is retained profit an internal or an external source of finance?
3
Break-even analysis
What does the margin of safety measure?
4
Cash-flow forecasting
Why might a business prepare a cash-flow forecast even if it expects to be profitable for the year?
5
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.

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