Daily Practice
GCSE Business
- 1Sources 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.
- 2Break-even analysis
State the formula for contribution per unit.
- 3Cash-flow forecasting
What is the difference between a cash inflow and a cash outflow?
- 4Financial statements: the income statement and statement of financial position
A business has gross profit of 35,000 pounds and expenses of 22,000 pounds. Calculate its net profit.
- 5Analysing financial statements: ratio analysis
A business's gross profit margin falls from 35% to 30%. State whether this is an improvement or a decline.
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