Ten questions on break-even, cash flow and profit margins, sources of finance, liability, business aims and production methods. Challenge yourself with…
10 questions • Zestly
• A bakery has fixed costs of £2,000 per month. Each loaf of bread costs £0.50 to make and sells for £2.50. What is the break-even output per…
• A small design agency has an opening cash balance of £5,000. In July, they expect cash inflows of £12,000 and cash outflows of £14,500…
• A sportswear shop had revenue of £240,000 last year. The cost of the stock it sold was £150,000, and its other operating expenses were…
• A well-established manufacturing firm needs £2,000,000 to build a new factory. Which source of finance is most suitable for this long-term…
• Which of the following best describes the liability of a sole trader?
• Two friends have run a bicycle repair shop for eight months. They price their work so that it barely covers their costs, so that the shop…
• A bespoke furniture maker produces unique items for individual clients. Which production method is most suitable?
• A furniture factory used to check every finished chair at the end of the production line and reject the faulty ones. It now gives each…
Want to prepare for an exam — or set one for someone else?
Create your own exam
See the full breakdown →
