Ten questions on savings products, cash flow, break-even, gross margin, depreciation, the financial statements and choosing a promotional mix. Test your…
10 questions • Zestly
• Sarah needs to save £5,000 for a house deposit in exactly three years. She wants a product that offers a guaranteed interest rate and does…
• Mark has £2,000 to save. He wants to earn interest tax-free and be able to withdraw his money if an emergency arises. Which product is most…
• The Bell Street Café, an invented business, had £1,200 in the bank on 1 March. During March it took £4,500 in and paid £4,800 out. What was…
• A bakery sells cakes for £12 each. The variable cost per cake is £4. Total fixed costs are £2,000 per month. How many cakes must the bakery…
• Halewood Homeware, an invented shop, had revenue of £160,000 last year. Its cost of sales was £120,000 and its other operating expenses…
• Which of the following best describes the purpose of a Statement of Comprehensive Income?
• A business buys a delivery van for £20,000. It expects to use the van for 5 years, after which it will be worth £5,000. Using straight-line…
• A local gym is launching a new yoga class. Market research shows that 70% of their current members are aged 18-25 and 80% of these members…
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