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Northern IrelandBusiness StudiesQuick questions
Unit 2 Finance
Quick questions on Financial statements and profitability ratios - CCEA GCSE Business Studies
3short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
Write the formula for gross profit. [1 mark]
What is q2?Show answer
A business has a net profit of £18,000 and sales revenue of £120,000. Calculate the net profit margin. [2 marks]
What is q3?Show answer
State one difference between the statement of comprehensive income and the statement of financial position. [2 marks]
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