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Edexcel GCSE Business Topic 2.4 Making financial decisions overview quiz quiz

12questions. Pick an answer and you'll see why right away.

  1. Gross profit is calculated as:

  2. A business has revenue of 200000, cost of sales of 120000 and other expenses of 50000. What is its net profit?

  3. The gross profit margin is calculated as:

  4. A business has net profit of 40000 and revenue of 250000. What is its net profit margin?

  5. The first step in calculating the average rate of return (ARR) is to find:

  6. A machine costs 50000 and earns total profit of 75000 over 5 years. What is the ARR?

  7. Which of these is an example of market data a business could use?

  8. A key limitation of financial information is that it:

  9. Why is it useful to use marketing and financial data together when deciding to launch a product?

  10. If a business's net profit margin falls from 12% to 4% over two years, this suggests:

  11. The gap between a business's gross profit margin and net profit margin shows:

  12. An ARR is more attractive when it is: