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ScotlandBusiness ManagementQuick questions
Management of People and Finance
Quick questions on Income statement, profit and technology in finance - SQA National 5 Business Management
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
State how gross profit is calculated. [1 mark]
What is q2?Show answer
A firm has sales of , cost of goods sold of and expenses of . Calculate the profit for the year. [3 marks]
What is q3?Show answer
Calculate the gross profit margin for the firm in Q2. [2 marks]
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