GCSE AQA Business Finance Flashcard

Front

Which of the following is an example of an internal source of finance? Selling unwanted assets, Issuing new shares, Hire purchase, Loan from family and friends

Back

Selling unwanted assets

Front

Which of the following legal structures could finance expansion by issuing new shares via the stock market? A sole trader, A partnership, A private limited company, A public limited company

Back

A public limited company

Front

Which of the following is another name for an outflow in a cash flow forecast?

Back

Payment

Front

Based on the cash flow information given, the closing balance for April is: £47,726, £52,497, £57,268, £102,774

Back

£57,268

Front

Which of the following would appear in the 'capital employed' section of the statement of financial position? Share capital, Tax due, Revenue, Overdraft

Back

Share capital

Front

An individual or an organisation that owes a business money is called a:

Back

Debtor

Front

Based on the given income statement information, what is the firm's net profit margin?

Back

45%

Front

On an income statement, which of the following is another name for an overhead? Outflow, Receipt, Expense, Payment

Back

Expense

Front

Which of the following is the correct formula to calculate total sales revenue? Selling price per unit x output sold, Total fixed costs + total variable costs, Unit cost x output, Total inflows – total outflows

Back

Selling price per unit x output sold

Front

The horizontal line on the break-even chart which is drawn parallel to the x axis is called the:

Back

Fixed cost line