A-Level Business Equations
Authored by Erin Gribbon
Business
12th Grade
Used 22+ times
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26 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sales revenue
Profit - Fixed Costs
Sales - Cost of sales
Gross Profit - Expenses
quantity sold x Selling Price
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Current Ratio
Current Assets - stock / Current Liabilities
Current Liabilities / Current Assets
Fixed Assets / Current Assets
Current Asset / Current Liabilities
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
ARR
Average annual profit / Initial capital outlay
Average Annual profit / Initial capital outlay x 100
Profit / Cost x 100
Average annual profit / Cash inflow x 100
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cost of sales
Sales revenue - Cost
Revenue - Gross Profit
Opening stock + Purchases - Closing Stock
Opening Stock - Closing Stock
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Working Capital
Current Assets - Current Liabilities
Current Assets + Current Liabilities
Current Liabilities - Current Assets
Fixed Asset + Current Assets
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Net Profit
Net Profit / Sales x 100
Sales - Cost of sales
Gross profit - Expenses
Gross Profit / Sales x 100
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Price elasticity of demand
%▲QD / %▲P x 100
%▲P / %▲QD
%▲P / %▲QD x 100
%▲QD / %▲P
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