GCSE AQA Business Finance Quiz

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

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

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

• Receipt

• Payment

• Deficit

• Surplus

Based on the cash flow information given, the closing balance for April is:

• £47,726

• £52,497

• £57,268

• £102,774

Which of the following would appear in the 'capital employed' section of the statement of financial position?

• Share capital

• Tax due

• Revenue

• Overdraft

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

• Payable

• Receivable

• Creditor

• Debtor

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

• 62.5%

• 45%

• 37.5%

• 17.5%

On an income statement, which of the following is another name for an overhead?

• Outflow

• Receipt

• Expense

• Payment

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

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

• Fixed cost line

• Variable cost line

• Total cost line

• Total revenue line