Business UP

Qhawe has R500 to start a new business. If he spends R600 on resources and stock he will be ...

• In Debt

• Wealthy

Sabrina has a credit card she uses for her business. She purchased supplies for R400 and stationery for R250. What is the balance owing on her card?

• R550

• R600

• R650

• R900

Mikhaeel really wants a new car. This is a ___________ need.

Terrence started a small coffee tuk tuk. He has to pay his Barista R500 a day. They sell R1000 worth of coffee each day. What is his profit?

• R50

• R1500

• R500

Shane has two phones he has fixed. He needs some new software that his cousin has. He offers his cousin one phone in exchange for the software. What business skill is Shane using:

• Borrowing

• Bartering

Khotso needs some new supplies for his painting business. He needs to write up a ___________________ to see how much he can afford.

James sends out an invoice to his clients for sports training. They pay him after they receive it. This is a ___________.

• transaction

• trade

• train station

Lee has just received an increase in his salary. This means he is earning a higher ___________.

• insurance policy

• income

• interesting information