Business calculation quiz
Authored by Conor Sutton
Business
10th - 12th Grade
Used 15+ times
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22 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Cash inflows = £50,000
Cash outflows = £20,000
Opening balance £5,000
Net cash flow = ???
£35,000
£70,000
£25,000
£30,000
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Cash inflows = £80,000
Cash outflows = £70,000
Opening balance £25,000
Net cash flow = ???
£105,000
£10,000
£150,000
£35,000
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
September cash flows:
Cash inflows = £20,000
Cash outflows = £10,000
Opening balance £10,000
Closing balance = ???
£10,000
£30,000
£20,000
£40,000
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
October cash flows:
Cash inflows = £40,000
Cash outflows = £30,000
Net cash flows = £10,000
Opening balance £5,000
Closing balance = £15,000
November opening balance = ???
£20,000
£40,000
£10,000
£15,000
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Units sold = 300
Fixed costs = £5,000
Variable costs per unit = £2.00
Total costs = ???
£4400
£5600
£5300
£5002
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Units sold = 500
Price per unit = £3.00
Variable costs per unit = £1.00
Fixed costs = £500
Total sales revenue = ???
£3500
£500
£1000
£1500
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Units sold = 500
Price per unit = £3.00
Variable costs per unit = £1.00
Fixed costs = £500
Total variable costs = ???
£500
£1000
£1500
£2000
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