Business Studies Final Exam Revision Grade 12 and 11

_____________ is a financial document that shows a firm's income and expenditure in a particular time period.

• Break-even Analysis

• Balance Sheet

• Statement of financial position

• Statement of Comprehensive Income

________ is equal to sales revenue less cost of sales.

• Operating Profit

• Gross profit

• Dividends

• Financial aid

A business has revenue of US$200,000; cost of sales of US$50,000 and other expenses of US$70,000. What is the value of Operating Profit?

• US$100,000

• US$ 80,000

• US$200,000

• US$50,000

_______ is share of the profit paid to

shareholders in a company.

• Capital

• Dividend

• Inventory

• Costs

Which of the following is a part of the statement of Comprehensive Income?

• non-current Liability

• Current Assets

• Capital Employed

• Cost of sales

What are Current Assets?

• Assets used every day

• Assets like food and paper

• Assets sold quickly within a year

• all is True

Which of the following is an example of a non-current Liability ?

• Trade receivables

• Cash

• Mortgage

• Trade payables

______________ belongs to the shareholders but is not likely to be returned to them while the business is still trading.

• Loan

• Retained profit

• Inventory

• Distributed profit

If revenue = US$400 000 and operating profit = US$100 000, the Operating Profit Margin will be?

• 50 %

• 25 %

• 400%

• 60%

The ROCE ( Return on Capital Employed) is given by which formula?

• Gross profit÷ Revenue x 100

• Operating profit ÷ Capital employed x 100

• Operating profit ÷ Revenue x 100

• fixed cost÷( selling price per unit −varaible cost pre unit)