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Worksheetspick me mc suggit
Total questions: 13
Worksheet time: 8mins
what. happens when a business has no money
de die
they claim bankruptcy 3 times coz they live in America and thats somehow aloud
whats profit
money
hello hows it going this is the right answer or is it look at u losing points coz ya spending time reading this and the worst thing is if your reading this part you've wasted 30 seconds
How do you calculate revenue?
sales x price
price x cost
cost + sales
sales - total price
How do you calculate "total variable cost"?
variable cost per unit
variable cost per unit + expenses
revenue x variable cost per unit
sales x variable cost per unit
How do you calculate "Total Costs"?
fixed costs x sales
sales + variable costs
variable costs + fixed cost
variable cost x fixed cost
If Illuminate Lights Ltd sells 20,000 light bulbs at £2 each, what will their sales revenue be?
£20,000
£40,000
£30,000
£50,000
If Illuminate Lights Ltd has an output of 20,000 light bulbs at a total cost of £30,000, what should the selling price be greater than?
66p
£1.50
£6
75p
How do you calculate Gross Profit Margin?
gross profit / sales (revenue) x 100
gross profit x sales (revenue) / 100
gross profit / sales (revenue) / 100
gross profit x sales (revenue) x 100
How do you calculate Net Profit Margin?
net profit / sales (revenue) x 100
net profit x sales (revenue) / 100
net profit / sales (revenue) / 100
net profit x sales (revenue) x 100
What do profitability ratios show?
What happens to each pound spent by the company
What happens to each pound invested by a shareholder
What happens to each pound spent by a customer
What happens to each pound spent by a competitor
Gross Profit is the fraction of the pound that doesn't go directly towards making a ........
profit
product
revenue
sales
Sensational Sweets Ltd had gross profits of £150,000 and revenue of £200,000. How much of each pound was spent on the product?
15p
25p
35p
45p
hi amber
hi
die
pie
