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Business Studies Junior Cycle

Total questions: 7

Worksheet time: 11mins

Name
Class
Date
1.

Which of the following is an example of a cash in-flow for a business?

a)

payment to suppliers

b)

paying back a loan to a bank

c)

payment from debtors

d)

purchase of fixed assets

2.

INAC’s gross profit for July was:

a)

€2,000

b)

€1,500

c)

€500

d)

€2,500

3.

Which of the following is the value of x? ($000)

a)

€2

b)

€4

c)

€6

d)

(€2)

4.

The monthly net cash flow for a business is calculated by:

a)

sales revenue - cost of goods sold

b)

total cash in - total cash out

c)

total cash out - total cash in

d)

total cash in - cost of goods sold

5.
The closing bank balance is calculated by:
a)
opening bank balance + cash out-flow
b)
opening bank balance + cash in-flow
c)
opening bank balance + net cash flow
d)
net cash flow + gross profit
6.

Explain why Businesses prepare Cash Flow Forecasts?

4 lines
7.

Look at the extract from this cash flow forecast and answer the questions that follow:


(a) Do you think this is a good cash flow?

(b) Can you suggest a suitable source of finance for this organisation to help with cash flow?

(c) What percentage of total payments does April represent?

(a)