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2.4.1 - Business calculations (Part B)

Total questions: 13

Worksheet time: 10mins

Name
Class
Date
1.

Which of the following best describes the main reason why a business might calculate the average rate of return (%) for several proposed long term investments?

a)

To determine the proportion of revenue left after paying cost of sales

b)

To help decide which investment to finance

c)

To determine the proportion of revenue left after paying total costs

d)

To help decide which investment brings in the most revenue

2.

Which of the following is true in relation to average rate of return? The average rate of return measures the:

a)

Average annual revenue as a % of the sum invested

b)

Average annual profit as a % of the sum invested

c)

Average annual costs as a % of the sum invested

d)

Average annual sales turnover as a % of the sum invested

3.

Which of the following is an example of an investment that an expanding independent clothing retailer is most likely to choose to finance?

a)

Buying new office furniture

b)

Purchasing new vehicles

c)

Buying personalised stationery

d)

Opening a new store

4.

Which of the following is the correct formula to calculate average rate of return (%)?

a)

Average annual profit x 100

Cost of investment

b)

Cost of investment x 100

Average annual profit

c)

Total profit x 100

Cost of investment

d)

Cost of investment x 100

Total profit

5.

The expected total profit over 4 years of a £26,000 proposed investment is estimated to be £46,000. Based on this information, which of the following is the correct average rate of return (%) for this investment?

a)

14.13%

b)

44.23%

c)

76.92%

d)

176.92%

6.

Which of the following is true in relation to the average rate of return?

a)

It is always expressed as a percentage

b)

The lower the better

c)

Zero is the ideal rate

d)

It is always expressed in pounds (£s)

7.

The table below shows some financial data for a proposed investment:

Based on the above information, which of the following is the correct the average rate of the return (%) for this investment?

a)

8%

b)

11.11%

c)

12.5%

d)

14.29%

8.

The cost of a proposed investment of a business is £10,000. The estimated total annual profit over 5 years is £20,000. Based on this information, which of the following is the correct average rate of return (%) for this investment?

a)

4%

b)

40%

c)

50%

d)

200%

9.

The average annual profit of a proposed investment is £300,000 and the cost of investment is £1.5 million. Based on this information, which of the following is the correct the average rate of the return (%) for this investment?

a)

5%

b)

16.67%

c)

20%

d)

25%

10.

Which of the following is the correct formula to calculate average annual profit?

a)

Total profit / number of years x 100

b)

Number of years / total profit x 100

c)

Total profit / number of years

d)

Number of years / total profit

11.

A business invests in a new piece of machinery costing £15,000. The average yearly profit expected from this investment is expected to be £5,000 across 5 years. Based on this information, which of the following is the correct average rate of return (%) for this investment?

a)

6.67%

b)

33.33%

c)

60%

d)

75%

12.

Which two of the following of examples of proposed investments?

a)

Buying raw materials

b)

Buying a new computer system

c)

Buying a new vehicle

d)

Buying stock

e)

Buying stationery

13.

Which two of the following are true in relation to the information in the table below?

Proposed investment:

a)

B has a better average rate of return than C

b)

E has a better average rate of return than B

c)

D has a better average rate of return than B

d)

C has a better average rate of return than A

e)

E has a better average rate of return than D