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WorksheetsXmas quiz Year 13
Total questions: 12
Worksheet time: 6mins
If the level of output is 500 and the break-even output is 550, What is the Margin of safety?
5
-50
50
500
Net profit = Gross profit - ?
Cost of sales
Expenses
Depreciation
Inventory
This is where consumers can turn if they have an unresolved complaint about the service they have received from a financial services orvider.
Financial Conduct Authority
Financial Ombudsman Service
Bank of England
The Chancellor of the Exchequer
A charitable organisation providing personalised, free, confidential and impartial advice on aa variety of financial and non-financial issues.
Independent Financial Advisers
The Money Advice Service
Price comparison websites
Citizens Advice
This is a type of revenue income.
Loan
Shares
Rent received
Debentures
Which of these is not an example of capital expenditure?
Purchasing a vehicle
Redecorating an office
Wages
Building a factory extension
Which of the following is an external source of finance
Venture capital
Retained profit
The bank of mum and dad
Sale of assets
Which of the following is an internal source of finance
Loans
Debt factoring
net current assets
Donations
Break-even point is were Total revenue = ?
Fixed costs
Variable costs
Total costs
Minimal costs
The formula for the ROCE is:
Net profit before interest and tax divided by ? X 100
Gross profit
Total revenue
Capital employed
Current assets
A business has current assets of £77000 and short-term debts of £56000. It has £22000 of unsold inventory.
What is its current ratio?
1.5:1
1.375:1
2:1
0.9:1
A business has current assets of £77000 and short-term debts of £56000. It has £22000 of unsold inventory.
What is the Liquid Capital Ratio?
0.97:1
0.98:1
0.99:1
1:1
