Which of the following is an example of capital expenditure?  

Which one of the following sources of finance requires the payment of interest?

Which of the following is an internal source of finance? 

The rent that a hair stylist has to pay for their salon is considered a __?

Total variable costs in a restaurant will __ ; when the sales quantity increases.

Elena’s business sells candles for $20 each.

When Elena’s output is at 150, her fixed costs are $800.

Therefore, if her output is 300, her fixed costs will be $ __?

A disadvantage of a bank loan as a source of finance is that interest repayments must be made even if the business is making a loss.

What is the formula to calculate to Total Revenue?

Which external source of finance enables a business customer to purchase and obtain goods and services but to pay for these at a later date.

TRUE OR FALSE?

Packaging costs can be classified as a fixed cost of production.

Which Key Term?

Costs that are clearly associated with the output or sale of a certain good, service or business operation, e.g., raw materials.

Which key term?

The different sources of revenue (or income) for a business, e.g., revenue from sponsorship deals, merchandise sales, membership fees and royalties.

What is retained profit?