9-1 GCSE Business (AQA) - Finance Question and answers rated A+ 2024
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Course
AQA GCSE
Institution
AQA GCSE
9-1 GCSE Business (AQA) - Finance Question and answers rated A+ 2024 Asset - correct answer Something the business owns; it has a value.
Average rate of return - correct answer The average profit for the year as a percentage of the original investment. Average rate or return = average return...
9-1 GCSE Business (AQA) - Finance
Asset - correct answer ✔Something the business owns; it has a value.
Average rate of return - correct answer ✔The average profit for the year as a
percentage of the original investment. Average rate or return = average return
per annum / initial 100
Break-even chart - correct answer ✔A diagrammatic representation of the
costs and revenue for a product; it plots total costs against total sales
revenue, showing the break-even point where they cross.
Break-even output - correct answer ✔The point at which the business' total
sales equals the total costs. There is neither profit nor loss.
Cash - correct answer ✔Money that the business has in cash or at the bank.
Cash flow forecast - correct answer ✔A financial planning tool that estimates
the money coming into and going out of the business on a month-by-month
basis; it allows the business to predict times when additional finance may be
needed to maintain liquidity.
Cash inflow - correct answer ✔Money received by the business from its
operations or investments.
Cash outflow - correct answer ✔Money paid out by the business to fund its
operations or investment activities.
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