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Revenue is determined by the selling price multiplied by the quantity sold."},{"text":"Profit and quantity sold.","correct":false,"explanation":"Profit is calculated only after revenue and costs are known, so it cannot determine revenue. Revenue depends on price and quantity sold."},{"text":"Price and total costs.","correct":false,"explanation":"Total costs affect profit rather than revenue. Revenue is calculated from the selling price and the number of units actually sold."}]},{"id":"fc058fd4-ecc2-447b-b1e4-68f99531e7f3","cardType":"basic","points":2,"front":"Why does a business's revenue not show how much profit it has made?","back":"Revenue is money received before costs; profit is what remains after total costs.","mcqOptions":[{"text":"Revenue is money received before costs; profit is what remains after total costs.","correct":true,"explanation":"Revenue records the income from sales without deducting costs. Profit is found by subtracting total costs from revenue, so revenue alone cannot reveal profit."},{"text":"Revenue is money received after costs; profit is the amount earned before total costs.","correct":false,"explanation":"This reverses the two concepts. Revenue is sales income before costs are deducted, while profit is the amount remaining after subtracting total costs."},{"text":"Revenue is the business’s total costs; profit is the money received from customers.","correct":false,"explanation":"This confuses sales income with expenditure. Revenue is money received from sales, whereas profit is revenue minus the business’s total costs."},{"text":"Revenue is money invested by owners; profit is what remains after sales revenue.","correct":false,"explanation":"Money invested by owners is capital, not revenue. Revenue comes from sales, and profit is the amount left after total costs are deducted."}]},{"id":"6600a9d2-bf15-480b-9ed9-1bf97f749fef","cardType":"basic","points":1,"front":"How can you tell whether a cost is fixed or variable?","back":"Ask whether the cost changes when output changes.","mcqOptions":[{"text":"Ask whether the cost changes when output changes.","correct":true,"explanation":"Variable costs change as output changes, whereas fixed costs remain unchanged within the relevant period and level of business activity."},{"text":"Ask whether the cost changes when selling price changes.","correct":false,"explanation":"A change in selling price does not classify a cost as fixed or variable. The correct test is whether the cost changes when output changes."},{"text":"Ask whether the cost changes when revenue changes.","correct":false,"explanation":"Revenue can change because of price or sales, so it is not the classification test. Costs are classified by their response to changes in output."},{"text":"Ask whether the cost changes when profit changes.","correct":false,"explanation":"Profit is an outcome determined by revenue and costs, not a measure used to classify costs. The relevant question is whether output changes the cost."}]},{"id":"970a4360-bdca-4ec4-bbf8-5a6b426131c4","cardType":"basic","points":1,"front":"Why is rent a fixed cost?","back":"Rent stays the same when output changes.","mcqOptions":[{"text":"Rent stays the same when output changes.","correct":true,"explanation":"Rent is normally charged for premises over a set period and does not rise or fall with the number of units produced."},{"text":"Rent increases whenever output increases.","correct":false,"explanation":"This describes variable behaviour, but normal rent is not charged per unit produced. It remains the same when output changes."},{"text":"Rent falls whenever output increases.","correct":false,"explanation":"Higher output may reduce rent per unit, but it does not reduce the total rent charged. Total rent stays unchanged as output changes."},{"text":"Rent is charged for every unit of output.","correct":false,"explanation":"A cost charged per unit would be variable. Rent is generally charged for using premises and stays the same when output changes."}]},{"id":"b2875a11-738f-4429-93b6-0a4fd068e6da","cardType":"basic","points":2,"front":"Why are raw materials a variable cost?","back":"The cost of raw materials rises and falls directly with output.","mcqOptions":[{"text":"The cost of raw materials rises and falls directly with output.","correct":true,"explanation":"Producing more units normally requires more raw materials, while producing fewer requires less, so the total material cost varies directly with output."},{"text":"The cost of raw materials remains unchanged when output changes.","correct":false,"explanation":"This describes a fixed cost and overlooks that each additional unit normally needs more materials. Raw material costs rise and fall with output."},{"text":"The cost of raw materials falls whenever output rises.","correct":false,"explanation":"Bulk discounts may lower the cost per unit, but greater output still generally requires more materials. Total raw material cost varies directly with output."},{"text":"The cost of raw materials changes only when selling price changes.","correct":false,"explanation":"Selling price affects revenue rather than the quantity of materials required. Raw material costs change because the level of output changes."}]},{"id":"2f50c17b-c0da-4e92-b6d1-32e89e91ed94","cardType":"basic","points":1,"front":"A bakery has fixed costs of £3,000 and variable costs of £2,400. What are its total costs?","back":"£5,400","mcqOptions":[{"text":"£5,400","correct":true,"explanation":"Total costs equal fixed costs plus variable costs. Adding £3,000 and £2,400 gives total costs of £5,400."},{"text":"£600","correct":false,"explanation":"Subtracting variable costs from fixed costs produces £600, but total costs require addition. £3,000 plus £2,400 equals £5,400."},{"text":"£7,200,000","correct":false,"explanation":"Multiplying the two cost figures is not part of the total cost formula. Fixed and variable costs must be added, giving £5,400."},{"text":"£5,040","correct":false,"explanation":"This results from misaligning the place values when adding £3,000 and £2,400. Correct addition gives total costs of £5,400."}]},{"id":"8e692ffc-02a1-4817-b641-3be4265650db","cardType":"cloze","points":null,"front":"Total costs equal [ ].","back":"Total costs equal fixed costs + variable costs.","mcqOptions":[{"text":"fixed costs + variable costs","correct":true,"explanation":"A business’s total costs consist of all fixed costs and all variable costs, so the two categories must be added together."},{"text":"fixed costs - variable costs","correct":false,"explanation":"Subtracting variable costs does not capture all expenditure. Total costs are found by adding fixed costs and variable costs together."},{"text":"fixed costs × variable costs","correct":false,"explanation":"Costs are combined by addition, not multiplication. The correct formula is fixed costs plus variable costs because both are parts of total expenditure."},{"text":"revenue - total costs","correct":false,"explanation":"Revenue minus total costs calculates profit, not total costs. Total costs are calculated by adding fixed costs and variable costs."}]},{"id":"5c1eb9f1-c14c-464b-aea4-d22b7e4597fb","cardType":"basic","points":2,"front":"What does a negative profit calculation mean?","back":"The business has made a loss because total costs exceed revenue.","mcqOptions":[{"text":"The business has made a loss because total costs exceed revenue.","correct":true,"explanation":"Profit equals revenue minus total costs. When total costs are greater than revenue, the result is negative and the business has made a loss."},{"text":"The business has made a profit because total costs exceed revenue.","correct":false,"explanation":"A business cannot make a profit when its costs exceed its revenue. The negative result represents a loss equal to the shortfall."},{"text":"The business has reached break-even because total costs exceed revenue.","correct":false,"explanation":"Break-even occurs only when revenue exactly equals total costs. If total costs exceed revenue, the business has made a loss."},{"text":"The business has increased its revenue because total costs exceed revenue.","correct":false,"explanation":"Comparing revenue with costs determines profit or loss; it does not show that revenue increased. Costs exceeding revenue means the business made a loss."}]},{"id":"31f62172-ab5b-43b4-a1a5-7e0711526930","cardType":"basic","points":1,"front":"A business has revenue of £2,700 and total costs of £3,720. What loss has it made?","back":"£1,020 loss","mcqOptions":[{"text":"£1,020 loss","correct":true,"explanation":"The loss is the amount by which total costs exceed revenue. Subtracting £2,700 from £3,720 gives a loss of £1,020."},{"text":"£1,020 profit","correct":false,"explanation":"The numerical difference is correct, but its sign has been interpreted incorrectly. Since costs exceed revenue by £1,020, the result is a loss."},{"text":"£6,420 loss","correct":false,"explanation":"Adding revenue and total costs does not calculate a loss. The loss is their difference: £3,720 minus £2,700 equals £1,020."},{"text":"£1,120 loss","correct":false,"explanation":"This comes from a subtraction error in the hundreds column. Correctly subtracting £2,700 from £3,720 gives a loss of £1,020."}]},{"id":"5874d7d6-bb34-4f0c-aa01-8bc767e58ca7","cardType":"cloze","points":null,"front":"Profit is calculated as [ ].","back":"Profit is calculated as revenue - total costs.","mcqOptions":[{"text":"revenue - total costs","correct":true,"explanation":"Profit is the surplus remaining after every fixed and variable cost has been deducted from the revenue earned by the business."},{"text":"revenue + total costs","correct":false,"explanation":"Adding costs to revenue combines income and expenditure rather than finding the surplus. Profit is calculated as revenue minus total costs."},{"text":"total costs - revenue","correct":false,"explanation":"This reverses the subtraction and gives the size of a loss when costs exceed revenue. Profit is revenue minus total costs."},{"text":"revenue - variable costs","correct":false,"explanation":"Deducting only variable costs ignores fixed costs and therefore overstates profit. All total costs must be subtracted from revenue."}]},{"id":"d4213a7a-b310-4271-a013-b9b8e6d587ca","cardType":"basic","points":2,"front":"Why must total profit over an investment's life be divided by the number of years?","back":"To find the investment's average annual profit.","mcqOptions":[{"text":"To find the investment's average annual profit.","correct":true,"explanation":"Dividing total profit by the investment’s lifespan spreads that profit evenly across the years, producing the average profit earned per year."},{"text":"To find the investment’s total annual revenue.","correct":false,"explanation":"Profit cannot be converted into revenue by dividing it by time. Dividing total profit by the number of years finds average annual profit."},{"text":"To find the investment’s average total cost.","correct":false,"explanation":"The calculation uses total profit, not cost data, so it cannot produce average total cost. It gives the investment’s average annual profit."},{"text":"To find the investment’s annual payback period.","correct":false,"explanation":"Payback measures how long cash inflows take to recover the initial investment. Dividing total profit by years instead calculates average annual profit."}]},{"id":"f61cce7e-36fe-43ff-8c51-eeeead8021fe","cardType":"cloze","points":null,"front":"Average annual profit equals total profit over the investment's life divided by the [ ].","back":"Average annual profit equals total profit over the investment's life divided by the number of years.","mcqOptions":[{"text":"number of years","correct":true,"explanation":"Dividing the total profit earned over an investment’s life by its number of years gives the profit attributable to an average year."},{"text":"cost of investment","correct":false,"explanation":"Dividing average annual profit by investment cost is part of calculating average rate of return. Average annual profit uses the number of years."},{"text":"total revenue","correct":false,"explanation":"Total revenue is not the time period over which profit must be averaged. Total profit is divided by the investment’s number of years."},{"text":"average annual profit","correct":false,"explanation":"Using average annual profit as the divisor would be circular because it is the figure being calculated. The required divisor is the number of years."}]},{"id":"7fbccb14-d76b-401c-86bc-1619527c8b46","cardType":"basic","points":1,"front":"A £50,000 machine earns £8,000 average annual profit. What is its average rate of return?","back":"16%","mcqOptions":[{"text":"16%","correct":true,"explanation":"Average rate of return is £8,000 divided by £50,000, multiplied by 100. The resulting decimal, 0.16, is 16%."},{"text":"6.25%","correct":false,"explanation":"This comes from reversing the division and then treating 6.25 as a percentage. Dividing £8,000 by £50,000 and multiplying by 100 gives 16%."},{"text":"0.16%","correct":false,"explanation":"The division produces 0.16, but this decimal must be multiplied by 100 to express it as a percentage. The correct return is 16%."},{"text":"625%","correct":false,"explanation":"This reverses the required division, using investment cost divided by annual profit, then converts it to a percentage. The correct calculation gives 16%."}]},{"id":"892d295f-7acf-4bbf-bd0f-790426a03bcd","cardType":"cloze","points":null,"front":"Average rate of return equals average annual profit divided by the [ ], multiplied by 100.","back":"Average rate of return equals average annual profit divided by the cost of investment, multiplied by 100.","mcqOptions":[{"text":"cost of investment","correct":true,"explanation":"Average rate of return compares the average profit earned each year with the amount initially invested, then expresses that ratio as a percentage."},{"text":"number of years","correct":false,"explanation":"Dividing total profit by the number of years calculates average annual profit. Average rate of return divides that annual profit by the investment cost."},{"text":"total profit","correct":false,"explanation":"Total profit is used to derive average annual profit, but it is not the denominator in average rate of return. Investment cost is the denominator."},{"text":"annual revenue","correct":false,"explanation":"Revenue does not account for costs and therefore cannot measure the investment’s return. Average annual profit is divided by the cost of investment."}]},{"id":"60a9a5c0-e497-415a-b217-91d4115f02bd","cardType":"basic","points":2,"front":"Why can average rate of return compare investments of different sizes fairly?","back":"It expresses return as a percentage of the investment cost.","mcqOptions":[{"text":"It expresses return as a percentage of the investment cost.","correct":true,"explanation":"Converting annual profit into a percentage of investment cost adjusts for different initial outlays, allowing proportionate returns to be compared fairly."},{"text":"It expresses return as a percentage of the annual revenue.","correct":false,"explanation":"Average rate of return does not use annual revenue as its denominator. It compares average annual profit with investment cost, adjusting for project size."},{"text":"It expresses return as a percentage of the total profit.","correct":false,"explanation":"Total profit does not represent the project’s size and is not the denominator used. Return is expressed as a percentage of investment cost."},{"text":"It expresses return as a percentage of the investment’s life.","correct":false,"explanation":"An investment’s lifespan is measured in years, not money, so this would not create a meaningful return percentage. Investment cost is used instead."}]},{"id":"6d9ec58d-fd0e-484c-a4a0-25a5078aa05c","cardType":"basic","points":3,"front":"Give two reasons a business might choose a project with a lower average rate of return.","back":"

Lower risk if the higher return is uncertain.
Less cash tied up in the investment.

","mcqOptions":[{"text":"

Lower risk if the higher return is uncertain.
Less cash tied up in the investment.

","correct":true,"explanation":"A lower projected return may be worthwhile when it is more dependable or requires less funding, reducing risk and preserving cash for other business needs."},{"text":"

Higher risk if the lower return is uncertain.
More cash tied up in the investment.

","correct":false,"explanation":"Higher risk and a greater cash commitment are disadvantages, not reasons to prefer a lower return. Lower risk and less cash tied up could justify the choice."},{"text":"

Guaranteed higher profit from the lower percentage return.
No financial risk because its return is lower.

","correct":false,"explanation":"A lower percentage neither guarantees higher profit nor removes financial risk. A business might instead accept it because risk is genuinely lower or less cash is required."},{"text":"

Higher investment cost automatically makes it affordable.
Longer payback always improves cash flow.

","correct":false,"explanation":"A higher cost reduces affordability, while a longer payback usually puts greater pressure on cash flow. Lower risk or a smaller cash commitment are valid reasons."}]},{"id":"695f849a-0f3a-45a1-8c81-401a6bb85801","cardType":"cloze","points":null,"front":"At break-even output, total revenue exactly equals [ ].","back":"At break-even output, total revenue exactly equals total costs.","mcqOptions":[{"text":"total costs","correct":true,"explanation":"At the break-even point, the revenue earned is exactly enough to cover all costs, so total revenue equals total costs and the business makes neither a profit nor a loss."},{"text":"total revenue","correct":false,"explanation":"This repeats the quantity already shown on the left side of the equation. The missing term is total costs, because break-even occurs when income exactly covers every business cost."},{"text":"fixed costs","correct":false,"explanation":"Fixed costs are only one part of the costs a business incurs. The correct term is total costs, which includes both fixed costs and variable costs at the break-even output."},{"text":"variable costs","correct":false,"explanation":"Variable costs change with output but do not represent all business costs. The correct term is total costs, since break-even requires revenue to cover fixed and variable costs together."}]},{"id":"d311a560-9601-4431-b1db-b57553d6b0ef","cardType":"basic","points":2,"front":"What happens when a business operates below its break-even output?","back":"It makes a loss because total costs exceed total revenue.","mcqOptions":[{"text":"It makes a loss because total costs exceed total revenue.","correct":true,"explanation":"Below break-even output, the revenue earned is insufficient to cover the business’s total costs. The difference between higher costs and lower revenue is a loss."},{"text":"It makes a profit because total revenue exceeds total costs.","correct":false,"explanation":"This reverses the relationship below break-even. At that output, total costs exceed total revenue, so the correct result is a loss rather than a profit."},{"text":"It breaks even because total revenue equals total costs.","correct":false,"explanation":"Breaking even happens only at the specific output where revenue equals costs. Below that output, total costs remain greater, so the business makes a loss."},{"text":"It makes no sales because total costs exceed total revenue.","correct":false,"explanation":"Operating below break-even does not mean that sales stop; it means sales revenue is too low to cover total costs. The correct outcome is a loss."}]},{"id":"16663e13-2d58-4149-84f3-ce4cc547bc0e","cardType":"basic","points":2,"front":"Why does the total cost line start above the origin on a break-even chart?","back":"It starts at the level of fixed costs, which exist even at zero output.","mcqOptions":[{"text":"It starts at the level of fixed costs, which exist even at zero output.","correct":true,"explanation":"Fixed costs such as rent must be paid even when nothing is produced. Therefore, total costs are already above zero at zero output and the line begins at fixed costs."},{"text":"It starts at the level of variable costs, which rise with output.","correct":false,"explanation":"Variable costs are zero when output is zero and increase as production rises. The line starts above the origin because fixed costs exist even with no output."},{"text":"It starts at the level of total revenue, which is zero at zero output.","correct":false,"explanation":"Total revenue is represented by a separate line and is normally zero at zero sales. The total cost line starts above the origin because fixed costs are payable immediately."},{"text":"It starts at the level of profit, which exists before production begins.","correct":false,"explanation":"Profit is not earned automatically before production and sales; it depends on revenue exceeding costs. The initial height of the cost line represents fixed costs."}]},{"id":"3483250b-d6cb-44d4-b38e-7e27e4afb80b","cardType":"basic","points":1,"front":"Which two lines cross at the break-even point?","back":"The total revenue line and the total cost line.","mcqOptions":[{"text":"The total revenue line and the total cost line.","correct":true,"explanation":"Break-even is the point where the money received from sales equals the total cost of production. On the chart, this is where the total revenue and total cost lines intersect."},{"text":"The fixed cost line and the variable cost line.","correct":false,"explanation":"These are components of total cost, not the lines that identify break-even. The correct crossing is between total revenue and total cost, where profit is zero."},{"text":"The profit line and the total cost line.","correct":false,"explanation":"Profit is calculated from revenue and costs rather than being the standard line used to locate break-even. Break-even occurs where the total revenue and total cost lines cross."},{"text":"The sales volume line and the fixed cost line.","correct":false,"explanation":"Sales volume is normally shown on the horizontal axis, while fixed costs form only part of total costs. The break-even point is where total revenue meets total cost."}]},{"id":"f72608bc-2256-4a75-8590-a39d5de925ad","cardType":"basic","points":1,"front":"A business has actual output of 65 bikes and break-even output of 40 bikes. What is its margin of safety?","back":"25 bikes","mcqOptions":[{"text":"25 bikes","correct":true,"explanation":"Margin of safety is calculated by subtracting break-even output from actual output: 65 bikes - 40 bikes = 25 bikes. This is the output that can be lost before losses begin."},{"text":"105 bikes","correct":false,"explanation":"This adds the two output figures instead of finding the amount above break-even. Subtracting 40 bikes from 65 bikes gives the correct margin of safety of 25 bikes."},{"text":"40 bikes","correct":false,"explanation":"This uses the break-even output alone and ignores the actual output. The margin of safety is the difference between them, so 65 - 40 gives 25 bikes."},{"text":"65 bikes","correct":false,"explanation":"This copies the actual output rather than calculating the buffer above break-even. The correct calculation is 65 bikes - 40 bikes, giving a margin of safety of 25 bikes."}]},{"id":"7caf58e1-da40-4534-aa29-9cfb27177005","cardType":"cloze","points":null,"front":"Margin of safety equals [ ].","back":"Margin of safety equals actual output - break-even output.","mcqOptions":[{"text":"actual output - break-even output","correct":true,"explanation":"Margin of safety measures how far actual output is above the break-even level. Subtracting break-even output from actual output gives the number of units that can be lost before a loss occurs."},{"text":"break-even output - actual output","correct":false,"explanation":"Reversing the subtraction produces a negative figure when the business is operating above break-even. The correct formula is actual output - break-even output, which measures the positive safety buffer."},{"text":"actual output + break-even output","correct":false,"explanation":"Adding the two figures combines output levels rather than measuring the gap between them. The correct formula subtracts break-even output from actual output to find the buffer."},{"text":"actual output ÷ break-even output","correct":false,"explanation":"Division compares the two output levels as a ratio, but margin of safety is the number of units above break-even. The correct calculation uses subtraction."}]},{"id":"d3d6689e-5ec0-480e-a9f8-348817c9426a","cardType":"basic","points":2,"front":"Why does a large margin of safety make a business less risky?","back":"It can absorb a fall in demand before making a loss.","mcqOptions":[{"text":"It can absorb a fall in demand before making a loss.","correct":true,"explanation":"A large margin of safety means actual output is well above break-even output. Demand can therefore fall by more units before revenue drops below total costs and losses begin."},{"text":"It can absorb a rise in costs without changing its break-even point.","correct":false,"explanation":"A margin of safety concerns the output buffer above break-even, especially when demand falls. A rise in costs can increase break-even output and reduce that safety margin."},{"text":"It can absorb a fall in selling price without reducing its costs.","correct":false,"explanation":"A lower selling price reduces revenue per unit and may increase the break-even output. The relevant protection provided by a large margin of safety is against a fall in demand."},{"text":"It can absorb a rise in output before making a loss.","correct":false,"explanation":"A rise in output normally creates more revenue and is not the threat measured by margin of safety. The margin shows how much demand or output can fall before losses occur."}]},{"id":"80ee1d66-07b1-484a-891c-6eaf1722e021","cardType":"basic","points":2,"front":"What happens to break-even output when fixed costs rise?","back":"Break-even output increases because the total cost line is higher.","mcqOptions":[{"text":"Break-even output increases because the total cost line is higher.","correct":true,"explanation":"Higher fixed costs raise total costs at every output level. More units must then be sold for total revenue to catch up with total costs, so break-even output increases."},{"text":"Break-even output decreases because the total cost line is higher.","correct":false,"explanation":"A higher total cost line takes longer to meet the total revenue line, not less time. Therefore, increased fixed costs make the break-even output increase."},{"text":"Break-even output stays the same because fixed costs do not affect sales.","correct":false,"explanation":"Although fixed costs do not change with output, they still increase the total amount that revenue must cover. This shifts break-even to a higher output."},{"text":"Break-even output increases because variable costs fall.","correct":false,"explanation":"The direction of the break-even change is correct, but the stated reason is wrong: rising fixed costs cause it. Variable costs do not fall as a result of fixed costs rising."}]},{"id":"b4817f94-db18-482c-9e83-e96b164233ef","cardType":"basic","points":2,"front":"Why might break-even analysis give an over-optimistic result?","back":"It assumes everything made is sold, which may not happen.","mcqOptions":[{"text":"It assumes everything made is sold, which may not happen.","correct":true,"explanation":"Break-even analysis commonly treats units produced as units sold. If some goods remain unsold, the business receives less revenue than predicted, making the calculated result over-optimistic."},{"text":"It assumes nothing made is sold, which may not happen.","correct":false,"explanation":"Assuming no units are sold would make the forecast pessimistic, not over-optimistic. The usual problem is assuming every unit produced is sold."},{"text":"It assumes all costs are fixed, which may not happen.","correct":false,"explanation":"Break-even analysis recognises both fixed and variable costs. Its over-optimism can come from assuming all output is sold, rather than incorrectly treating every cost as fixed."},{"text":"It assumes selling prices always fall, which may not happen.","correct":false,"explanation":"The standard model usually assumes a constant selling price, not that prices always fall. Its result may be too positive because it assumes all produced goods are sold."}]},{"id":"5e993bad-4205-4463-89a2-6ca9aa52b64e","cardType":"cloze","points":null,"front":"Break-even analysis assumes the business charges [ ].","back":"Break-even analysis assumes the business charges one selling price.","mcqOptions":[{"text":"one selling price","correct":true,"explanation":"The model assumes each unit is sold at the same price, so total revenue rises consistently with output. Changes in price would alter the revenue line and the break-even point."},{"text":"one total cost","correct":false,"explanation":"The business has total costs at each output level, but the assumption concerns the price charged per unit. Break-even analysis assumes one selling price for the goods or services."},{"text":"one level of output","correct":false,"explanation":"The purpose of the analysis is to compare costs and revenue across different output levels. Its pricing assumption is one selling price, not a single output level."},{"text":"one fixed cost","correct":false,"explanation":"A business may have several fixed costs, such as rent and salaries. The relevant assumption is that it charges one selling price per unit."}]}]}],"examCountdown":{"examDate":"2027-05-12","paperLabel":"Paper 1"},"heading":"6.3 Financial terms and calculations","title":"6.3 Financial terms and calculations Flashcards","topbar":{"backHref":"/gcse/business/aqa/flashcards"},"topicSidebar":"$L38"}]}],"topicId":"a745ceb4-cdf8-59d1-b4ec-e60d1e694172","walled":"$L39"}],"$L3a","$L3b"]