Card 1 of 24
If revenue is higher than total costs, what financial result does the business make?
A
It makes a loss.
B
It makes a profit.
C
It makes a break-even result.
D
It makes a cash-flow surplus.
Card 1 of 24
Costs, revenue, break even, margin of safety and interest formulae Flashcards
24 flashcards on Edexcel GCSE Business Costs, revenue, break even, margin of safety and interest formulae: the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2.