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2.4 Making financial decisions

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Question 2

How is gross profit calculated?

[1]
A

Sales revenue minus cost of sales

B

Sales revenue minus all business expenses

C

Net profit plus the cost of investment

D

Gross profit divided by sales revenue

Markscheme

2.4 Making financial decisions Questions

  1. GCSE
  2. /Business
  3. /2.4 Making financial decisions

37 exam-style questions on Edexcel GCSE Business 2.4 Making financial decisions, covering 2.4.1a Gross and net profit, 2.4.1b Margins and average rate of return, 2.4.2a Using quantitative business data, 2.4.2b Financial information: understanding performance, and 2.4.2c Financial information: making business decisions. Each one has a worked solution and a mark scheme showing where the marks go.

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