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2.4 Making financial decisions

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Question 13

A business has sales revenue of £760,000 and gross profit of £310,000. What is its cost of sales?

[1]
A

£310,000

B

£450,000

C

£760,000

D

£1,070,000

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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