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Revenue, costs, profit and loss

Card 1 of 23

A café has £800 of sales revenue. What must be taken away before calling it profit?

A

Costs must be subtracted.

B

Revenue must be subtracted.

C

Selling price must be subtracted.

D

Quantity sold must be subtracted.

Card 1 of 23

Revenue, costs, profit and loss Flashcards

  1. GCSE
  2. /Business
  3. /Revenue, costs, profit and loss

23 flashcards on OCR GCSE Business Revenue, costs, profit and loss: the key terms, formulae and case studies you need to recall for Business 1 and Business 2.

Flashcards