Financial terms and calculations key terms

variable costs

variable costs is a curriculum-aligned term linked to the learning objective: Distinguish variable costs, fixed costs and total costs..

fixed costs

fixed costs in Costs, revenue, profit and loss means using the idea when QuickFix Repairs, a tourists business considering targeting a new segment with unit contribution of ?9,068 and expected sales of 508 units. For AQA GCSE Business, apply it to Distinguish variable costs, fixed costs and total costs by naming the commercial issue, using evidence such as ?11,968, 37%, or 508 units, and explaining the effect on owner. Keep it separate from internal finance versus external finance so the definition supports evaluation rather than becoming a generic phrase.

revenue

revenue is a curriculum-aligned term linked to the learning objective: Explain revenue, costs, profit and loss..

profit

profit in Costs, revenue, profit and loss means using the idea when EcoWash, a independent retailers business considering launching a new product line with gross profit margin of ?4,660 and expected sales of 340 units. For AQA GCSE Business, apply it to Explain revenue, costs, profit and loss by naming the commercial issue, using evidence such as ?7,560, 26%, or 340 units, and explaining the effect on customers. Keep it separate from gross profit versus net profit so the definition supports evaluation rather than becoming a generic phrase.

investment

investment is a curriculum-aligned term linked to the learning objective: Explain investment projects such as investment in machinery, buildings and vehicles..

machinery

machinery in Average rate of return means using the idea when SolarSprout, a premium buyers business considering expanding online with customer retention of ?8,752 and expected sales of 432 units. For AQA GCSE Business, apply it to Explain investment projects such as investment in machinery, buildings and vehicles by naming the commercial issue, using evidence such as ?11,652, 24%, or 432 units, and explaining the effect on lender. Keep it separate from break-even output versus profit so the definition supports evaluation rather than becoming a generic phrase.

investment

investment is a curriculum-aligned term linked to the learning objective: Calculate average rate of return for business investment projects..

average rate of return

average rate of return in Average rate of return means using the idea when QuickFix Repairs, a tourists business considering targeting a new segment with unit contribution of ?5,169 and expected sales of 389 units. For AQA GCSE Business, apply it to Calculate average rate of return for business investment projects by naming the commercial issue, using evidence such as ?8,069, 24%, or 389 units, and explaining the effect on employees. Keep it separate from stakeholder needs versus shareholder returns so the definition supports evaluation rather than becoming a generic phrase.

break-even output

break-even output is a curriculum-aligned term linked to the learning objective: Explain break-even output..

Explain

Explain in Break-even means using the idea when LocalLoop, a school-leaver customers business considering raising prices with average transaction value of ?5,052 and expected sales of 552 units. For AQA GCSE Business, apply it to Explain break-even output by naming the commercial issue, using evidence such as ?7,952, 9%, or 552 units, and explaining the effect on lender. Keep it separate from break-even output versus profit so the definition supports evaluation rather than becoming a generic phrase.

break-even chart

break-even chart is a curriculum-aligned term linked to the learning objective: Interpret break-even charts..

Interpret

Interpret in Break-even means using the idea when SolarSprout, a premium buyers business considering expanding online with customer retention of ?5,618 and expected sales of 278 units. For AQA GCSE Business, apply it to Interpret break-even charts by naming the commercial issue, using evidence such as ?8,518, 41%, or 278 units, and explaining the effect on owner. Keep it separate from internal finance versus external finance so the definition supports evaluation rather than becoming a generic phrase.

break-even chart

break-even chart is a curriculum-aligned term linked to the learning objective: Identify break-even level of output and margin of safety from a break-even chart..

margin of safety

margin of safety in Break-even means using the idea when BeanBarn, a online shoppers business considering opening a second outlet with break-even output of ?5,776 and expected sales of 256 units. For AQA GCSE Business, apply it to Identify break-even level of output and margin of safety from a break-even chart by naming the commercial issue, using evidence such as ?8,676, 18%, or 256 units, and explaining the effect on marketing manager. Keep it separate from cash flow versus profit so the definition supports evaluation rather than becoming a generic phrase.

evaluate

evaluate is a curriculum-aligned term linked to the learning objective: Evaluate the value of break-even analysis to a business..

value

value in Break-even means using the idea when BrightBake, a price-sensitive families business considering choosing a bank loan with labour productivity of ?8,364 and expected sales of 984 units. For AQA GCSE Business, apply it to Evaluate the value of break-even analysis to a business by naming the commercial issue, using evidence such as ?11,264, 19%, or 984 units, and explaining the effect on shareholders. Keep it separate from market segment versus target market so the definition supports evaluation rather than becoming a generic phrase.