Cambridge IGCSE Business Studies practice

Paper 1 structured question: Analysis of accounts

Try the question first, then check the answer and practise the same topic again.

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Paper

Marks

Topic

Analysis of accounts

Exam-style question

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Paper 1Short Answer and Data Response4 marks

A company is analyzing its profitability ratios.

Data Table

a
Explain the significance of a high gross profit margin for the company.
Your answer
Aim for approximately 2 distinct marking points.
[2]
b
Justify the importance of monitoring net profit margin regularly.
Your answer
Aim for approximately 2 distinct marking points.
[2]

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Paper 1Short Answer and Data Response1 marks

Description

The bakery's total revenue for the year was $200,000, and its total expenses were $170,000.

a
State the net profit of the bakery.
Your answer
Aim for approximately 1 distinct marking point.
[1]