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Business Studies
A Level

Define the term 'added value'.

Added value is the difference between the costs of purchasing raw materials and the price the finished goods are sold at. Value is added to a good at each stage of production from raw material to the fini...

Answered by Hadiqa Z. Business Studies tutor
10577 Views

Evaluate the various methods of financing business

In order to answer this question, it is worth laying out the different methods of financing a business. These can be short term (overdraft, trade credit, factoring) or long term (share capital, loans from...

Answered by Harry C. Business Studies tutor
2650 Views

What is profit and loss? (Including worked question)

In order to understand profit and loss you first need to understand what makes them.Profit / Loss = Total Revenue - Total CostsOnce again you need to question what makes up Total Revenue ...

Answered by Megan J. Business Studies tutor
5102 Views

What is break even and why is it used?

Break even is the point in which total revenue and total costs ( fixed and variable) are the same. At this point no loss or profit is made, the company ' breaks even'. 

It is used by mana...

Answered by Emily P. Business Studies tutor
2039 Views

What is cash flow?

Cash flow describes the movement of cash into and out of a business. The cash INFLOW is the money coming into a business, where as the cash OUTFLOW is the money flowing out of a business. Cash flow is ...

Answered by James K. Business Studies tutor
2122 Views

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