Monday, 6 January 2014

3.2 Financial terms and basic calculations

10/10 Key term test

  1. Sales Revenue
  2. Selling price
  3. Profit
  4. Loss
  5. Fixed Costs
  6. Variable costs
  7. Total costs
  8. Break even point (BEP)
  9. Gross profit
  10. Net Profit

BBC bitesize video clip on costs click here

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