Gardeners’ Pots has total costs of $2,000 and fixed costs of $1,100 for an output level of 600 units. Calculate the variable cost per unit for the firm. [2 marks]

Identify THREE profitability ratios.

Explain TWO ways in which a firm could improve its acid test (quick) ratio.

How is profit before tax calculated? (start with gross profit)

Identify THREE cash inflows and THREE cash outflows.

Identify THREE revenue streams that MrBeast (the Youtuber) has.

Identify FOUR external sources of finance

Explain TWO factors to consider the appropriate type of finance used.

Explain TWO disadvantages of using payback period as an investment appraisal method.

Outline TWO differences between the income statement of a non-profit entity vs. a for-profit entity.

True or false: Above the line marketing by placing advertisements in local and national newspapers would be an example of variable costs.

Explain the relationship between investment, profit & cash flow.

The formula for the payback period is... (assuming same cash flow for each period)