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Teams
Name
Score
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15
×
Sole traders and business partners may pay ______ tax.
income
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15
×
____________is the money the business receives from selling goods and services.
Revenue
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15
×
___________profit is returned to the owners of a business
Distributed
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15
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___________are general overheads such as office salaries, IT expenses.
Administrative expenses
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15
×
________ is given by gross profit â expenses
Operating profit
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15
×
_____________is the amount of money left after all expenses including taxation have been subtracted from revenue.
Profit for the year after tax
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15
×
____________profit is held by a business rather than returning it to the owners and which may be used in the future
Retained
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×
banana
Go to last place!
Oops!
×
star
Double points!
Okay!
×
rocket
Go to first place!
Okay!
×
baam
Lose 15 points!
Oops!
×
trap
No points!
Oops!
×
fairy
Take points!
5
10
15
20
25
×
rocket
Go to first place!
Okay!
×
lifesaver
Give 20 points!
Oops!
15
×
_________ is the share of the profit paid to shareholders in a company.
Dividend
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15
×
Businesses use the statement of comprehensive income to calculate the ________at the end of the financial year
profit
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Okay!
Check
×
baam
Lose 15 points!
Oops!
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seesaw
Swap points!
Okay!
×
fairy
Take points!
5
10
15
20
25
×
banana
Go to last place!
Oops!
×
eraser
Reset score!
Oops!
×
magnet
Take 20 points!
Okay!
×
shark
Other team loses 25 points!
Okay!
×
lifesaver
Give 25 points!
Oops!
15
×
____________ is the minimum profit a business needs to make to retain the interest of the owner(s)
Normal profit
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Okay!
Check
×
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