Scenario 7

Holland & Peck Fashion need a bank over draft to fix their money issues.

TOA Y9/10 GCSE Business

Bone & Brown Fashion need to borrow £250 for short term cash problem

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Dunlop sell 20,000 tennis balls at £2 each

Total revenue will be £ 40,000

Boots sell 26,000 bottles of shampoo at £2.65 each

Total revenue will be £68,900

 

A company makes 50,000 gift bags at a total cost of £17,500. All 50,000 are sold at £1.50 each. Which of the following statements are true?

a.The business’s total revenue is £50,000. False
b.The average cost of making each bag is £0.35. True
c.After subtracting total costs from revenue, the business is left with £57,500. True
d.If the selling price of each bag had been any lower, they would not have made a profit. False
e.The business made a profit of £32,500. False
f.If only 25,000 bags had been sold, the business would not have made a profit. False

Volkswagen

http://www.bbc.co.uk/news/business-25708528

German carmaker Volkswagen has said it will invest $7bn (£4bn) in North America over the next five years as it looks to boost its sales in the region.

Analysts expect 2013 to be the best year for the US auto market since 2007, with total annual sales expected to reach nearly 15.6 million units.

If that figure is met, it would mark a strong recovery from 2009, when sales fell to 10.4 million.