BTEC 26/4 Unit 3

Which expense relates to capital expenditure ?

• electric bill

• wages

• purchase of a factory

• insurance

Which one relates to capital income ?

• revenue from sales

• a bank loan

• rental money from tenant

• revenue from repair service

Fixed costs

? = breakeven

• total contribution

• variable cost per unit

• revenue

• unit contribution

Contribution per unit =

• selling price - variable cost per unit

• selling price + variable cost per unit

• selling price X variable cost per unit

Margin of safety =

• current output X breakeven

• current output - breakeven

• current output + breakeven

Profit =

• bottom left triangle

• top right triangle

In a cashflow forecast : net cashflow (for the month) =

• total inflow + total outflows

• total inflow x total outflows

• total inflow - total outflows

The opening balance for January is £400, the net cashflow for that month = (100), therefore :

• Closing balance = £500

• Closing balance = £4000

• Closing balance = £300

• Closing balance = £ (500)

Amortisation is depreciation of :

• physical assets

• non-physical assets

• stock

The first part of an insurance claim paid by the policyholder =

• access

• excess

• exist

• exits