Hi Everyone
I have now created a Team for S3 Business and one for S3 Finance. You will find your weekly work there from now on.
Smiles and Stay Safe
From Mrs Cole
S3 FINANCE TASK – WEEK BEGINNING 27 APRIL 2020
Hi Everyone
I hope you are well. I’m missing you all. Complete the following questions please. E-mail your answers via Glow to myself. (Mrs Cole with green hat).
Thank you – keep safe
Smiles Mrs Cole 😊
BREAK EVEN
- What does the term break even mean?
- What is a fixed cost? Give an example.
- What is a variable cost? Give an example
- What does the term contribution mean?
- Why is the break even point important to a business?
- Complete a task from the S3 Finance Area on the School Website.
S3 BUSINESS TASK – WEEK BEGINNING 27 APRIL 2020
I hope you are well. Complete the attached task please. Click on the link below and e-mail your answers to myself via Glow – Mrs Cole (with green hat).
Thank you 😊
Keep safe
From Mrs Cole
Business Task 3 – Week Beginning – 27 April 2020
S3 BUSINESS TASKS (Previous Work)
Business Task 2 – Week Beginning – 20 April 2020
Business Task 1 – Week Beginning – 30 March 2020
S3 FINANCE TASK – WEEK BEGINNING 20 APRIL 2020
I hope you are well. Complete the following questions please. E-mail your answers via Glow to me. (Mrs Cole with green hat).
CASH BUDGETS
- What is a cash budget?
- List 4 headings that are used within a cash budget.
- What are 2 advantages for a business of preparing a cash budget?
- How can a business improve its cash flow?
- Complete a task from the S3 Finance Area on the School Website.
Thanks Everyone
Stay safe from Mrs Cole 😊
S3 FINANCE TASKS – WEEK BEGINNING 30 MARCH
Hi Everyone
I hope you are all well. If you are feeling well can you complete the following tasks please. I am missing you all lots.
- List 3 Assets and 3 Liabilities that a business can have.
- Can you describe 2 advantages and 2 disadvantages of being a sole trader.
- What is the name of the 2 Final Accounts that a business will create annually.
- What does the term Equity mean?
- Who are Trade Payables? Who are Trade Receivables?
Also can you complete one of the tasks from the S3 Finance link. I have sent you all an e-mail so you can reply with your answers. Thank you and stay safe all of you. 😊