Mrs Cole

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

  1.  What does the term break even mean?
  2. What is a fixed cost? Give an example.
  3. What is a variable cost? Give an example
  4. What does the term contribution mean?
  5. Why is the break even point important to a business?
  6. 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

  1. What is a cash budget?
  2.  List 4 headings that are used within a cash budget.
  3.  What are 2 advantages for a business of preparing a cash budget?
  4. How can a business improve its cash flow?
  5. 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.

  1.  List 3 Assets and 3 Liabilities that a business can have.
  2. Can you describe 2 advantages and 2 disadvantages of being a sole trader.
  3. What is the name of the 2 Final Accounts that a business will create annually.
  4. What does the term Equity mean?
  5. 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. 😊

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