Page 386 - Cambridge IGCSE Business Studies
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IGCSE Business Studies Student CD-ROM
14 Revenue less costs of sales is known as profit. (5)
15 The account shows how profit is divided between owners and the business. (13)
16 The balance sheet records all of the and of a
business. (6, 11)
17 An asset is something which a business . (4)
18 Trade payables is an example of a liability. (7)
19 The ratio ignores inventories. (4, 4)
20 The net profit margin might be used to assess how well a business has been at managing its
. (8)
© Cambridge University Press 2014 IGCSE Business Studies Section 5 – Fill in the gaps 2
