Business Studies · May / June 2018 · Paper 12 · Question 1
7115
As printed in the paper
The question as text
Adele started a dance school five years ago. Every year Adele pays herself a salary and makes $1000 profit. The school offers a range of dance and exercise classes for children. It is a sole trader business. Adele believes using the right pricing method is important. Adele wants to expand the business by opening a second dance school. Based on her business plan, she forecasts that this will cost $8000. Adele cannot decide whether a bank loan is the best source of finance for this expansion.
Read automatically from the paper; the printed page above is exact.
Show the answer and mark scheme
1(a)[2]
1(b)[2]
1(c)[4]
1(d)[6]
1(e)[6]
Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.