Business Studies · Oct / Nov 2018 · Paper 11 · Question 2
7115
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The question as text
AllPlay is a toyshop, set up by Vince in 2012. Each year Vince has met his business objectives including making a profit in 2017. AllPlay imports all of its products. Vince wants to expand by opening a second shop so he can sell a wider range of products. The cost of buying the shop is $20000. One option for finance is a bank loan. Vince’s bank manager will want to see AllPlay’s Income statement, and other financial documents. Table 1: Extract from AllPlay’s Income Statement for the year ending 30 September 2018 $ 000s Revenue X Less cost of sales 63 Gross profit 52 Expenses (including rent and marketing) Y Profit 12
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2(a)[2]
2(b)[2]
2(c)[4]
2(d)[6]
2(e)[6]
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