Business Studies · Oct / Nov 2022 · Paper 11 · Question 3
7115
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CPK operates 5 sports clubs. Each club offers a range of activities including gym and yoga classes. CPK uses job enrichment to keep its 60 employees well-motivated. Having the right marketing mix is important to CPK’s success. The Finance Director is analysing CPK’s financial statements. An extract is shown in Table 3.1. He wants to know how an increase in taxation might affect CPK’s business. Table 3.1 Extract from CPK’s financial statements 2020 2021 Current ratio 1.6 1.3 Profit margin 12% 10% Non-current assets $2m $2m
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3(a)[2]
3(b)[2]
3(c)[4]
3(d)[6]
3(e)[6]
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