Topic 3.3: Costs and Revenues Questions

A stationery shop has sales revenue of $85,000. Cost of goods sold is $51,000. a) Calculate gross profit. b) State what gross profit measures.

A business has revenue of $150,000. It wants a net profit of $15,000. Calculate the net profit margin target as a percentage.

A small software company sells a one-time license for $120 or a subscription for $12 per month. Explain one advantage of using subscription revenue as a revenue stream.

A café reports gross profit of $60,000. Its expenses are rent $18,000, wages $28,000, utilities $6,000 and marketing $4,000. Calculate net profit.

A tech retailer sells laptops. Sales revenue is $300,000 and cost of sales is $210,000. Expenses total $60,000. a) Calculate gross profit. b) Calculate net profit.

A mobile phone shop pays a monthly line rental of $40 plus $0.05 per text message sent by staff. a) Identify the type of cost described. b) Explain your answer.

A mobile phone shop pays a monthly line rental of $40 plus $0.05 per text message sent by staff. a) Identify the type of cost described. b) Explain your answer.

A small online bakery sells boxed cupcakes. For each box, it uses ingredients costing $6 and packaging costing $1. It pays a delivery partner $2 per box delivered. The bakery also pays monthly rent of $900 and insurance of $100. a) Identify two variable costs in this scenario. b) Identify two fixed costs in this scenario.

A small online bakery sells boxed cupcakes. For each box, it uses ingredients costing $6 and packaging costing $1. It pays a delivery partner $2 per box delivered. The bakery also pays monthly rent of $900 and insurance of $100. a) Identify two variable costs in this scenario. b) Identify two fixed costs in this scenario.

A stationery shop has sales revenue of $85,000. Cost of goods sold is $51,000. a) Calculate gross profit. b) State what gross profit measures.

A pop-up smoothie bar sells 350 smoothies at $4.80 each and 120 snack bowls at $6.50 each in one day. Calculate the total revenue for the day.

A video creator earns money from ads on videos, monthly memberships, and brand sponsorships. a) Define the term revenue stream. b) Identify two revenue streams from the scenario.

A small software company sells a one-time license for $120 or a subscription for $12 per month. Explain one advantage of using subscription revenue as a revenue stream.

A business has revenue of $150,000. It wants a net profit of $15,000. Calculate the net profit margin target as a percentage.

A pop-up smoothie bar sells 350 smoothies at $4.80 each and 120 snack bowls at $6.50 each in one day. Calculate the total revenue for the day.

A café reports gross profit of $60,000. Its expenses are rent $18,000, wages $28,000, utilities $6,000 and marketing $4,000. Calculate net profit.

A tech retailer sells laptops. Sales revenue is $300,000 and cost of sales is $210,000. Expenses total $60,000. a) Calculate gross profit. b) Calculate net profit.

A video creator earns money from ads on videos, monthly memberships, and brand sponsorships. a) Define the term revenue stream. b) Identify two revenue streams from the scenario.

A museum currently earns revenue only from ticket sales. After a tourist downturn, visits fall by 30%. Suggest two additional revenue streams the museum could introduce.

A business reports a net profit of $25,000 but still struggles to pay suppliers on time. Explain why this can happen.