GCSE AQA Business 3.6.3 Financial terms and calculations (only)
GCSE AQA BUSINESS
Just one lesson - GCSE AQA Business 3.6.3 Financial terms and calculations (only)
This lesson includes:
- Teacher PowerPoint
- Student PowerPoint (to upload to a shared drive)
- Student worksheet in Word (so you can edit it)
- Worksheet in PDF (so it will behave itself in a printer)
This lesson covers:
• Basic financial terms
• Basic financial calculations
• Average rate of return
• Break-even
From the specification:
Students should be able to:
• understand the difference between variable costs, fixed costs and total costs
• understand the concept of revenue, costs, profit and loss
• understand the main investment projects that businesses undertake, including investment in
new machinery, buildings and vehicles and be able to calculate the average rate of return for
these projects
• understand the meaning of the term break-even output and interpret break-even charts
• identify the break-even level of output and margin of safety from a break-even chart
• evaluate the value of using break-even analysis to a business.
Students will not be expected to draw break-even charts or use the break-even formula.
){kind=link}