Q8. In the Source Booklet, look at Figure 2 and read Extract A Extract A Amelia Cooper trained as a plumber six years ago. Since then she has worked for a building company that carries out repairs to houses and business premises in the Birmingham area. Amelia is now in a position where she wants to start her own plumbing business called Lili Heating Ltd. Even though there are many plumbers in the Birmingham area Amelia feels she has a unique selling point - she is a woman. Many female customers feel that they can relate more closely with a woman doing repairs in their homes. As part of her business plan, Amelia has identified some clear aims and objectives and conducted a large amount of market research using the internet. Her target market requires clear advice on what work needs to be done and how much she will charge. Amelia also thinks she can cut down on advertising costs by getting her customers to recommend Lili Heating Ltd to their friends and families. For this to happen she knows that her work must be of the highest standard. Amelia's business plan also included a wide range of financial information to help her forecast the potential success of the business and see if she would need an overdraft. Table 2 shows forecasts from the business plan for month one of Lili Heating Ltd. Using the information in Table 2, calculate Lili Heating Ltd's forecasted closing balance at the end of month one. You are advised to show your workings.

Q15. Table 1 contains information about cash payments of a small business in one month. The business sold 200 units in this month. All customers paid in cash. Using the information in Table 1, calculate the net cash flow for this month You are advised to show your workings.

Q27. Figure 1 shows the cash-flow of a business from May to August. Using the information in Figure 1, calculate the total net cash-flow from May to August. You are advised to show your workings.

Q32. Read the following extract carefully and then answer the question. In 2012 Jerry and Shelley Lawson started a new business – Frog Bikes. The aim was to produce lightweight and affordable children's bikes. The company's bikes were designed for children using the latest technology. The bikes are produced in a Chinese factory and sold in the UK and other countries. The business quickly became successful. By 2016 its bikes were sold in over 700 shops in the UK. It faces competitors such as JE James which sell similar bikes in the UK. Frog Bikes uses social media to promote its bikes. Figure 2 shows a competition run on the Frog Bikes Twitter account. To enter the competition people needed to follow the business on Twitter. As a manufacturer and retailer, Frog Bikes has to comply with a large amount of legislation. All bikes meet ISO (International Standards Office) standards. This ensures they are safe for children. Rules include the need for all bikes to be fitted with a chain guard, and for handlebars to be safety checked. In 2016 Jerry and Shelley decided to increase production to meet the growing demand. They considered expanding the company's Chinese factory, or building a new factory in the UK. (Source: adapted from http://startups.co.uk/startups-100/2016/8-frog-bikes/) A retailer selling Frog Bikes bicycles has the following financial information for the month of April. Using the information in Table 2, calculate the net cash flow for April. You are advised to show your workings. £ ...........................................................

Q33. Read the following extract carefully and then answer the question. Zoe Sugg, known to her fans as Zoella, is an entrepreneur and a star of YouTube. She has enjoyed success with her fashion and lifestyle vlog (video log) and has become a celebrity as well as an entrepreneur. After starting her lifestyle blog, 'Zoella', in 2009, she soon had thousands of followers. Zoe extended the blog to a YouTube channel and by 2015 had 7.5 million subscribers. In September 2014 Zoe launched her own brand bath and beauty range, called Zoella Beauty. The brand logo is shown in Figure 2. Zoella Beauty products are stocked by major retailers, including Superdrug and Boots. The business also uses e-commerce to sell its product range. In 2014 Zoella Beauty earned revenue of £400 000. However, the competitive environment for beauty products aimed at younger females is becoming more crowded. Rivals include retailers such as Lush. (Source: adapted from http://startups.co.uk/young-entrepreneurs-zoe-sugg-zoella/) A retailer selling Zoella Beauty products has three shops, A, B and C. Financial information for the three shops in the month of June is shown in Table 2. Using the information in Table 2, calculate the average closing balance. You are advised to show your workings. £ ...........................................................

Q34. Table 1 shows the cash-flow forecast for a small business. Complete the table with the two missing figures.

Shadow question. Table 1 shows a cash-flow forecast for one month. Opening balance: £1,400. Cash inflows: £2,750. Cash outflows: £3,100. Using the information in Table 1, calculate the closing balance for the month. You are advised to show your workings.