CAIE IGCSE Business Studies 7.3.1 Revenue
Practise defining revenue, calculating sales income from price and quantity, and using figures to judge ways to increase revenue.
- Syllabus
- 2027–2029
- Course
- Business 0264
Exam points
- calculate revenue from selling price and units sold, including average revenue per day
- use suitable calculations to compare options for increasing a business's revenue
7.3.1—Revenue question 1
TJM is a private limited company. It is a food retailer and has 450 shops. In 2021 TJM's revenue increased by $ 500 million. The Finance Director is analysing TJM's financial statements. An extract is shown in Table 2.1. The directors are planning to expand TJM by opening 20 new shops. TJM will have to carry out a recruitment and selection process for 400 new employees.
Table 2.1
Define 'revenue'.
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