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6 Quantitative skills

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2 topics · 11 learning objectives

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  1. Calculation

    1. Calculate and use percentages and percentage changes in business contexts.

    2. Calculate and use averages in business contexts.

    3. Calculate revenue, costs and profit in business contexts.

    4. Calculate gross profit margin and net profit margin ratios in business contexts.

    5. Calculate average rate of return in a business context.

    6. Calculate total costs, total revenue and net cash flow within cash-flow forecasts.

  2. Interpretation

    1. Graphs and charts

      Interpret and use information from graphs and charts to support, inform and justify business decisions.

    2. Profitability ratios

      Interpret gross profit margin and net profit margin ratios in business contexts.

    3. Financial data

      Interpret profit and loss, average rate of return and cash-flow forecast data to support business decisions.

    4. Marketing data

      Interpret market-research data to support, inform and justify business decisions.

    5. Market data

      Interpret market share and changes in costs and prices to support, inform and justify business decisions.