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Business UNIT 5 - Coggle Diagram

- - - - Gross profit / revenue x 100 = %
    - - Increase revenue but maintain sales cost
      - Cut cost of sales by lowering wages or material cost
  - - - Profit / revenue x 100 = %
    - - Increase revenue more than expenses
      - Reduce expenses whilst maintaining level of sales
  - - - Profit / capital employed X 100 = %
    - - Make better use of capital employed without reducing profit
      - Increase profit with same amount of capital employed
  - - - Current assets / current liabilities
- - - - Depts or loans repayable in 12 months
    - - Money needed by business to purchase before it can start running
    - - Financial services, including loans provided to poor people who are not served by traditional banks
- - - - Suppliers could stop supplying materials
      - Unpaid workers become demotivated
      - Unfulfilled customer orders lead to complaints