BUSS2 Business Maths

Calculate the change in Unit Costs between 2010-2011

  2010 2011Visitors in Millions

1.18 1.16

Average Revenue per visitor

15.75 16.09

Total Costs in Millions

18.06 17.66

Satisfied Customers in % 

87 88

Calculate the change in Unit Costs between 2009-2010

  2009 2010

Visitors in Millions

1.23 1.32

Average Revenue per visitor

15.75 16.09

Total Costs in Millions

17.99 18.64

Satisfied Customers in % 

87 88

Calculate Cadburys Net Profit Margin for 2008 and 2007.

Calculate the profit variance for December only.

Calculate Velocity Ltd’s capacity utilisation for 2010

Calculate the Unit Cost at different levels of outputOutput Total Costs (£) Unit Costs (£)100

200

300

400

500

600

700

800

12,000

20,000

26,000

30,000

33,000

35,000

38,000

40,000

• The Camp Nou has a Capacity of 98,772. Its last home games attendance was 95,000. What is the Capacity Utilisation?

• Emirates Stadium has a Capacity of 60,355. It’s last home game was 52,543. What is the Capacity Utilisation?

• A business achieved a net profit of £220,000. Its sales were £900,000. What was its net profit margin?

• A business achieved a net profit of £90,000. The capital invested was £1.2 million. What was the return on capital?

• What type of good is the following, and how would you interpret the price elasticity of demand ?

• Original Price (£) = 110• Original Quantity = 75• New Price (£) = 125• New Quantity = 55

• Nadia’s Chocca bar was priced at £0.50. She sold 8000 bars a year in Richmond College.

• Nadia wishes to increase the price to £0.75.• As the price elasticity for this product is

estimated to be -2 what will be the impact on her yearly income?

Measuring the effectiveness of the workforce:

Year 1

Year 2

Year 3

Year 4

Average Number of Employees

42

41

42

43

Number of Leavers

3

6

2

2

Value of Output (£)

1,500,000

1,300,000

1,600,000

1,800,000

Total Labour Costs

948,600

951,200

948,600

962,400

Average numbers of staff absent on one day

5

6

2

1