3E Economics par. 4.1 and 4.3 2

• Economie
• Middelbare school
• vwo
• Leerjaar 3

Card 1: Turnover € 200.000,-, Net profit € 40.000,-
Card 2: Turnover € 800.000,-, Net profit € 80.000,-
Give the best argument for card 2 to win

1. 800.000 > 200.000
2. 80.000 > 40.000
3. 160.000 < 720.000
4. 20% > 10%

Card 1: Turnover € 200.000,-, Net profit € 40.000,-
Card 2: Turnover € 800.000,-, Net profit € 80.000,-
Give the best argument for card 1 to win

1. 800.000 > 200.000
2. 80.000 > 40.000
3. 720.000 > 160.000
4. 20% > 10%

Par. 4.2 assignment 5
Which item does not belong to the inventory

1. Kitchen appliances
2. PIN machine
3. Meat
4. Fridge

Par. 4.2 assignment 9
Taxes belong on the ... hand side

1. left
2. right

Profit & Loss Account

Gross profit = Turnover - Cost of Sales

                              = Turnover - Purchase price

Net profit = Gross profit - Operating costs

Operating costs f.e.:

- Labour costs

- Interest costs

- Energy costs

- Rent

- Depreciation costs

Interesting calculations:

Net profit / Turnover x 100%

Net profit / Equity x 100%

Hw.

For next lesson:

Par. 4.3 assignments 3 and 4 + assignments Ch4 in notebook

Assignments from the paragraphs:

Par. 4.1 assignments 1, 2, 6, 7, 9, 10, 11, 12, 14

Par. 4.2 assignments 1, 2, 4, 10

Par. 4.3 assignments 1, 2, 6, 7, 8, 9, 10

Par. 4.3 Assignment 3

1. C Loss D 76.000
2. C Loss D 679.000
3. C Profit D 76.000
4. C Profit D 679.000

Par. 4.3 Assignment 4

1. Total Revenue 779.440 Loss 763.100
2. Tot. Revenue 1.542.550 Loss 763.100
3. Total Revenue 779.440 Profit 763.100
4. Tot. Revenue 1.542.550 Profit 763.100

Hw.

For now:

Formative Test Ch 3 and 4

Par. 4.1 assignments 1, 2, 6, 7, 9, 10, 11, 12 and 14

Par. 4.2 assignments 1, 2, 4 and 10

Par. 4.3 assignments 1, 2, 6, 7, 8, 9 and 10

Practising for the Test Chapter 3 ( not assignment 3, 5 ) and Chapter 4

Hw.

Assignments from the paragraphs:

Par. 3.1 assignments 1, 2, 4, 5, 6, 7, 10

Par. 3.3 assignments 1, 3, 4, 5, 6, 7, 9, 12

Par. 3.4 assignments 1, 2, 3, 4, 8, 9, 10, 11, 12