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

+ Formative Test Chapter 3 and 4

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 and 4