Grade Booster BTEC National Business

Course outline

Unit 3 Introduction and Overview

• Course introduction
• Exam paper overview
• How your exam paper is marked

Developing the assessment skills

• Knowledge & Understanding - Introduction & Section A (Personal Finance)
• Knowledge & Understanding - Section B (Business Finance)
• Application - Writing in Context
• Well-Developed Paragraphs, Balance and Analysis
• Effective Evaluation

Unpicking the demands of different question styles

• Introduction to the Different Question Styles
• Section A & Section B: 1-4 Mark Questions
• Tackling the Discuss Question: Section A (Personal Finance)
• Tackling the Discuss Question: Section B (Business Finance)
• Practice Discuss Question: Section B
• The 12-Mark Evaluate Question: Section A Focus (Personal Finance)

Nailing the numbers and calculations

• Cash Flow Forecasts
• Completing a Cash Flow Forecast
• Break-even Analysis: Costs and Sales
• Calculating Break-even
• Break-even Analysis: Break-even Charts
• Break-even Analysis: Break-even and Contribution
• Break-even Analysis: Uses of Break-even
• Break-even Analysis: Analysing & Evaluating Break-even
• Gross Profit and Gross Profit Margin
• Net Profit and Net Profit Margin
• Return on Capital Employed
• Merasuring Liquidity: Current Ratio & Liquid Capital Ratio
• Inventory Turnover
• Trade Receivables Days and Trade Payables Days
• Limitations of Ratios
• Mark Up
• Statement of Comprehensive Income (SOCI)
• Statement of Financial Position (SOFP) Including Adjustments
• Depreciation