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HomeCXC CAPE Management of BusinessFinancial statements and ratio analysis
CXC CAPE · · Management of Business

Financial statements and ratio analysis
Practice Questions

40 CXC CAPE Management of Business questions on Financial statements and ratio analysis, each with instant feedback and a full examiner-style mark scheme.

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✨ Revision guide includes key terms, worked examples and exam technique for Financial statements and ratio analysis.

Try 2 sample questions on Financial statements and ratio analysis

Question 1 · 1 mark · Difficulty 1/3

How is gross profit calculated?

  1. Revenue less cost of sales
  2. Revenue less all expenses
  3. Revenue less operating expenses
  4. Net profit less interest and tax
Show answer & explanation
✓ Answer: ARevenue less cost of sales
Award 1 mark. Deducting operating expenses from gross profit gives net profit. Interest and tax are deducted after that.
Question 2 · 1 mark · Difficulty 1/3

What does the statement of financial position show?

  1. Assets, liabilities and capital at a point in time
  2. Revenue and profit over a period
  3. Dividends distributed during the year
  4. Cash received and paid over a period
Show answer & explanation
✓ Answer: AAssets, liabilities and capital at a point in time
Award 1 mark. Performance over a period is the income statement. The statement balances because everything held must have been funded from somewhere.
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CXC CAPE Management of Business: Financial statements and ratio analysis FAQ

Is Kramizo free for CXC CAPE students preparing for Management of Business?
Yes — completely free. Every student gets 45 questions a day on the free plan, with no card required and no trial countdown. That free quota works across every subject and every topic in our bank, so you can mix Financial statements and ratio analysis practice with other Management of Business topics or even switch to a totally different CXC CAPE subject without paying anything. Kramizo's optional Pro plan removes the daily cap and adds detailed progress analytics, but the free tier is the real product — used by thousands of GCSE, IGCSE and CSEC students.
Are the Financial statements and ratio analysis questions aligned to the official CXC CAPE Management of Business syllabus?
Every question is written against the published CXC CAPE Management of Business specification, including the exact command words (state, describe, explain, calculate, evaluate, etc.), mark allocations, and difficulty tier you'd see on a real CXC CAPE paper. Explanations are written in the style of official examiner mark schemes — they tell you what is being awarded marks and why distractors are wrong, not just whether you got it right. The bank is continually refined to match the latest syllabus updates from CXC CAPE.
How is Financial statements and ratio analysis typically tested on CXC CAPE Management of Business papers?
Financial statements and ratio analysis appears across multiple question types on real CXC CAPE Management of Business papers — most commonly as multiple-choice questions in the objective section, structured short-answer questions in the main paper, and occasionally as part of an extended response. Kramizo's practice bank reflects that mix: 4-option MCQs, true/false statements, fill-in-the-blank key terms, multi-select questions, and ordering questions. Working through the bank gives you exposure to every question style examiners actually use.

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