Marketing and Love Wood Essay - 1275 Words

Centre Number Surname Other Names Candidate Signature Candidate Number For Examiner’s Use Examiner’s Initials Question Mark General Certificate of Education Advanced Subsidiary Examination January 2010 1 2 TOTAL Business Studies Unit 1 Planning and Financing a Business 9.00 am to 10.15 am Tuesday 12 January 2010 For this paper you must have: ï  ¬ a calculator. BUSS1 Time allowed ï  ¬ 1 hour 15 minutes Instructions Use black ink or black ball-point pen. ï  ¬ Fill in the boxes at the top of this page. ï  ¬ Answer all questions. ï  ¬ You must answer the questions in the spaces provided. Answers written in margins or on blank pages will not be marked. ï  ¬ Do all rough work in this book. Cross through any work you do not want to†¦show more content†¦30 Padma’s father warned them to be cautious as the expected increase in popularity of individually designed wooden toys was encouraging competition to enter the market. They drew up a business plan and a cash ï ¬â€šow forecast for their ï ¬ rst year’s trading (Figure 3). The demand for individually designed wooden toys was expected to be very seasonal. Figure 3: Forecast cash ï ¬â€šow for 2010 – the ï ¬ rst year of trading of Love Wood Ltd January to March ( £) Cash inï ¬â€šows Wages * Materials and other costs Cash outï ¬â€šows Net cash ï ¬â€šow for quarter Opening balance Closing balance (1 700) 41 500 34 000 34 800 68 800 (27 300) (1 700) (11 300) April to June ( £) 49 800 34 000 25 400 59 400 July to September ( £) 74 700 40 000 39 000 79 000 (4 300) (11 300) (15 600) October to December ( £) 166 000 44 000 48 300 92 300 73 700 (15 600) 58 100 * Including payments to Padma and Emily Turn over ï â€¢ (03) G/K46670/Jan10/BUSS1 4 Answer all questions in the spaces provided. You are advised to spend no more than 20 minutes on Question 1. 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