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O-LevelCommerceFinance7100/12 · May/June 2020 · Q381 Mark

The net profit of PP Partnership is 10%. Four partners are in conversation about how it can be improved. Which partner makes the best suggestion?

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AWe should increase our stock turnover.
BWe need to improve our gross profit.
CWe should hire more staff for the office.
DWe should move our factory to an area with lower rents.

✓ Correct answer

D: We should move our factory to an area with lower rents.

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About this question

Topic
Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2020 Paper 1 Variant 2, question 38.

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