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CH-5: BUSINESS ARITHMETIC

                                                    CODE: 241605010121



                       ASSESSMENT:

                   Q. 1. What do you mean by Unit of Sales?

                   Q. 2. What do you mean by Gross Profit?

                   Q. 3. What do you mean by Cash Inflow and Cash Outflow?

                   Q. 4. Give one difference between Income Statement and Cash Flow Statement.


                   Q. 5. What do you understand by Unit Cost/ Variable Cost/Cost of Goods sold?

                   Q. 6. Give some examples of Variable Cost/ Unit Cost.

                   Q. 7. How do we calculate the unit cost in the case of multi product or service situations? Explain
                   with the help of an example.
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