Setting financial objectives: AQA A‑Level Business questions
Every AQA A-Level Business exam question on 3.5.1 Setting financial objectives, 2020–2025, with its mark scheme and examiner’s report.
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![June 2025 AS Paper 1, question 03: Which of the following options should a business choose to improve its gross profit margin? [1 mark] A Ask the owner of the building for a reduction in the rent](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71311-jun25-03-qp.webp)

![June 2025 AS Paper 2, question 02: Using the data in Figure 1, calculate the gross profit margin in 2024. [3 marks] Hoods Ltd Hoods Ltd designs, manufactures and sells hoodies and other sportswea](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71312-jun25-02-qp.webp)
Q01.2
The whole paper ↗![June 2024 Paper 2, question 01.2: Using the information provided, explain one reason why Biggs Ltd’s gross profit margin for 2023 fell to 46.9%. [3 marks] 0 1 Read the information below and then](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71322-jun24-01-2-qp.webp)


![June 2022 Paper 1, question 15: A business’s decision to increase its level of capital expenditure is most likely to: [1 mark] A achieve long-term growth. B achieve short-term profits. C avoid](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71321-jun22-15-qp.webp)
![June 2022 Paper 1, question 19: Analyse why non-profit organisations set financial objectives. [9 marks]](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71321-jun22-19-qp.webp)
Q16.1
The whole paper ↗![June 2022 AS Paper 1, question 16.1: With reference to Table 1, analyse the causes of the changes in the profit margins for Rockall Ltd between 2019 and 2020. [9 marks] 1 6 Rockall Ltd Rockall Ltd](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71311-jun22-16-1-qp.webp)
![June 2022 AS Paper 2, question 01: Using the data in Figure 1, calculate VeganLife Ltd’s gross profit for 2020. [3 marks] VeganLife Ltd VeganLife Ltd (VL) is a manufacturer and online supplier th](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71312-jun22-01-qp.webp)
![June 2022 AS Paper 2, question 06: Emma believes that, in the long term, the profit of VeganLife Ltd is more important than its cash flow position. To what extent is Emma right? [16 marks] VeganL](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71312-jun22-06-qp.webp)
Q02.1
The whole paper ↗![November 2021 Paper 2, question 02.1: Calculate the Gross Profit Margin for Speckles in 2020. [2 marks] 0 2 Read the information below and then answer the questions that follow. Bell Ltd Bell Ltd is](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71322-nov21-02-1-qp.webp)

![November 2020 AS Paper 2, question 04: Parkside Theatre faces fluctuating demand for its cinema. Analyse why this might make it difficult for Lorna to meet her cash flow objective. [9 marks] Parkside](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71312-nov20-04-qp.webp)
All 15 questions on Setting financial objectives, as a list
- June 2025, Paper 1, Q07 (1 mark): The data below applies to Bromley Apples Ltd for 2023–2024. £m Sales revenue 20 Cost of sales 6 Operating expenses 4 Taxation 7 What is Bromley Apples Ltd’s gro
- June 2025, AS Paper 1, Q03 (1 mark): Which of the following options should a business choose to improve its gross profit margin? [1 mark] A Ask the owner of the building for a reduction in the rent
- June 2025, AS Paper 1, Q09 (1 mark): The table below shows financial information for a business. £000s Total revenue 529 Cost of sales 192 Corporation tax 7 Finance costs 18 Operating expenses (ove
- June 2025, AS Paper 2, Q02 (3 marks): Using the data in Figure 1, calculate the gross profit margin in 2024. [3 marks] Hoods Ltd Hoods Ltd designs, manufactures and sells hoodies and other sportswea
- June 2024, Paper 2, Q01.2 (3 marks): Using the information provided, explain one reason why Biggs Ltd’s gross profit margin for 2023 fell to 46.9%. [3 marks] 0 1 Read the information below and then
- June 2024, AS Paper 1, Q13 (4 marks): The following data applies to a business. Selling price per unit £5 Output 9000 units Variable cost of each unit £2 Expenses £20 000 Calculate the operating pro
- June 2023, Paper 1, Q09 (1 mark): Statement 1: ‘An increase in rent paid by a business will have no effect on its gross profit.’ Statement 2: ‘An increase in tax on a business’s profit will have
- June 2022, Paper 1, Q15 (1 mark): A business’s decision to increase its level of capital expenditure is most likely to: [1 mark] A achieve long-term growth. B achieve short-term profits. C avoid
- June 2022, Paper 1, Q19 (9 marks): Analyse why non-profit organisations set financial objectives. [9 marks]
- June 2022, AS Paper 1, Q16.1 (9 marks): With reference to Table 1, analyse the causes of the changes in the profit margins for Rockall Ltd between 2019 and 2020. [9 marks] 1 6 Rockall Ltd Rockall Ltd
- June 2022, AS Paper 2, Q01 (3 marks): Using the data in Figure 1, calculate VeganLife Ltd’s gross profit for 2020. [3 marks] VeganLife Ltd VeganLife Ltd (VL) is a manufacturer and online supplier th
- June 2022, AS Paper 2, Q06 (16 marks): Emma believes that, in the long term, the profit of VeganLife Ltd is more important than its cash flow position. To what extent is Emma right? [16 marks] VeganL
- November 2021, Paper 2, Q02.1 (2 marks): Calculate the Gross Profit Margin for Speckles in 2020. [2 marks] 0 2 Read the information below and then answer the questions that follow. Bell Ltd Bell Ltd is
- November 2020, Paper 1, Q04 (1 mark): The table below shows data from a company’s accounts. Item £ (million) Cost of sales 4 Other expenses 3 Sales revenue 12 Taxation 2 The company’s operating prof
- November 2020, AS Paper 2, Q04 (9 marks): Parkside Theatre faces fluctuating demand for its cinema. Analyse why this might make it difficult for Lorna to meet her cash flow objective. [9 marks] Parkside
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