Profit and Loss with Profitability Ratios (3 LESSONS)

Lesson 1
Introduction to Costs, Revenues and Profit - two whole class activities to work through with answers looking at how to complete basic financial calculations and the ways businesses can boost their profit. Two slides on here printable as worksheets

Lesson 2
Introduction to Profit and Loss accounts, moving on from basic financial calculations. Putting together a Profit and Loss accounts using just the numbers in the first question and then more complicated activity where learners have to pick out key information from a case study. Also includes an exam style set of questions, with 9 mark evaluation question.

Lesson 3
Profit and Loss case study question, learners need to complete the basic financial calculations and put the information into a Profit and Loss account. Whole class activity / game putting together sales pitches then their Profit and Loss Accounts. Examples of how to calculate Gross and Net Profit Margins then activity to complete.

Worksheet 1 - matching key terms activity and then Profit and Loss Accounts / Profitability Ratios question.

Worksheet 2 - complete a Profit and Loss Account and then the ratios linked to it, some exam questions based on the case study.