Financial performance
What Financial performance means in Economics B A-Level, as defined for Pearson Edexcel.
Definitions of Financial performance
Exam boards and our study guides word this term in slightly different ways. Learn the version your board uses.
Check what you remember
Read the wording for your board, then hide it and explain Financial performance in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
What the statement of comprehensive income shows over a period, making it vital for stakeholders assessing a business.
What firms assess by calculating different levels of profit.
Topics that use Financial performance
- Profit and loss (Pearson Edexcel A-Level)
Related terms
- Gross profit margin
- Market entry
- Market exit
- Operating profit
- Operating profit margin
- Profit for the year margin
- Profitability
- Revenue and costs
Using Financial performance in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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