Question: 1. Preparing a budget
Prepare a simple cash budget for your own finances for next month. You will need to consider the cash you have available from savings in the past, how much cash you expect to receive during the month and what you plan to spend.
2. Why do companies have to make a profit? Check the website for Marks & Spencer plc (www.marksandspencer.com). What do the directors have to say about profit and recent performance?