Sole Trader Business Profit and Capital Quiz

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4 Questions

How does Joe's capital change when his sole trader business earns a profit of £3?

It does not change

What happens to Joe's capital when his sole trader business earns a profit of £11,110?

It increases by £11,110

If Joe's sole trader business earns a profit of £900, what happens to his capital?

It decreases by £900

Which scenario would lead to Joe's capital not changing?

Earning a profit of £3

Test your knowledge on the impact of different profit amounts on a sole trader business run by Joe. Determine how each profit affects Joe's capital in this quiz.

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