F2- Sources of Finance Flashcards
(30 cards)
1
Q
Why do businesses need additional finance?
A
2
Q
What are internal sources of finance?
A
3
Q
What are external sources of finance?
A
4
Q
What are short term sources of finance?
A
5
Q
What are long-term sources of finance?
A
6
Q
What is retained profit?
A
7
Q
Retained profit advantages
A
8
Q
Retained profit disadvantages
A
9
Q
What is selling assets?
A
10
Q
Advantages of selling assets
A
11
Q
Disadvantages of selling assets
A
12
Q
What is trade credit?
A
13
Q
Advantages of trade credit
A
14
Q
Disadvantages of trade credit
A
15
Q
What is a bank loan?
A
15
Q
Advantages of a bank loan
A
16
Q
Disadvantages of a bank loan
A
17
Q
What is an overdraft?
A
18
Q
Advantages of an overdraft
A
19
Q
Disadvantages of an overdraft
A
20
Q
What is share capital?
A
21
Q
Advantages of share capital
A
22
Q
Disadvantage of share capital
A
23
Q
What is hire purchase?
A
24
Advantages of hire purchase
25
Disadvantages of hire purchase
26
What is leasing?
27
Advantages of leasing
28
Disadvantages of leasing
29
