2 marksThe Need for Capital and Sources of Finance

CAPE Management of Business Unit 1 · 2009 · Paper 2 · Question 5(a)(i)

Define the term 'working capital'.

The mark scheme is shown once you've answered.

Practise this question

Other parts of this question

5(a)(ii)Identify THREE components of working capital.[3 marks]
5(b)Identify the MOST suitable source of finance for EACH of the five specified areas, and explain why each identified source is the most appropriate.[20 marks]

More practice: the rest of this paper · more The Need for Capital and Sources of Finance questions · all CAPE Management of Business Unit 1 past papers