Quelpr
20 marksThe Need for Capital and Sources of Finance

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

Buddy is establishing a new petrol filling station and convenience store and needs funding for land and building, machinery and equipment, stock of petrol, stock for convenience store, and wages for employees for the initial week.

Identify the MOST suitable source of finance for EACH of the five specified areas, and explain why each identified source is the most appropriate.

The mark scheme is shown once you've answered.

Practise this question

Other parts of this question

  1. 5(a)(i)Define the term 'working capital'.[2 marks]
  2. 5(a)(ii)Identify THREE components of working capital.[3 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