LESSON OBJECTIVE
Assessment Criteria AC 1.1 Identify the sources of finance available to a business Below are questions pertaining to lesson 1. Please ensure to answer each question correctly. 1. What are the advantages and disadvantages of hire purchase and long term loan? 2. What is the difference between Preference Share and Ordinary Share? 3. Differentiate between short and long term sources of finance. 4. What are the advantages and disadvantages of a firm using retained earnings as a source of finance?
10 Comments
Chevon Murray
9/9/2016 04:49:30 pm
a)advantage of higher purchase and long term loan is that if you are a low income earner and wanted to buy a goods or asset, you have the advantage of paying for it in small investment.
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Chevon murray
9/9/2016 06:46:59 pm
a)advantage of higher urchase and long term loan are that if you are a low incomer you have the advantage of paying for a good in smal installment.
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Teneisha Kennedy
9/10/2016 01:52:27 pm
1 Advantage of Heir Purchase
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9/11/2016 04:16:02 am
1.What are the advantages and disadvantages of hire purchase and long term loan?
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evennecia thompson
9/11/2016 03:02:54 pm
1. Hire purchase-1.You are in a fixed contract, and therefore if your financial situation changes during that period and you can’t afford the agreed monthly repayments, you may lose the asset.
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Thya Rodney
9/11/2016 03:23:49 pm
1. Hire purchase advantages are that it provides convenience in payment, helpful for small traders and disadvantages are that customers receive higher price and creates artificial demands (YourArticleLibrary.com: The Next Generation Library, 2014).
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Sandra Morrison-Berry
9/11/2016 08:48:16 pm
Name: Sandra Morrison-Berry
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shadea fulwood
9/11/2016 09:27:35 pm
1. What are the advantages and disadvantages of hire purchase and long term loan?
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shanique Davis
9/11/2016 09:59:56 pm
1. advantages hire purchase
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Keidean Reid
12/6/2016 08:50:21 am
1. Hire purchase advantages
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