Sources of Finance- Short Term
- Created by: ayaaaa
- Created on: 06-12-16 06:02
Other questions in this quiz
2. What is an advantage of credit cards?
- convenient and flexible
- interest free
- cheap way of raising finance
- allows a business to spread payment after a deposit is payed
3. What is an advantage of an overdraft?
- its simple and flexible
- interest rates are very low
- interest rates are very high
- does not have to be repaid
4. What is leasing?
- buying equipment and property
- renting needs
- renting or hiring equipment or property
- borrowing equipment from other businesses
5. What is sales of assets?
- buying specific goods with a loan
- money that can be used to meet day to day wages
- selling the businesses assets to raise finance
- profit that has not been returned to the owners
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