F291 Finance quiz
Quiz on finance sector of f291
- Created by: Daisy Judges
- Created on: 26-12-12 21:04
Other questions in this quiz
2. Trade cred is taking longer to pay your BLANK which is used to raise finance. What should be in the space of BLANK?
- Bank
- Creditors
- Debtors
3. What is it called when firms raise their cash by selling fixed assets such as machinery or buildings which are no longer in use?
- Selling Assets
- Loan
- Overdraft
4. Reducing stock improves liquidity by running down stock levels, taking up less space in stock rooms and warehouses and therefore reducing costs
- True
- False
5. What is an advantage of leasing?
- If equipment breaks the leasing company must repair it at their own expense
- Business never has their own equipment
- Inexpensive
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