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What are THREE problems of financial management?
Insufficient cash, inadequate capital, non-productive assests, delays, failure, overstocking
What is needed to start a buinsess?
Money
Name TWO objectives of finacial management
Profitability, growth, efficiency, liquidity, solvency
NAme the TWO sources of finance.
Internal and Extenral
Name ONE type of short term debt finance
Overdraft, Commercial Bills, Factoring
Name ONE type of long term debt.
MOrtgage, debentures, leasing, unsecured notes
Name one type of ordinary share issue.
New issue, right issue, placements, share purchase plan
Name THREE types of finacial institutions
Banks, investment banks, finance companies, superannuation funds, unit trusts
What are the TWO types of finance.
Debt and Equity
Name one heading that would appear on a Balance Sheet
Assests, liabilities, owners equity
What is ONE example of of a non-current asset.
building, machinery, vehicles
Name TWO of the Ratios.
Current, Debt to equity, profit, expense
Name a fixed cost a buisness would have.
Salaries, Depreciation, Insurnance, Leases
Name a variable cost that a business may have.
Materials, Electiricy, Wages
What is another word for Owners Funds?
Equity
What is the cost of borrowing money?
Interest
