(a)[8]
Identify and explain one advantage and one disadvantage of leasing every item of equipment used by the business.
(b)[12]
Consider the likely effects of the following three changes on VG. Which one will have the biggest impact on the business? Justify your answer. A multinational chain of luxury gyms has recently opened in country X. The proportion of elderly people in the population has risen. Interest rates have risen. Overall judgement.