Business 0450 · IGCSE · Business finance

Business finance — practice question

(a)[8]

Explain four external finance sources a business could use.

(b)[12]

Consider why the profitability and liquidity ratios for Jemi’s restaurant are important to Jemi. Which is likely to be the most important for the success of Jemi’s restaurant? Justify your answer.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: Bank loan - a fixed amount borrowed and then repaid over time

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI