Business 0450 · IGCSE · Business finance

Business finance — practice question

(a)[8]

Identify and explain one advantage and one disadvantage of GS operating as a partnership. Positive point: Explanation: Negative point: Explanation:

(b)[12]

Consider the advantages and disadvantages of the following three sources of finance for obtaining new equipment. Recommend the best source for GS to choose. Justify your answer. Bank loan: Lease: Retained profit: Recommendation:

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Ability to raise more capital” …

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