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Shetty

0450-22-O-N-13-1c

Ahaan

TOPIC QUESTION - PAPER 1

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Ahaan

February 3, 2026 at 2:12:19 PM

Oct/Nov 2022

Version 3

5.0 Financial Information and Decisions

5.1 Business Finance: Needs and Sources

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YOUR ANSWER

Source1- NFF can use retained profits as an internal source of finance to buy the boats and pay employees. This source of finance has low risk as it does not have to be repaid.
Source2- NFF can use sale of assets if they have any spare boats or fishing rods that they dont need, it can be sold for cash.

Grade: 

4/4

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