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namgyal
0450-22-O-N-13-1c
triral
TOPIC QUESTION - PAPER 1
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triral
March 5, 2025 at 4:29:42 PM
Oct/Nov 2022
Version 3
5.0 Financial Information and Decisions
5.1 Business Finance: Needs and Sources
YOUR ANSWER
NFF can use sale of existing assets, as this can free 'tied up' assets that are not used by the company old assets such as fishing rods can be sold to make more revenue.
NFF can also use owners savings as this would mean that profit is invested back into the business where it can be used to pay the wages of 36 employees and maintain their 6 fishing boats.
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4/4
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