A company plans to expand its operations and considers the following funding options:

It sells unused machinery that it has owned for several years.

It uses the cash generated from this sale to help fund the expansion.

No borrowing or new investors are involved.

What source of finance is this?

A private company wants to fund a major expansion. Instead of using retained profit, it agrees to receive funds from an investor who is not currently an owner.
What source of finance is this?

A retail company pays its sales staff a base monthly salary plus a commission for each unit sold. If sales drop to zero in a given month, employees still receive their base salary, but no commission is paid.

Identify the type(s) of cost for base salary and commission.

A business is owned by shareholders, has its shares traded on a stock exchange, and must publish its financial statements for public review.
what type of business is this?

A business is owned by a small group of individuals, has limited liability, and does not sell shares to the general public.

What type of business is this?

After signing with a manufacturers closer to an overseas markets, a company is able to lower its price

This is...

Two mid-sized consulting firms merge to form a single large firm. After the merger, since the 2 former companies were similar, equipments and workforce were repeated, leading to unused equipments and inefficient labour utilization. This is...