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Author Business studies question
Charlene
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Registered: 29th Sep 04
Location: Darlington
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24th Apr 05 at 13:56   View User's Profile U2U Member Reply With Quote
Was wondering if anyone did business studies and could answer a question for me, im trying to help my brother with hes homework and need to know

Four resources of internal and external finance

Cheers
Twiggy
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Registered: 15th Oct 04
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24th Apr 05 at 14:13   View User's Profile U2U Member Reply With Quote
Were all fick on ere love!
BlitZ
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Registered: 18th Apr 05
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24th Apr 05 at 14:16   View User's Profile U2U Member Reply With Quote
Internal = Profit - Reduce Workin Capital - Sale of assets - leaseback

External = Loans - Overdrafts - debentures - shareholders


That enough?

[Edited on 24-04-2005 by BlitZ]
Charlene
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24th Apr 05 at 14:17   View User's Profile U2U Member Reply With Quote
Yea thanks
BlitZ
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24th Apr 05 at 14:18   View User's Profile U2U Member Reply With Quote
No Probs
Happy_2008
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24th Apr 05 at 14:24   View User's Profile U2U Member Reply With Quote
Also for internak = Retained profits
BlitZ
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24th Apr 05 at 14:28   View User's Profile U2U Member Reply With Quote
does General Profits not cover Retained Profits ? I thought profit was retained in the first place

[Edited on 24-04-2005 by BlitZ]
Happy_2008
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24th Apr 05 at 14:47   View User's Profile U2U Member Reply With Quote
Yeah but its normally classed as retained profits. If i remember correct on the trial balance sheets etc they are 2 seperate incomes etc
Charlene
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24th Apr 05 at 14:48   View User's Profile U2U Member Reply With Quote
Il put it down as well then thanks
Phil321
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Registered: 10th Mar 01
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24th Apr 05 at 17:06   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Happy_2008
Yeah but its normally classed as retained profits. If i remember correct on the trial balance sheets etc they are 2 seperate incomes etc


Retained profit is balance sheet i.e. a current asset, profit (gross/net) is a P&L item.
BlitZ
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24th Apr 05 at 18:48   View User's Profile U2U Member Reply With Quote
k that's what i was looking for

 
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