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7 Cards in this Set
- Front
- Back
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Main Sources of Internal Finance
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Owner's Equity and Retained Profits
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External Finance
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Finance provided by someone outside the business, i.e a financial institution, government or supplier
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Debt Finance
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Can be short-term borrowings such as overdrafts, factoring or commercial bills, or long-term borrowings such as mortgage, debentures, unsecured notes or leasing
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Equity
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The cash raised by:
- Issuing ordinary shares to the public through ASX - Private shares in companies not listed in the ASX |
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Financial Institutions
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Banks, Investment Banks, Finance and Life Insurance Companies, Superannuation Funds, Unit Trusts and Australian Securities Exchange.
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Influence on Government
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The government influences the financial management of business through the implementation of economic policies (fiscal and monetary) and through the implementation of current and changing legislation
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Global Market Influences
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More independence between economies and their business sectors
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