Business finance bingo
Exercise and reference answers
- Clues and terms
- Clue
- Money for plant and land.
- Item
- Fixed capital
- Clue
- Money for daily running.
- Item
- Work capital
- Clue
- Beyond five years.
- Item
- Long term
- Clue
- Within one year.
- Item
- Short term
- Clue
- Comes from the owners.
- Item
- Owner fund
- Clue
- Repaid with interest.
- Item
- Borrowed
- Clue
- Ploughing back of profit.
- Item
- Retained
- Clue
- Supplier waits for payment.
- Item
- Trade credit
- Clue
- Lenders and investors outside.
- Item
- External
- Instructions
- Read each clue and tap the term it describes.
Explanation
_Source: syllabus Business Studies, Chapter 8, Sources of Business Finance._