Quiz: Internal Finance - Selling Unwanted Assets
AQA GCSE Business 8132
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Building on what you've learned about retained profit, let's explore how selling unwanted assets can provide internal finance!
What does 'selling unwanted assets' mean?
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Selling unwanted assets is an example of {{blank0}} finance because the money comes from within the business.
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Which of the following could be considered unwanted assets? (Select all that apply)
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Match the items on the left with their correct pairs on the right
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What is a potential advantage of selling unwanted assets?
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One disadvantage of selling unwanted assets is that the business loses {{blank0}} items it might need in the future.
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A business sells old equipment for £5,000. If its original value was £10,000, what is the gain or loss?
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Match the items on the left with their correct pairs on the right
Which of these businesses is most likely to sell unwanted assets for internal finance?
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