MR
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Title: MR

Essay Details:

Subject: Miscellaneous
Author: Andrew M
Date: February 29, 2016
Level: University
Grade: A
Length: 5 / 1203

Essay text:

I.e. Telephone bills. Variable Costs Variable are costs that change dependant of the level of output. For example raw materials. Break Even The break even point is the point where a businesses outputs will just cover it's cost. Calculating the break even point: fixed costs/(selling price ? variable costs) Internal Finance Five sources: Retained Profit (Putting profit back in) Fixed Assets (Selling them) Re-invest savings External Finance Short term (less than 1 year): Overdraft Personal Savings Medium-term (1-5 years): Bank loan Lease assets instead of buying Grants Long-term(>5 years): Mortgage Issue more shares Factors that affect choice: Amount needed...

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