Question 5
Question 5 of 8

Question image for Q5
Topics Tested

the importance of the wholesaler to the manufacturer and retailer

the sources of short-term finance: trade credit, debt factoring, hire purchase, leasing, sale and leaseback, overdraft, selling assets, owner’s savings and retained profit

the methods to improve sales turnover, profit, mark-up and working capital, e.g. reducing expenses, increasing mark-up, changing prices, improving advertising, introducing new products in given situations