Question: a Both Option 1 and Option 2 require capital for the expansion. Explain four suitable sources of finance the Directors of Fruity Smoothies could use.

a Both Option 1 and Option 2 require capital for the expansion. Explain four suitable sources of finance the Directors of Fruity Smoothies could use.

b Fruity Smoothies might take over a competitor which sells fruit smoothies. Consider how important the competitors' statement of financial position and income statement would be in helping the Directors of Fruity Smoothies decide whether to take over the competitor. Justify your answer.

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