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Question 4 Mr. Smith has a manufacturing company which he established in England as a limited liability Company is five years ago. He chose Fine

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Question 4 Mr. Smith has a manufacturing company which he established in England as a limited liability Company is five years ago. He chose Fine Furniture as the name of the company. The company has developed a good reputation not only in the England but also in other European countries. This reputation has encouraged him to establish a new plant in Scotland. Mr. Smith has asked you to guide him on the following matter. Questions: 1. Identify possible sources of short term and long-term financing for the new project. (10 marks) 2. 2 Recommend appropriate sources of short and long-term financing for the new plant and support your answer with a logical explanation of your selection. (10 marks) (Total marks 20)

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