Question 7 (14 marks) Winery Ltd, an Australian wine company, is planning to raise funds to purchase a winery in France. Winery Ltd is considering whether to fund this investment from offshore borrowing. 1. Identify and explain 2 advantages and 2 disadvantages of raising funds abroad. (4 marks) 2. Provide detailed advise on whether Winery Ltd should raise funds abroad to make an investment abroad. (4 marks) 3. Explain how raising funds from issuing shares (equity) or borrowing from the bank (liability) would affect the financial reporting. ( 6 marks)