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1.1 Capital: What are the two basic sources of funds for all businesses? The two basic sources are debt and equity.

1.7 Management role: What are some of the working capital decisions that a financial manager faces? Some of the capital decisions that a financial manager faces is that they need to make sure they have enough cash/money in the business and maintaining the cash flow.

1.8 Organisational form: What are the three basic forms of business organisation discussed in this chapter? The three basic forms of a business are sole trader, partnership and company. Sole trader is held by one individual with no partnership and has employees. Partnership is a business operated by two or more people and the profit is shared in-between them .in that case the business could success because it runs by two or it can fail because there will be miscommunication and greediness in business. A company could be private or public; it is built up and operated by shareholders.

1.6 Management role: What is capital structure, and why is it important to a company? The capital structure consists of debt and equity. Capital structure is the financial of the business. The capital structure is important because it determines and manages the finance of the business....