a. Analyse the costs of different sources of finance by analysing the tangible and intangible costs of different sources of finance-Tax effect & tangible costs of finance-like interest,dividends;opportunity costs.

b. Explain the importance of financial planning by supporting your theory using case-5 as an example. Use the concept of cash budgeting & implications of failure to finance adequately.

case

A rugby club is anticipating turning fully professional after the team secured promotion to the zuric premiership. To take is place in the league,the league committee has insisted that it also improve facilities at the ground. It has been estimated that the cost of these two measures will be £550,000.

c. Assess the information needs of different decision makers by defining information and then explain its importance in decision making in organisations.

d. Explain the impacts of finance on the financial statements(Explain financial statements and give examples as well. Use the different given examples of financial statements to explain how various sources of financial statements appear on them -for instance,income statement,balance sheet,statement of cash flows,and statement of equity.)