Outcome 1: Understand the sources of finance available to a business Outcome 2: Understand the implications of finance as a resource within a business Outcome 3: Make financial decisions based on financial information Outcome 4: Evaluate the financial performance of a businessTASK 1: Sources of Finance To be completed and submitted by the 25th May 2015 You have to advise XYZ PSC, a public stock company registered in UAE. The company is one of the largest manufacturers and exporters of various garment products in UAE. XYZ PSC – Financial Summary (latest available data provided by company) Annual revenues – AED 600 million Profit – AED 30 million Assets – AED 350 million Retained earnings – AED 80 million Cash available at latest available date – AED 25 million The management of the company is in the process of evaluating expansion plan related to opening of a new factory in UAE. Estimated amount of investment is AED 150 million. You were asked to prepare a business report covering the following: (LO 1.1) Identify and discuss the main sources of finance available to XYZ PSC. Include discussion on internal, external, long-term, short/medium-term sources of finance available to XYZ PSC. (LO1.2) Assess the implications of the different sources of finance available to Z\XYZ PSC. Include discussion on advantages and disadvantages of each source of finance considering legal and financial implications. (LO1.3) Evaluate appropriate sources of finance for XYZ PSC who need to decide on choice of financial funds for opening new factory which will require capital for the following: a) Additional plant and production equipment b) A fleet of ten heavy transport vehicles c) Day-to-day operations