SARBJOT SINGH ND15471 UNIT- 6410
Task 1
Q1.1) (E1.4)
Identify sources and costs of funding and optimal funding term
According to the Nicole’s, the funding sources are $100,000 from decreased relative
He got a loan of $180,000 from bank and $2million is from student fees.
The several types of cost of funding are 8% interest on $180, 000 and 20% taken by the agents as commission on$ 2 million’s student’s fee.
At this stage no further funding is needed however, personal loans, credit card etc. are alternatives to optimize funding.
Q1.2)
Identify; short, medium, and long term financial performance indicators and targets are established to enable on-going monitoring of financial …show more content…
Shareholder’s equity
Plus Net profit after tax
Shareholder’s equity at end $100,000
$809,480
$909,480

The financial and statutory reporting is conducted in accordance with legal, administrative, and business planning requirements by following two act that is Company Act 1993 and Financial reporting act 1993.This act shows all the requirements which is need to follow the finance in legal way.
Q 3.4(E2.8)
Note how business operations are to be monitored, and actions taken to ensure achievement of financial performance targets, and profit and return on investment objective
Business operation can be monitored by updating daily expenses and income of the company. They have to submit their financial records for board meeting and person who charged, they need to make financial report at the end of each financial year. They also have to keep tracking their profit and its decreasing from long time and their expenses are increasing.
TASK4 Q
4.1 (E.24) (2.5) (2.6) (2.7)

Current Assets Bank
Less Current Liability Income tax payable Bank loan
Shareholder’s assets at the end