LESSON NO1
LOWER SIXTH COMMERCIAL
LESSON NOTES WEEK 23RD TO 27TH MARCH 2020
TAM
Class : Lower sixth commercial
Subject. Commerce and Finance
Lesson notes
Topic : Sources and Form of finance.
Objective: By the end of this lesson the students should be able to Explain Two sources of finance and know 4 of it's characteristics.
I)Definition
Finance is money that is made available for investment in a business enterprise. It is usually considered as wealth kept aside for the production of further wealth by economists, thereby including fixed assets like machine and equipments, used in generating a firm's sales items.
II) Form of capital
Capital can be classified by its sources into
a) Equity Capital
b) Debt Capital and Special purpose capital
1 Equity capital or self financing.
This are capital that is owned by a business venture or raised from ownership sources. It is made up of ordinary share and retained earnings.
Features of Equity capital
- It is owned by the business.
- It is Free i.e carriers. no interest cost.
- It requires on repayment pressure
- It require no collateral security
2) Advantages of Equity capital.
- It is cheap because it carriers no interest.
- The assets of the firm are not at risk since it requires no collateral security.
- It save time since procedure are shot.
- The firm using it has absolute control of it's operations without repayment pressure.
3) Disadvantages of Equity capital.
- It reduces the firm's cash position
- It can lead to mismanagement for cash resources because of the absence of repayment need.
- It could lead to inefficiency for the same reason
LESSON NO2
WEEK BEGINNING 23RD TO 27TH MARCH 2020
ICT REVISION QUESTIONS FOR U6 COM.
GO TO THE ATTACHEMENT TO HAVE TO LESSON AND QUESTIONS
Welcome to our Business Sixth Form at King David Comprehensive college
King David’s Business Sixth Form is extremely popular and highly successful, with students achieving very high standards. Along with the rest of the school, our Sixth Form was judged Outstanding by Cameroon GCE Board 2017/2019 in its 2017 inspection. We offer a wide range of courses – over 6 A levels are available, as well as Social Care such as Needle work, cooking, home economics, home management.....
The breadth of courses we offer is greatly enhanced by our membership of the Cameroon GCE Board Sixth Form Collegiate: we work in partnership with local high schools and colleges to ensure that all our sixth formers can follow their desired pathway. Our school’s ethos of high expectations and individual care and support continues into Sixth Form.
In addition to outstanding teaching and learning, our Sixth Formers enjoy a wide range of trips and activities and are expected to carry out leadership roles in the school and local community. This is reinforced by a rigorous pastoral programme, developing further the spiritual, moral, social and cultural education which students receive all the way through their time at King David Comprehensive High School.
Apply to King David Sixth Form Business from August after your O Level
Information about all of the courses we offer can be found in the brochure below. Please contact the school if you have any enquiries about the courses that we offer or the application process for the Sixth Form.
Below, you will also find our Application Form and Bursary Application Form.
To apply to our Sixth Form, please carefully read and complete an application form.
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Sixth Form
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