Accounts and finance

Table of Contents

1. Topic pack - Accounts and finance - introduction
2. 3.1 Sources of finance - notes
3. 3.1 Sources of finance - questions
   1. Forms of finance - case study
   2. Forms of finance - overdraft report
   3. Forms of finance - sole trader report
   4. Forms of finance - short answer questions
   5. Tesco: sale and leaseback
   6. SouFun: Flotation IPO
4. 3.2 Investment appraisal - notes
5. Investment appraisal
6. 3.2 Investment appraisal - questions
7. 3.3 Working capital - notes
8. 3.3 Working capital - questions
9. 3.4 Budgeting - notes (HL only)
10. 3.4 Budgeting - questions
11. 3.5 Final accounts - notes
12. 3.5 Final accounts - questions
13. 3.5 Final accounts - simulations and activities
14. 3.6 Ratio analysis - notes
15. 3.6 Ratio analysis - questions
16. 3.6 Ratio analysis - simulations and activities
17. Printable version

Tesco: sale and leaseback

Read the article Tesco funds more expansion abroad with $570m sale and leaseback deal and then have a go at the questions below. You can either read the article in the window below, or follow the previous link to open the article in a new window.

Question 1

Define the terms 'sale and leaseback' and 'joint venture'.

Question 2

Explain why Tesco has chosen to enter a joint venture to sell and leaseback a number of their stores.

Question 3

Examine three other sources of finance that Tesco could have used instead of sale and leaseback to fund their international expansion plans.

Question 4

Discuss the advantages and disadvantages of using sale and leaseback to fund further international expansion for Tesco.

Extension activity:

With reference to the Ansoff's Matrix, analyse the strategic growth options that Tesco have chosen to pursue.