Anfield Ltd is a privately-owned trading company that operates a number of sports clothing and equipment stores in the North of England. The latest set of financial statements shows that it had a turnover of £5 million, with net assets of £6m (including a cash balance of £1m). The company is 100% owned by two brothers (each owning 50% of the ordinary share capital). The Directors are considering the need for a new central warehouse, and have been told that this would cost £3m in total to get it up and running. Advise the directors of Anfield Limited on the following: a）How to assess whether the project would be financially viable, and if the decision is made to go ahead, how the project would be financially managed and monitored b）How to fund the expansion
Anfield Ltd is a privately-owned trading company that operates a number of sports clothing and equipment stores in the North of England. The latest set of financial statements shows that it had a turnover of £5 million, with net assets of £6m (including a cash balance of £1m). The company is 100% owned by two brothers (each owning 50% of the ordinary share capital).
The Directors are considering the need for a new central warehouse, and have been told that this would cost £3m in total to get it up and running.
Advise the directors of Anfield Limited on the following:
a）How to assess whether the project would be financially viable, and if the decision is made to go ahead, how the project would be
b）How to fund the expansion
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