Muscat Manufacturing Oman LLC, a leading manufacturer in plastics is planning to expand its operations in Muscat. The corporate financial adviser has submitted the financial requirement for the expansion to the board of directors. The report reveals that the company needs to raise a total of RO 40 million to sustain the new project. The company’s last year profits were recorded as RO 20 million.
Assuming that you are the financial manager of the company, what will be your proposal for the sources of finance?
1. Identify five short term and five long term sources of finance.
2. With reference to the above scenario, discuss the three advantages and three limitations of any two short term and any two long term sources of finance suitable for the given scenario.
** Total Word Count = 1000 words Only.
** In-text Citation and References using CU Harvard Style.