SCENARIO You are in a small business as a sole trader. You wish to purchase some new machinery costing £50,000. Capital expenditure may be financed by a variety of external sources (as well as internal). Capital investment appraisal is an important decision-making function. The selection of a particular project and the most appropriate means of financing it are difficult decisions to make. As a senior manager you will receive some expert advice on what you can do. Ultimately, the final decision will be one for you. 1.1 A review of the 8 sources of funding available to business and service industries (AC1.1) 1.2 An evaluation five of the contribution made by various methods of generating income for a large chain restaurant. (AC1.2)