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Financial Instruments in Money Market or Discount Markets
Financial Instruments in Money market involve as:
1. Commercial paper
2. Bills of exchange
3. Treasury bills
4. Promissory notice
5. Bankers certificate of deposit
6. Bank overdrafts
These instruments are sold through commercial banks, discounting houses, merchant banks, acceptance houses, and government also.
Working Capital a) Working capital or called gross working capital also, refers as current assets. b) Net working capital refers to current assets minus current liabilities
Financial statement
The construction of a highway is broken into 14 activities as shown in the following table. Draw a bar chart of this construction project. Activity ID Desc
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Disadvantages of Payback Period 1. Does not receive into account time value of money and supposes that a shilling obtained in the 1 st year and in the N th year have the sim
How is the channelling of funds from savers to spenders very important? The channelling of funds by savers to spenders is very significant for two purposes: • One, lender-sa
what are the scopes of this study
Valuing Preferred Stock Gest, Inc has an issue of preferred stock outstanding that pays a $4.50 dividend every year in perpetuity. If this issue currently sells for for $79.85 per
BalanceSheet format
Discuss business taxes and their importance in financial decisions
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