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Functions of Treasurer:-
(1) Cash Management: - It comprises the managing of cash receipts and cash payments of the business.
(2) Banking Relations: - It comprises operating bank accounts, banking relations and managing deposits and withdrawals etc.
(3) Credit Management: - It comprises determining the credit worthiness of the customers and arrangement for collection of credit sales.
(4) Assets Management: - It comprises arrangement for the disposal, acquisition and insurance of various assets.
(5) Securities Management: - It includes the investment of surplus funds of the business.
(6) Protecting Funds as well as Securities: - It comprises custody of funds and securities.
Home Inc. is considering buying a new piece of equipment, which will cost $715,000 and has an economic life of 5 years, in order to produce a new line of product. The company beli
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Accounting Rate of Return (ARR): This technique relies on the rate of return every project will earn over its life. It takes the help of accounting profit while calculating the
Describe the Concept of Block of Assets? (a) Comment on the techniques of Risk Analysis commonly employed in Capital Budgeting. (b) Define clearly the concept of block of as
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numericals with solutions
Profitability Ratios Profit Margin It is a measure of the profit margin of the company. This is important to gauge the financial position of the company.
They are issued in the local market, by a foreign borrower are usually denominated in the local currency. For example, Yankee bonds are USD denominated bon
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