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Investing Surplus Cash: Cash not required for temporary periods of short durations can be invested in near-cash assets, i.e. marketable securities which are readily convertible into cash. Even though the cash is temporarily ideal, it should not be kept so because if the firm has an opportunity to earn interest through investing it in marketable securities, why should it/riot avail of the same. The selection of the securities should, however, be made very cautiously.
Question 1 State the key functions of the financial market. Question 2 Define "Bill of exchange". What are its features? Give different types of cheques. Question 3
How to use integrated promotional mix to achieve marketing objectives
What is the Discount and Premium? Describe please.
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