12. Ramnath Ltd. is dealing in import of organic food items in bulk. The company sem
Homs in smaller quantition in attractive packagen Performance of the company has been
up to the expectations in the past Koeping up with the latest packaging technology, the
company decided to upgrade its machinery. For this, the Finance Manager of the
company, Mr. Vikrant Dhull, estimated the amount of funds required and the timings. This
will help the company in linking the investment and the financing decisions on a
continuous basis.
Therefore, Mr. Vikrant Dhull began with the preparation of a sales forecast for the next four
years. He also collected the relevant data about the profit estimates in the coming years
By doing this, he wanted to be sure about the availability of funds from the internal
sources. For the remaining funds he is trying to find out alterative sources.
Identify the financial concept discussed in the above paragraph Also, state any two points
of importance of the financial concept, so identified (3)
nincs was doing well
Answers
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Answer:
he is dealing with institutions of technology
Explanation:
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Its correct.................
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