Business Studies, asked by jadhavmunja4, 9 months ago

5 Justify the following statements.
Public deposit is good source of short term finance.​

Answers

Answered by dubenikhil331
2

Answer:

Reasons: (1) Public deposits are an important source of financing short term requirement of company. Companies generally receive public deposits for the period ranging from 6 months to 36 months. (2) Under this method, general public is invited to deposit their saving with the company for varied period.

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