Question

5) The marketing manager of Swastik 1 point
Ltd has shown keen interest in
scanning the business environment.
The study of business environment
provided him with the information
that in the coming year there were
indications of the weather being very
cold. On the basis of this
information's, he decided the double
the production of Woolen products.
Looking at the production target, the
finance manager thought they would
need more fund of 10 Crore. He
arranged this amount this amount
immediately. The company got this
amount at the interest rate of 8.50%
per annum whereas current rate of
interest in the market was 8.25%. On
the basis of given case, identify
whether the finance manager is.​

Answer 1

Answer:

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