Question

Cpl dll parts on a question logemei.
The Managing Director of 'Lal and Lal Blanket Put. Ltd.' remains very watchful about the changes
taking place in 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, he decided to double the production of blankets. Looking at the production goal,the finance manager thought they would need more funds of rupees
5 crore only. He arranged this amount immediately. The company got this amount at the interest rate of 9% per annum, whereas the current rate
of interest in the market was 8.75%.
On the basis of the case given above, explain that the finance manager of the company is efficient
and effective.​

Answer 1

hi

Explanation:

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