"Fund raised through commerical
paper
are used to meet floatation
cost". What is this process called?
Answers
Explanation:
Given,
Perimeter of top circle having radius (r) is
2πr=6 cm
Perimeter of bottom circle having radius (R) is
=18 cm
Slant height of frustum of cone l=4 cm
Hence,
Radius of top circle r=
2π
6
=
π
3
cm
Radius of bottom circle R=
2π
18
=
π
9
cm
Hight of frustum of cone is
h=
l
2
−(R−r)
2
h=
4
2
−(
π
9
−
π
3
)
2
cm
h=
16−(
π
6
)
2
cm
h=
16−
π
2
36
cm
h=
12.35244
cm
h=3.5146 cm
curved surface area of frustum of cone =π(R+r)l
=((R+r)l)π
=((
π
9
+
π
3
)×4)π cm
2
=((
π
12
)×4)π cm
2
=(
π
48
)π cm
2
=48 cm
2
Total surface area of the frustum of cone=48 cm
2
Answer:
It is negotiable and transferable by endorsement. The funds raised through Commercial Paper can be used for fulfilling seasonal and working capital need. For example, for meeting the floatation cost at the time of issue of shares and debentures i.e. Bridge Financing.
Hope this helps you mate ✌️
take care!