Question

Mr. Parekh invested rs. 52000 on rs. 100 shares at a discount of rs. 20 paying 8% divided. At the end of one year, he sells the shares at a premium of rs. 20. Find (i) the annual dividend (ii) the profit earned including his dividend.

Answer 1

Functions Of Cash Management. Cash management is concerned with the management of cash inflows, outflows and cash flows within the firm. It also includes the matters relating to financing of deficit and investment of surplus cash so as to maintain optimum cash balance.