Question
PART D: 2 Case Analysis, (2*15=30 Marks) of ABC Ltd. Receives cash at gradual and steady rate of Rs. 3,50,000 p.a. The cash can
PART D: 2 Case Analysis, (2*15=30 Marks) of ABC Ltd. Receives cash at gradual and steady rate of Rs. 3,50,000 p.a. The cash can be invested by the company to give a return of 12% p.a. However every time it invests it has to meet the transaction expenses of Rs. 50 plus 1% brokerage of the amount invested. Another investment broker has approached the company to take up the investment work. He has offered to charge Rs. 100 per transaction plus 0.8% of the amount invested. Should the company accept the offer? A BI
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