Total current liabilities Revenue Cost of sales Operating profit Finance cost 53] In the annual report to the shareholders, the CEO of DSS wrote, "2013 was a good year for the firm with respect to our ability to meet our short-term obligations. We had higher liquidity largely due to an increase in highly liquid current assets (cash, account receivables and short-term marketable secrnities)." Is the CED correct? Provide your opinion and use only relevant information in your analysis uestiun 2 a) 33) Financial markets go by many terms, which include capital markets, KLSE and even simply "the markets." Whatever you call them, financial markets are where traders buy and sell assets. These include stocks, bonds, derivatives, foreign exchange and commodities. The markets are where businesses go to raise cash to grow. It's where companies reduce risks and investors make money. Required: i} Briey describe THREE {3} types of Financial Markets that are available in most of the modern economy [9 Marks} ii) Explain THREE {3) functions of a Financial Markets (6 Marks} A financial institution is an establishment that conducts financial transactions such as investments, loans and deposits. Ahnost everyone deals with financial institutions on a regular basis. Everything from depositing money to taking out loans and exchanging currencies must be done through financial institutions. Required: Explain with examples THREE (3) types of financial Institution in Malaysia. (10 Marks}