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Tuesday, January 26, 2010

Financial Resources- Short-term and Long-term

Contents
• Difference between short-term and medium-term/long-term in terms of duration
• Differences in objectives of short-term and longer duration resources
• Financial instruments – concept of securities issued by limited companies for raising resources
• Short-term resources
• Medium and long-term resources
• Characteristic features of these resources
• New instruments introduced in India

At the end of the chapter the student will be able to
• Choose between short-term and long-term source depending upon the objective
• Determine the best-suited resource among the various short-term and long-term resources
• Apply the characteristic features of new instruments and incorporate them in a given business depending upon their characteristic features and advantages

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