13 years ago 13 years ago

What are the short-term and long-term application of funds?

by BMS Team 13 years ago13 years ago

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Short term application of funds

Premium paid on redemption of preference shares & debentures.
Extra ordinary payments & non-recurring losses.
Repayment of temporary loan secured & unsecured.

Long term application of funds

Redemption of preference shares & debentures.
Purchase of fixed assets.
Purchase of investments.

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What are the short-term and long-term application of funds?

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