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Q. No.5: You are working for M/s Sunshine Textile Industries, In the current scenario of...

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Q. No.5: You are working for M/s Sunshine Textile Industries, In the current scenario of covid19, international market (Buyer) is totally unstable and back off their already committed contract/orders, on the same time raw material suppliers reduce rates of the cotton up to 30% due to shortage/less demand and keep trying to circulate their finances. But on the other side, Government launch a scheme for stability of economy and to increase the reserves of the country by increasing interest rate from 12% to 19% on national saving short term deposits. Keeping in mind the above situation, you need to take a decision of: Buying extra raw material on less rates for future forecast of increase of demand of your products after lockdown of corona virus. Or investing extra funds with the new scheme of national saving by government with high interest rate. What will be your decision as a Finance Manager for the best interest of the organization and support your decision with reasons

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