Explore BrainMass

Explore BrainMass

    Invest Idle Cash

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    One of the CFO's or controller's job is to invest idle cash and make sound investment decisions. What are some common products that can be used to earn some return in a short time on the idle cash?

    © BrainMass Inc. brainmass.com June 3, 2020, 7:58 pm ad1c9bdddf
    https://brainmass.com/business/accounting/invest-idle-cash-119127

    Solution Preview

    Some common products that can be used to earn some return in a short time on the idle cash are:

    1) Commercial Paper it is a unsecured promissory notes issued by firms to raise short-term funds. Thus if one has surplus money the organization can invest in commercial paper of the of the organization.

    Merits
    ? High ...

    Solution Summary

    This solution describes common products that are able to earn return quickly with idle cash.

    $2.19

    ADVERTISEMENT