XYZ is considering the option to invest excess cash in short-term financial instruments. XYZ wishes to have access to the investments as quickly as possible in order to pay bills and meet employee payroll and have a return on their investment. Briefly discuss which factors you would be focusing on under each of the six (6) steps. Briefly describe the research tools available including the CCH Answer Connect and CCH Accounting Research.
XYZ is considering the option to invest excess cash in short-term financial instruments. XYZ wishes to have access to the investments as quickly as possible in order to pay bills and meet employee payroll and have a return on their investment. Briefly discuss which factors you would be focusing on under each of the six (6) steps. Briefly describe the research tools available including the CCH Answer Connect and CCH Accounting Research.
Introduction:
The commitment of an asset to increase in value over time is referred to as an investment. The loss of a current thing, such as time, money, or effort, is required for investment. The goal of investing is to make a profit from the asset you've put money into. A gain (profit) or loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), investment income such as dividends, interest, or rental income, or a combination of capital gain and income are all possible components of the return. Currency gains or losses owing to changes in foreign currency exchange rates may also be included in the return.
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