Explain the important role played by financial institutions

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Problem 1: Explain the important role played by financial institutions and financial markets within the economy.

Problem 2: The board of directors has approached you as the financial manager to come up with a remedial approach to the company`s financial woes. They have tasked you with writing a report addressed to the Board of Directors that will inform them on the following:

  1. Identify and discuss three best different forms of short- term financing for business, including their respective merits and characteristics.
  2. Identify and discuss two best different forms of long -term financing, including their respective merits and characteristics applicable for the above situation.

Reference no: EM132964365

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