Day: December 7, 2021

Classification of Debentures Classification according to security i) Secured debentures- these are secured against the company’s assets or have a fixed charge against the company’s assets. In the event of the company’s liquidation such debentures will claim from that particular Read More …

Classification of Debt Finance Short term finance This ranges from 1 month up to 4 years and is given to customers known to the bank or to lenders. The agreement of this loan will mention both the repayments of principal Read More …

SOURCES OF COMPANY FINANCE Introduction Companies have different alternatives for obtaining funds that is used to finance investment project. They can issue debt or equity securities to archive this goal. Some times lease is also used as an alternative for Read More …

Objectives of a Firm Profit maximization A company is an entity which invests its resources so as to gain maximum profit –this is a traditional objective of business or cardinal objective. The business must make profits; To give a return Read More …