BU111 Study Guide - Midterm Guide: Debenture, Swot Analysis
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BU111 Full Course Notes
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Stakeholders individuals/groups who depend on a company for personal goals. If unclear about success factors, and direction, the firm can potentially go bankrupt. Management"s primary objective devise and implement strategies that will allow the organization to achieve critical success factors. Bonds/debentures large corporations use this to finance operations, and securities. Abc 7 of 30 - 7% interest date of maturity, 2030. We always assume bonds are 20 years in bu111. First in line when companies fall apart, and have to liquidate their assets: order of liquidation. Must pay in full before moving onto the next group. Mortgage bonds real property land building. Collateral trust bond stocks and bonds. Debenture no collateral, bondholders are unsecured. No date of final maturity, can sell anytime you want. Liquidation rights (all debts to preferred stocks must be paid in full first) Ask is the lowest per share anyone is willing to sell. Bid is the highest per share anyone is willing to buy.