TAILIEUCHUNG - Lecture Business finance - Chapter 9: Sources of short-term debt

Learning objectives of this chapter include: Identify the main forms of short-term borrowing by Australian companies, understand the characteristics of trade credit and calculate the implied interest rate, understand the main forms of bank lending and appreciate when each may be suitable to a borrower’s needs, | Chapter 9 Sources of Short-Term Debt 2 2 2 2 2 2 Learning Objectives Identify the main forms of short-term borrowing by Australian companies. Understand the characteristics of trade credit and calculate the implied interest rate. Understand the main forms of bank lending and appreciate when each may be suitable to a borrower’s needs. 3 3 3 3 Learning Objectives (cont.) Understand debtor finance, inventory loans and bridging finance, and be able to distinguish between them. Understand the basic features of the interbank cash market. Understand the process of using promissory notes and bills of exchange to raise funds. Calculate prices and yields for promissory notes and bills of exchange. 3 3 3 3 Introduction ‘Short-term debt’ is defined as debt due for repayment within a period of 12 months. The major short-term borrowing choices available to Australian companies are: Trade credit. Borrowing from banks and other financial institutions. Issuing short-term marketable debt .

• Tài chính doanh nghiệp
• Business finance
• Lecture Business finance
• Capital market
• Financial management
• Short term debt
• Trade credit
• Sources of finance
• Leasing finance
• Sources of long term finance
• Long term finance
• Equipment finance
• Ordinary shares
• Long term debt
• Dividend Policy
• Capital structure
• Capital structure decisions
• Capital market efficiency
• Futures contracts
• Option markets
• Analysis of takeovers
• International financial management
• Management of short term assets
• Financial decisions
• Financial mathematics
• The time value of money
• Project evaluation
• Project evaluation methods
• Portfolio theory
• Aasset pricing
• Financial intermediaries
• Sources of short term debt