FINM2401 Study Guide - Final Guide: Trade Credit, Interest, Market Capitalization
Document Summary
Finm2401 notes firms: of companies. (in partnership, limited. 4 trusts proprietorship, and and corporation). proprietorship: son. No: sole per firms(cid:495) debt, partnership: more than one owner. All for particular debt and partner owner for are has liable any have a less liability. limited liability also no rights but ends upon death: partnership debt. partner; of partners can chase o can who, limited partner. Partnership: linked input/investment. purely: corporation: legally, formation: corporation. Owners their capital liability to defined artificial being. legal entity from its owners. represents ownership. Maximise shareholder wealth and stock and firms: of value. Nasdaq. provide asset for for. it market: liquidity: close to. Ask price: ask>bid investors. buy will will sell at. at. Taxes on are dividends paid on profits and. Corporate of company; bankruptcy: transferral conversion to compare dollar of necessary a today(cid:495)s at rate: an the today(cid:495)s benefit today interest rate at or value. do in money to year(cid:495)s a a.
