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Financial Reporting > Financial Management > Flashcards

Financial Management Flashcards

1
Q

What is an IPO

A

Initial public offering

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2
Q

what is a right issue

A

an invitation for additional shareholders to buy more shares in the company at a discounted price

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3
Q

what is a subscription price

A

the price existing shareholders can pay for a share

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4
Q

what is a sinking funds arrangement

A

an insurance to debt holders. its an account managed by the bond trustee for the purpose of repaying the bonds . typically customer makes yearly payments to trustee

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Financial Reporting (2 decks)

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