Corporate Finance notes

Corporate Finance notes - o Firm sells debt(loan agreements...

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Chapter 1: Introduction to Corporate Finance Balance Sheet o On balance sheet, assets of the firm are on the left side; can be fixed or current o Fixed assets- those that will last a long time. Ex: buildings o Current assets- those that have short lives. Ex: inventory o Forms of financing represented on the right side of the balance sheet
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Unformatted text preview: o Firm sells debt (loan agreements) and equity shares (stock certificates) o Current liability- short term debt; loans or obligations that must be repaid within a year o Long term debt- debt that doesnt have to be repaid within a year...
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