Which bird is featured on New Zealand’s one dollar coin?
Options
A) Pigeon
B) Parrot
C) Kiwi
D) Sparrow
Answer Explanation
The correct answer for the given question is option C) Kiwi
Finance
Finance
Inventory Financing – Methods of Inventory Financing | Short Term Financing
Inventory Financing | Methods of Inventory Financing | Short Term Financing | Corporate Finance Inventory Financing Inventory financing is the process of obtaining short-term funds using inventories of the firm as collateral. There are mainly three types of inventories. They are finished goods, work-in-process, and raw materials. Finished goods and raw materials are more marketable … Read more
Field Warehouse Receipt Loans – Inventory Financing | Short Term Financing
Field Warehouse Receipt Loans | Inventory Financing | Short Term Financing | Corporate Finance Under a field, warehouse financing agreement inventories used as collateral are separated from the firm’s other inventories and placed under the control of third-party field warehousing. Under this arrangement, a field warehousing company sets off a designated storage area on the … Read more
Floating Liens – Inventory Financing | Short Term Financing
Floating Liens | Inventory Financing | Short Term Financing | Finance A floating lien is a method of obtaining funds by pledging all types of inventories in general without specifying the current assets. Under floating liens, the lender has the right to lien all types of inventories in case of default of the loan. The … Read more
Chattel Mortgage – Meaning and Key Benefits | Car and Equipment Loans
Chattel Mortgage
Meaning of Chattel Mortgage |
A chattel mortgage is a method of obtaining funds by pledging specifically identified personal properties or inventories. Under the chattel mortgage method, inventories are identified by serial number or by some specific character. Those pledged inventories are owned and hold by the borrower but the lender has full control over them. Inventories cannot be sold without the consent of the lender. Firms with rapid turnover may face the problem of identification of that particular inventory.
So, chattel mortgages are well suited for certain finished goods inventories of capital goods such as machine tools. As the name suggests, a chattel mortgage is a finance agreement that allows a borrower to receive funds for the purchase of an asset. The lender accepts that financed asset as collateral for the loan.
Trust Receipt Loans – Inventory Financing | Short Term Financing
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Terminal Warehouse Receipt Loans – Inventory Financing | Short Term Financing
Terminal Warehouse Receipt Loans | Inventory Financing | Short Term Financing | Corporate Finance The terminal warehouse agreement differs from the field warehouse agreement in only one respect. Here the inventories pledged as collateral are transported to a public warehouse that is physically removed from the borrower premises. The lender has an added degree of … Read more
Short Term Financing – Characteristics, Advantages and Disadvantages | Corporate Finance
Short Term Financing
Meaning of Short-Term Financing
Short-term financing consists of all those liabilities that are originally scheduled for repayment within one year. Short-term financing is used to finance the working capital of the firm. The firm uses this short-term financing to enhance its operating efficiency of the firm. The funds from short-term financing are used to cover day-to-day expenses such as the purchase of raw materials, salary, wages, etc.
The requirement of short-term financing depends upon the nature, goal, and operation of the firm and the selection of sources of funds depends on respective risk, maturity periods, cost, and provisions for the respective financing sources. Here, Short term financing is all about selecting the sources of funds that have the lowest cost and risk and fits the firm’s policy as well. Different short-term financing sources are evaluated based on the respective cost and requirements of the firm.
Common Stock Issue – How to Issue Common Stocks | Methods of Issuing Common Stocks
Common stock represents the ownership of the company which indicates that they are the real owners of the company. The share price of common stock is generally issued at par value(In Nepal @Rs 100) .Shares of Common Stock can be issued using various methods. Following are the three main methods of issuing common stock.
Investment Banking Process- What are the steps to become an investment banker? | Corporate Finance
Investment Banking Process | What are the steps to become an investment banker? | Corporate Finance Investment Banking Process Investment banking process involves the step by step activities that is carried out to raise money through initial public offering by the help of investment bankers. The investment banker is a financial intermediary acting between buyer … Read more
Investment Banker – Roles and Duties of an Investment Banker | Investment Management
Investment bankers are the middlemen or agent of security offering company and investors. Investment bankers are organized security selling institutions or individuals those purchase securities from issuing company and sell to investors. Investment banker play crucial role on making market and distribution of securities. Primary function of Investment banker is to help companies in raising capital.
Preemptive Rights – Main purpose of Preemptive Rights to Shareholders | Finance
Preemptive Rights
Preemptive Rights Meaning
Preemptive right is the special privilege given to existing shareholders of company. It gives the common stockholders the first option to buy a specific numbers of additional issues of common stock on subscribe price on pro-rata basis before the stock is offered to the public. This provision is made in either company charter or in laws.