[Udemy] Corp. Finance #14 Financing-Commons Stock & Preferred Stock
What you’ll learn
Clarify company financing choices
Outline and clarify the idea of a poison tablet because it pertains to company finance
Outline American Depository Receipts (ADRs) and the way they’re used
Describe majority voting and cumulative voting
Calculate the variety of shares required to have the ability to elect a sure variety of board members utilizing cumulative voting
Calculate the variety of board members that may be elected given a set variety of shares utilizing cumulative voting
Calculate inventory rights worth
Calculate most well-liked dividends in arrears
Fundamental understanding of company finance ideas
This course will cowl company financing choices utilizing frequent inventory and most well-liked inventory.
We’ll embrace many instance issues, each within the format of shows and Excel worksheet issues. The Excel worksheet shows will embrace a downloadable Excel workbook with no less than two tabs, one with the reply, the second with a preformatted worksheet that may be accomplished in a step-by-step course of together with the academic movies.
When fascinated with financing choices for an organization we will break them into the 2 most important teams of debt financing and fairness financing. This course will give attention to fairness financing. When contemplating fairness financing, we will additional break the financing choices down into the 2 most important classes of frequent inventory and most well-liked inventory, frequent inventory being what we often consider when contemplating fairness financing.
Widespread inventory represents firm possession. Most popular inventory has options associated to each debt and customary inventory. Most popular stockholders wouldn’t have the identical voting rights because the frequent stockholders. Nonetheless, most well-liked inventory usually has a precedence declare to dividend distributions and a precedence clam upon liquidation of the corporate when in comparison with frequent inventory.
We will even talk about the ideas of majority voting and cumulative voting. Almost about cumulative voting, we are going to contemplate calculations associated to the variety of shares required to have the ability to elect a sure variety of board members and the calculation to find out the variety of board members that may be elected given a set variety of shares.
The ideas associated to majority voting and cumulative voting could also be relevant in different setting as nicely, together with politics and never for revenue organizations.
Who this course is for:
- Enterprise college students
- Enterprise professionals