A Textbook of Business Finance |
Contents
The Nature of Business Finance | 1 |
Forms of Business Organisation | 4 |
Internal Sources of Finance | 12 |
Shortterm Lenders | 16 |
Joint Stock Companies | 22 |
PART 2 | 25 |
Methods of Raising External Funds | 28 |
Capital Gearing | 34 |
Paper One | 112 |
Paper Two | 118 |
Paper Three | 125 |
Paper Four | 132 |
Paper Five | 142 |
Paper Six | 155 |
Paper Seven | 165 |
Paper Eight | 172 |
Leasing and HirePurchase | 38 |
The Cost of Capital | 42 |
Management of Working Capital | 48 |
Management of Cash and Securities | 57 |
Principles of Capital Budgeting | 65 |
Protection Against Risk | 74 |
Statements of Financial Information | 78 |
Ratio Analysis | 81 |
The Stock Exchange | 92 |
Central Bank of Kenya | 98 |
Commercial Banking | 103 |
Role of Public Financial Institutions | 107 |
Paper Nine | 179 |
Paper Ten | 188 |
Paper Eleven | 196 |
Paper Twelve | 205 |
Paper Thirteen | 213 |
Paper Fourteen | 223 |
Paper Fifteen | 235 |
Paper Sixteen | 242 |
Paper Seventeen | 252 |
Paper Eighteen | 261 |
Paper Nineteen | 266 |
Common terms and phrases
amount ANSWER balance sheet bills borrowing broker budgets BUSINESS FINANCE calculated capital employed capital structure cash flows central bank charge commercial banks company's converted cost of capital creditors current assets current liabilities customers debentures debtors deposits depreciation discount dividend yield Earnings per share earnings yield equity capital equity shares expenses factors firm firm's fixed assets future geared hire-purchase holders income increase industry inventory investment investors issue of shares leasing lending loan long-term market price market value maximisation ment method Nairobi Stock Exchange needs operations ordinary shareholders ordinary shares overdraft owners P/E ratio paid payable payment period preference shares present value Price Earnings Ratio production purchase QUESTION raising rate of return raw materials reserves retained earnings return on assets risk securities sell share capital short-term Stock Exchange total assets trade credit turnover ratio