Corp. Finance #14 Financing-Commons Stock & Preferred Stock
Learn corporate financing options related to common stock & preferred stock form a certified public accountant CPA
1710 Financing with Common Stock & Preferred Stock Overview
1715 Use of Rights in Financing Company
1716 Poison Pills
1720 American Depository Receipts (ADR)
1725 Preferred Stock Financing
1711 Residual Claims to Earnings
1712 Poison Pill
1713 Cumulative Voting Prob. 1
1714 Cumulative Voting Prob. 2
1715 Cumulative Voting Prob. 3
1716 Cumulative Voting How Many Directors Can We Elect
1718 Dissident Stockholder Group Cumulative Voting Multiple Scenarios
1721 Rights Offering Introduction Problem
1722 Rights Offering Rights Valuation Calculation
1723 Rights Offering - Shares that Could be Acquired Calculation
1724 Stock Rights Investing Scenario
1725 Rights Impact on Asset Position
1726 Rights Offering, EPS, & Price Earnings Ratio
1727 Investment Options Including Preferred Stock Tax Impact
1728 Preferred Dividends in Arrears
1729 Dividends in Arrears Paid Off Through Issuing Bonds
1730 Dividends in Arrears Paid Off Through Issuing Stock
1731 Preferred Stock Borrow & Invest Decision
1732 Preferred Stock Floating Rate
1711 Residual Claims to Earnings
1712 Poison Pill
1713 Cumulative Voting Prob. 1
1714 Cumulative Voting Prob. 2
1715 Cumulative Voting Prob. 3
1716 Cumulative Voting How Many Directors Can We Elect
1718 Dissident Stockholder Group Cumulative Voting Multiple Scenarios
1721 Rights Offering Introduction Problem
1722 Rights Offering Rights Valuation Calculation
1723 Rights Offering – Shares that Could be Acquired Calculation
1724 Stock Rights Investing Scenario
1725 Rights Impact on Asset Position
1726 Rights Offering, EPS, & Price Earnings Ratio
1727 Investment Options Including Preferred Stock Tax Impact
1728 Preferred Dividends in Arrears
1729 Dividends in Arrears Paid Off Though Issuing Bonds
1730 Dividends in Arrears Paid Off Through Issuing Stock
1731 Preferred Stock Borrow & Invest Decision
1732 Preferred Stock Floating Rate
This course will cover corporate financing options using common stock and preferred stock.
We will include many example problems, both in the format of presentations and Excel worksheet problems. The Excel worksheet presentations will include a downloadable Excel workbook with at least two tabs, one with the answer, the second with a preformatted worksheet that can be completed in a step-by-step process along with the instructional videos.
When thinking about financing options for a corporation we can break them into the two main groups of debt financing and equity financing. This course will focus on equity financing. When considering equity financing, we can further break the financing options down into the two main categories of common stock and preferred stock, common stock being what we usually think of when considering equity financing.
Common stock represents company ownership. Preferred stock has features related to both debt and common stock. Preferred stockholders do not have the same voting rights as the common stockholders. However, preferred stock generally has a priority claim to dividend distributions and a priority clam upon liquidation of the company when compared to common stock.
We will also discuss the concepts of majority voting and cumulative voting. With regards to cumulative voting, we will consider calculations related to the number of shares required to be able to elect a certain number of board members and the calculation to determine the number of board members that can be elected given a set number of shares.
The concepts related to majority voting and cumulative voting may be applicable in other setting as well, including politics and not for profit organizations.