Fight Finance

Courses  Tags  Random  All  Recent  Scores

Scores
keithphw$6,001.61
Yizhou$489.18
Visitor$462.43
Visitor$370.00
allen$340.00
Donnal$190.00
Visitor$150.00
Visitor$119.09
Mahmood$109.43
Visitor$100.00
Visitor$60.00
Visitor$60.00
Visitor$50.00
Koushik ...$43.45
Visitor$40.09
Visitor$40.00
Joe figh...$40.00
Visitor$40.00
Visitor$39.09
Visitor$30.00
 

Question 120  credit risk, payout policy

A newly floated farming company is financed with senior bonds, junior bonds, cumulative non-voting preferred stock and common stock. The new company has no retained profits and due to floods it was unable to record any revenues this year, leading to a loss. The firm is not bankrupt yet since it still has substantial contributed equity (same as paid-up capital).

On which securities must it pay interest or dividend payments in this terrible financial year?




Copyright © 2014 Keith Woodward