LO 16-1

Describe some common methods of managing current assets.

LO 16-2

Identify some sources of short-term financing (current liabilities).

LO 16-3

Summarize the importance of long-term assets and capital budgeting.

LO 16-4

Specify how companies finance their operations and manage fixed assets with long-term liabilities, particularly bonds.

LO 16-5

Discuss how corporations can use equity financing by issuing stock through an investment banker.

LO 16-6

Describe the various securities markets in the United States.