Rapidly Rising Corporate Debt: Are Firms Now Vulnerable to an Economic Slowdown
Letter of Transmittal
Dr. Dilip Kumar Sen
Professor
School of Business
Independent University Bangladesh (IUB)
Subject: Submission of Financial Management report.
Dear Sir,
With due respect, I would like to inform you that I have completed the Financial Management report on “Rapidly Rising Corporate Debt: Are Firms Now Vulnerable to an Economic Slowdown”.It is immense pleasure for me because I have successfully completed this report by receiving your continues guideline as a supervisor.
I have endeavoured to prepare this report from my level of best to accumulate relevant & insightful information. If I am included any wrong information in unconsciously so please forgive me as your student. It is a great experience for me to make this report. I have tried to make the report comprehensively with in the schedule time & limited recourse.
I make to ensure you that if you have any query about any matter collecting information regarding this report so please ask me and I will best try to answer you.
You’re Sincerely
Farhana Haque
ID: 0920141
MBA (Major in FIN)
Independent University Bangladesh (IUB)
Executive Summary
Financial management is an exciting, challenging, planning directing, monitoring, organizing, controlling and ever-changing discipline. Changing technology and increased globalization are dramatically transforming financial practices and markets. Financial management is concerned with the acquisation, financing and management of assets with some overall goal in mind. Basic financial management includes activities such as managing the day-to-day operations of a business, such as paying suppliers, cost of capital, and budgeting. It also includes making long-term investments in plant and equipment and obtaining the money or financing for your operations. New business leaders and managers have to develop at least basic skills in
Dr. Dilip Kumar Sen
Professor
School of Business
Independent University Bangladesh (IUB)
Subject: Submission of Financial Management report.
Dear Sir,
With due respect, I would like to inform you that I have completed the Financial Management report on “Rapidly Rising Corporate Debt: Are Firms Now Vulnerable to an Economic Slowdown”.It is immense pleasure for me because I have successfully completed this report by receiving your continues guideline as a supervisor.
I have endeavoured to prepare this report from my level of best to accumulate relevant & insightful information. If I am included any wrong information in unconsciously so please forgive me as your student. It is a great experience for me to make this report. I have tried to make the report comprehensively with in the schedule time & limited recourse.
I make to ensure you that if you have any query about any matter collecting information regarding this report so please ask me and I will best try to answer you.
You’re Sincerely
Farhana Haque
ID: 0920141
MBA (Major in FIN)
Independent University Bangladesh (IUB)
Executive Summary
Financial management is an exciting, challenging, planning directing, monitoring, organizing, controlling and ever-changing discipline. Changing technology and increased globalization are dramatically transforming financial practices and markets. Financial management is concerned with the acquisation, financing and management of assets with some overall goal in mind. Basic financial management includes activities such as managing the day-to-day operations of a business, such as paying suppliers, cost of capital, and budgeting. It also includes making long-term investments in plant and equipment and obtaining the money or financing for your operations. New business leaders and managers have to develop at least basic skills in
References: Altman, E. I. 1968. “Financial Ratios, Discriminant Analysis, and the Prediction of Corporate Bankruptcy.” Journal of Finance 23, http://citeseerx.ist.psu.edu/viewdoc/similar;jsessionid=981069180485ECB050D689C228289293?doi=10.1.1.203.4781&type=ab Begley, J., J. Ming, and S. Watts. 1996. “Bankruptcy Classification Errors in the 1980s: An Empirical Analysis of Altman’s and Ohlson’s Models.” Review of Accounting Studies How to Handle Short-Term Debt | eHow http://www.ehow.com/how_5730141_handle-short_term-debt.html#ixzz2UnvAlUAI Shumway, Tyler. 1999. “Forecasting Bankruptcy More Accurately: A Simple Hazard Model.” Unpublished paper, University of Michigan–Ann Arbor Business School.