Long-Term Debt
What are Long-Term Debt and what are their main parts.
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Long-Term Debt: Promises made by the issuing firm to pay principal whenever due and to make timely interest payments on the not paid balance (that is, notes, debentures, bonds etc).Public issues – provided to the general publicPrivate placement – directly positioned with a lender or group of lenders
Financial Management: It means organizing, planning, directing and controlling the financial activities like procurement and use of funds of enterprise. This means exerting general management principles to the financial resources of enterprise. <
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Capital goods: Goods employed in producing other goods are termed as capital goods.
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