Module Objectives:
- Define Key Terms
- Define the differences between debt and equity
- Capital Structure
- Identify benefits and drawbacks to various capital structure configurations
- Debt Characteristics
- Explain concepts of principal, interest, payment priority, and covenants
- Debt Types
- Describe the various types of debt issued in the capital markets
- Debt Ratios
- Calculate key debt ratios
- Equity Review
- List key equity accounts and define differences in contributed capital