Pt.1. The Financing of a New Enterprise
Raising Capital by Stock Issues
Fixed-Charge Securities
Other Bond Characteristics-Amortization
Capitalization-Quantitative Considerations
Qualitative Considerations-Proper Relationships Between the Various Types of Security Issues
The Role of the Promoter
Legal Control of Promotion Activities and the Distribution of Securities
Criteria of Successful Forethought
Pt.2. Current Operations
Problems of Solvency
Tests of Solvency
Borrowing Operations
The Financial Budget
Forecasting
Employee Stock-Ownership
Pt.3. Treatment of Earnings
The Nature of the Income Statement
Washing Assets
Surplus and Special Reserve Accounts
Dividend Policy
Testing and Interpreting the Income Statement
Pt.4. Expansion
Expansion-Its Forms and Motivating Causes
Economic Justification of Expansion
Financing Problems of Expansion
New Stock Issues
Direct vs. Indirect Offerings
Pt.5. Penalties of Failure
The Results of Reorganization
Receiverships in Railroad Reorganization
The Procedure of Reorganization
Two Recent Reorganization Plans