In: Accounting
Bonds and corporations are two different concepts, explain how these concepts provided the most value to you.
Indicate how these two (2) new areas of knowledge will benefit you in your job or future career.
Answer)
A corporation is a form of legal entity where owners are distinct and seperate from the Business as these corporations is an artificial person.
Bonds are fixed income investment where an investor lends some money to the entity and gets interest for it.
Here,these concepts plays crucial for me I.e an student with commerce background needs to knows about different types of organisations in which corporations is one and also about different forms of finance and debt is one among and through attaining knowledge in that area helps me in building up a serious career.
The knowledge in these two areas helps me in attaining a higher position in my job as getting a job in MNC with superior power will be an ambition for anyone who is willing to be an employee for which I need an proper understanding on corporation and which type of finance is to be used and in what percentage and if I setup a business which form of business it should be and in what ratios should I use the debt and when to use it.