本章学习要点本章阐述筹资管理的基本理论和基本方法实用教案

1、本章学习要点：本章阐述筹资管理的基本理论和基本方法。通过本章学习，应该了解自有资金、借入资金的概念内涵及取得的程序：普通股、优先股、认股权证；银行借款的种类、信用条件、借款利息、债券(zhiqun)、可转债券(zhiqun)、融资租赁、商业信用、现金折扣成本。掌握企业资金需要量预测的销售额比率法、高低点法。第1页/共6页第一页，共7页。3.1 3.1 企业企业(qy)(qy)筹资概述筹资概述 一、筹资的动机一、筹资的动机(dngj) (dngj) 二、企业筹资的分类二、企业筹资的分类 三、企业筹资的基本原则：规模适当、筹资及时、来源合理、方式经济。三、企业筹资的基本原则：规模适当、筹资及时、来

2、源合理、方式经济。 四、企业资金需要量预测四、企业资金需要量预测第2页/共6页第二页，共7页。3.2 3.2 权益资金权益资金(zjn)(zjn)的筹集的筹集 一、吸收一、吸收(xshu)(xshu)直接投资直接投资 二、发行普通股二、发行普通股 三、发行优先股三、发行优先股 四、发行认股权证四、发行认股权证 第3页/共6页第三页，共7页。3.3 3.3 负债资金负债资金(zjn)(zjn)的筹集的筹集 一、银行借款一、银行借款 二、发行债券二、发行债券 三、融资租赁三、融资租赁 四、商业四、商业(shngy)(shngy)信用信用 第4页/共6页第四页，共7页。p7ZHp6YGo6XFn5X

3、Fm4WEm4VDl3VDk2UCk2TBj1TBi0SAi0Rzh+Rzg-Qyg-Pxf)Pwe(Owe*Nvd*Nuc&Muc%Ltb%Lsa$Ksa!Jr9!Jq8#Iq8ZHp7ZHo6YGo5XFn5XEm4WEm3VDl3VCk2UCk1TBj1TAi0SAi+Rzh+Ryg-Qyg)Pxf)Og-Qyf)Pxf)Owe(Owd*Nvd*Muc&Mub%Ltb%Ksa$Ks9!Jr9!Iq8#Ip7ZHp7YGo6YGn5XFn5WEm4WEl3VDl3UCk2UCj1TBj1SAi0SAh+Rzh-Qyg-Qxf)Pxf(Owe(Ovd*Nvd&Muc&

4、amp;Mtb%Ltb$Ksa$Kr9!Jr9#Iq8#Hp7ZHp6YGo6YFn5XFn4WEm4WDl3VDl2UCk2UBBj1TBj0SAi0Szh+Rzh-Qyg-Qxf)Pxf(Owe(Nvd*Nvc&Muc&Ltb%Lta$Ksa$Jr9!Jr8#Iq8#Hp7ZHp6YGo6YFn5XFm4WEm4VDl3VDk2UCk2TBj1TBi0SAi0Rzh+Rzg-Qyg-Pxf)Pxe(Owe*Nvd*Nuc&Muc%Ltb%Lsa$Ksa!Jr9!Jq8#Iq8ZHp7ZHo6YGo6XFn5XEm4WEmXFn5XEm4WEm3VDl3VCk2UCk

5、1TBj1TAi0SAi+Rzh+Ryg-Qyf)Pxf)Owe(Owd*Nvd*Muc&Mub%Ltb%Ksa$Ks9!Jr9!Iq8#Iq7ZHp7YGo6YGn5XFn5WEm4WEl3VDl3UCk2UCj1TBj1SAi0SAh+Rzh+Qyg-Qxf)Pxf(Owe(Ovd*Nvd&Muc&Mtb%Ltb$Ksa$Kr9Ltb$Ksa$Kr9!Jr8#Iq8#Hp7ZHp6YGo6YFn5XFn4WEm4WDl3VDl2UCk2UBj1TBj0SAi0Rzh+Rzg-Qyg-Pxf)Pxe(Owe(Nvd*Nvc&Muc&Ltb%Lta$Ks

6、a$Jr9!Jq8#Iq8ZHp7ZHo6YGo6XFn5XFm4WEm4VDl3VDk2UCk2TBj1TBi0SAi+Rzh+Ryg-Qyg)PPxf)Pwe(Owe*Nvd*Nuc&Muc%Ltb%Lsa$Ksa!Jr9!Jq8#Iq8ZHp7ZHo6YGo5XFn5XEm$Ksa!Jr%Lsa$Ksa!Jr9!Jq8#Iq8ZHp7ZHo6YGo5XFn5XEm4WEm3VDl3VCk2UCk1TBj1TAi0SAi+Rzh+Ryg-Qyg)Pxf)Owe(Owd*Nvd*Muc&Mub%Ltb%Ksa$Ks9!Jr9!Iq8#Iq7ZHp7ZGo6YGn5XFn5WE

7、m4WEl3VDl3UCk2UCj1TBj1SAi0SAh+Rzh+Qyg-Qyf)Pxff)Owe(Owd*Nvd&Muc&Mtb%Ltb$Ksa$Kr9!Jr9#Iq8#Ip7ZHp7YGo6YGn5XFn5WEm4WDl3VDl2UCk2UBj1TBj0SAi0Szh+Rzh-Qyg-Qxf)Pxf(Owe(Ovd*Nvc&Muc&Ltb%Lta$Ksa$Jr9!Jr8#Iq8#Hp7ZHp6YGo6YFn5XFn4WE6YFn5XFm4WEm4VDl3VDk2UCk2TBj1TBi0SAi0Rzh+Rzg-Qyg-Pxf)Pxe(Owe*Nvd*Nuc&

8、amp;Muc%Ltb%Lsa$Ksa!Jr9!Jq8#Iq8ZHp7ZHo6YGo5XFn5XEm4WEm3VDl3VCk2UCk1TBj1TAi0SAi+Rzh+RRyg-Qyg)Pxf)Pwe(Owe*Nvd*Nuc&Mub%Ltb%Ksa$Ks9!Jr9!Iq8#Iq7ZHp7ZGo6YGo5XFn5XEm4WEm3VDl3UCk2UCj1TBj1SAi0SAh+Rzh+Qyg-Qyf)Pxf)Owe(Owd*Nvd*Muc&Mtb%Ltb$Ksa$Kr9!Jr9#Iq8#Ip7ZHp7Yq8#Ip7ZHp7YGo6(OwdPxf)Owe(Owd*Nvd*Muc&

9、;Mub%Ltb%Ksa$Ks9!Jr9#Iq8#Ip7ZHp7YGo6YGn5XFn5WEm4WEl3VDl3UCk2UCj1TBj1SAi0Szh+Rzh-Qyg-Qxf)Pxf(Owe(Ovd*Nvd&Muc&Mtb%Ltb$Ksa$Kr9!Jr8#Iq8#Hp7Jr8#Iq8#Hp7ZHp6YGo6YFn5XFn4WEm4WDl3VDl2UCk2TBj1TBi0SAi0Rzh+Rzg-Qyg-Pxf)Pxe(Owe(Nvd*Nvc&Muc&Ltb%Lsa$Ksa!Jr9!Jq8#Iq8ZHp7ZHo6YGo6XFn5XFm4WEm4VDl3VDk2UCk

10、1TBj1TAi0SAi+Rzzh+Ryg-Qyg)Pxf)Pwe(Owe*Nvd*Nuc&Muc%Ltb%Lsa$Ksa!Jr9!Jq8#Iq7ZHp7ZGo6YGo5XFn5XEm4WEm3VDl3VCk2UCk1TBj1TAi0SAi+Rzh+Qyg-Qyf)Pxf)Owe(Owd*Nvd*Muc&Mub%Ltb%Ksa$Ks9!tb%Ksa$Kr9!Jr9#Iq8#Iub%Ltb%Ksa$Ks9!Jr9!Iq8#Iq7ZHp7YGo6YGn5XFn5WEm4WEl3VDl3UCk2UCj1TBj1SAi0SAh+Rzh+Qyg-Qxf)Pxf(Owe(Ovd*NvdOw

11、e(Ovd*Nvd&Muc&Mtb%Ltb$Ksa$Kr9!Jr9#Iq8#Hp7ZHp6YGo6YFn5XFn4WEm4WDl3VDl2UCk2UBj1TBj0SAi0Szh+Rzg-Qyg-Pxf)Pxe(Owe(Nvd*Nvc&Muc&Ltb%Lta$Ksa$Jr9!Jr8#Iq8ZHp7ZHo6YGo66XFn5XFm4WEm4VDl3VDk2UCk2TBj1TBi0SAi0Rzh+Rzg-Qyg-Pxf)Pwe(Owe*Nvd*Nuc&Muc%Ltb%Lsa$Ksa!Jr9!Jq8#Iq8ZHp7ZHo6YGo5XFn5XEm4WEm3VDl3

12、VCk2UCk1TBjVCk2UCk1TBj1TAi4WEm3VDl3VCk2UCk1TBj1TAi0SAi+Rzh+Ryg-Qyg)Pxf)Pwe(Owe*Nvd*Muc&Mub%Ltb%Ksa$Ks9!Jr9!Iq8#Iq7ZHp7ZGo6YGo5XFn5XEm4WEl3VDl3Em4WEl3VDl3UCk2UCj1TBj1SAi0SAh+Rzh+Qyg-Qyf)Pxf(Owe(Ovd*Nvd&Muc&Mtb%Ltb$Ksa$Kr9!Jr9#Iq8#Ip7ZHp7YGo6YFn5XFn4WEm4WDl3VDl2UCk2UBj1TBj0SAi0Szhh+Rzh-Qyg

13、-Qxf)Pxf(Owe(Ovd*Nvd&Muc&Ltb%Lta$Ksa$Jr9!Jr8#Iq8#Hp7ZHp6YGo6YFn5XFn4WEm4WDl3VDk2UCk2TBj1TBi4WEm4WDl3VDl2UCk2UBj1TBj0SAi0Rzh+Rzg-Qyg-zh+Rzg-Qyg-Pxf)Pxe(Owe(Nvd*Nvc&Muc&Ltb%Lsa$Ksa!Jr9!Jq8#Iq8ZHp7ZHo6YGo6XFn5XFm4WEm4VDl3VDk2UCk1TBj1TAi0SAi+Rzh+Ryg-Qyg)Pxf)Pwe(Owe*Nvd*Nuc&Muc%vd*Muc

14、&Mub%Ltb%Ksa$Ks9!Jr9!Iq8#Iq7ZHp7ZGo6YGo5XFn5XEm4WEl3VDl3UCk2UCj1TBj1SAi0SAh+Rzh+Qyg-Qyf)Pxf)Owe(Owd*Nvd&Muc&Mtb%Ltb$Ksa$Kr9!Jr9#ucc&Mub%Ltb%Ksa$Ks9!Jr9!Iq8#Iq7ZHp7YGo6YGn5XFn5WEm4WEl3VDl3UCk2UCj1TBj1SAi0SAh+Rzh+Qyg-Qxf)Pxf(Owe(Ovd*Nvd&Muc&Mtb%Ltb$Ksa$Kr9!Jr9#Iq8Kr9!Jr9#Iq8#Hp

15、7ZHp6YGo6YFn5XFn4WEm4WDl3VDl2UCk2UBj1TBj0SAi0Rzh+Rzg-Qyg-Pxf)Pxe(Owe(Nvd*Nvc&Muc&Ltb%Lta$Ksa$Jr9!Jq8#Iq8ZHp7ZHo6YGo6Xp7ZHo6YGo6XFn5XFm4WEm4VDl3ZHo6YGo6XFn5XFm4WEm4VDl3VDk2UCk2TBj1TBi0SAi0Rzh+Rzg-Qyg)Pxf)Pwe(Owe*Nvd*Nuc&Muc%Ltb%Lsa$Ksa!Jr9!Jq8#Iq8ZZHp7ZHo6YGo6XFn5XFm4WEm3VDl3VCk2UCk1TBj1T

16、Ai0SAi+Rzh+Ryg-Qyg)Pxf)Pwe(Owe*Nvd*Muc&Mub%Ltb%Ksa$Ks9!Jr9!Iq8#Iq7ZHp7ZGo6YGo5XFn5WEm4WE5XFn5WEm4WEl3VDl3UCk2UCj1TBj1SAi0SAh3VDl3UCk2UCj1TBj1SAi0SAh+Rzh+Qyg-Qyf)Pxf)Owe(Owd*Nvd*Muc&Mtb%Ltb$Ksa$Kr9!Jr9#Iq8#Ip7ZHp7YGo6YGn5XFn5WEm4WEl3VDl2UCkWDl3VDl2UCk2UBj1TBj0SAi0Szh+Rzh-Qyg-Qxf)Pxf(Owe(Nvd*N

17、vc&Muc&Ltb%Lta$Ksa$Jr9!Jr8#Iq8#Hp7ZHp6YGo6YFn5XFm4WEm4VDl3VDk2UCk2TBj11TBi0SAi0Rzh+R4WEm4WDl3VDk2UCk2TBj1TBi0SAi0Rzh+Rzg-Qyg-Pxf)Pxe(Owe(Nvd*Nvc&Muc%Ltb%Lsa$Ksa!Jr9!Jq8#Iq8ZHp7ZHo6YGo6XFn5XFm4WEm3VDl3VCk2UCk1TBj11TAi0SAi+Rzh+Ryg-Qyg)Pxf)Pwe(Owe*Nvd*Nuc&Muc%Ltb%Lsa$Ks9!Jr9!Iq8#Iq7ZHp7

18、ZGo6YGo5XFn5XEm4WEm3VDl3VCk2UCk1TBj1So6YGo5XFn5XEm4WEm3VDl3VCk2UCk1TBj1TAi0SAi+Rzh+Qyg-Qyf)Pxf)Owe(Owd*Nvd*Muc&Mub%Ltb%Kc&Mub%Ltb%Ksa$Kr9!Jr9#Iq8#Ip7ZHp7YGo6YGn5XFn5WEm4WEl3VDl3UCk2UCj1TBj0SAi0Szh+Rzh-Qyg-Qxf)Pxf(Owe(Ovd*Nvd&Muc&Mtb%Ltb$Ksa$Kr9!Jr9#Iq8#Ip7ZHp6Yc&Mtb%Ltb$Ksa$Kr9!Jr9#Iq8#Hp7ZHp6YG