Examlex
A manager of a small plumbing company is thinking about installing a total quality management (TQM) program.What should the manager be aware of if TQM is installed?
Stockholders' Equity
The residual interest in the assets of a company after deducting liabilities, represented by the shareholders' investment and retained earnings.
Bond Offering
The process of issuing bonds to investors as a way of raising capital, where the issuer owes the holders a debt.
Indenture
A legal document that describes all the details of a debt security to potential buyers.
Covenant
A legal agreement or contract specifying certain conditions or actions that must be met or complied with.
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