Today i have given FIN621 paper * Total 69MCQ's from which 8 where subjective questions * The MCQ's was from cash flow,stockholder,ratio and some were about entries * In one subjective question 3 different scenarios was given.Teacher asked to comment on the scenarios according to GAAP. * In one I have to calculate quick ratio and current ratio.and comment on the ratio. * In another scenario current ratio,quick ratio and debt ratio was given of ABC company and as a creditor I have take decision whether to given loan to the company or not?
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Another Paper:
TODAY IS MY FIN 621 PAPER OBJECTIVE IS FROM PAST PAPERS AND SOME QUIZ ARE NEW (5 OR 6) THIS IS MY SUBJECTIVE PAPER Q#1 some analyst argue that defferd tax should be included in the debt of the company. Why? 3 Q#2 list down the component of stockholders equity 3 Q#3 can a stock have negative price to earning ratio. Support your answer with valid reason. 3 Q#4 calculate return on investment 5 marks Net income 40,000 Interest expense 10,000 Income tax expense 20,000 Liabilities 1, 50,000 Common share 1, 50,000 Retained earning 60,000 Q#5 calculate earning per share Q#6 journal transactions
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