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?
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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