Fin621 Final Term Current Paper (Feb 2011)

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Fin621 Final Term Current Paper (Feb 2011)

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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