FIN621 Finalterm Subjective Paper 2011-1

FIN621 Final Term 2011 Current papers subjectives
SUBJECTIVE PAPER
  1. some analyst argue that deferred tax should be included in the debt of the company. Why? 3 marks
  2. list down the component of stockholders equity 3 marks
  3. can a stock have negative price to earning ratio. Support your answer with valid reason. 3 marks
  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
  1. calculate earning per share
  2. journal transactions

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