Hijaab Mehar's FIN621 Paper on March 3, 2013
MCQS were mostly from ASAD MUNIR'S "5 solved Final term papers" file
Subjective question were as follows:1- why earning per share is preferred over net income by stockholders.? M-3
2- Sales and net income for 5 years from 1996 to 2001 was given and calculation of trend percentages was required keeping the 1996 as base year. (you can see example in past papers) M-3
3- XYZ comapny has significant working capital but it shows cash shortage also. justify this situation with example.M-3
4- 5 definitions were given in table column A and in Column B there names. i had to match the each definition with its respective name. M-5
5- calculate stockholders equity and book value per share of common stock from given data.M-5
6- prepare stockholders equity section of the balance sheet.M-5
7- Calculate total debt , total equity and debt-to-equity ratio.M-5
8- journal entries were given and preparation of ledger Cash account was required.M-5
Overall paper was very easy ALHAMDULILLAH! Best of luck buddies .
May ALLAH gives us good knowledge that will lead us to success in this life and the life after. Ameen Sum Ameen
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