1. what are the main disadvantages of corporate form of organisation?

2. if the cost of capital is 9%, what is the PV of US $374 paid in year 9?

3. what is the charge in Net Working Capital?

4. profitability Ratios all have the same figure in the numerator. What is it what do these Ratios measure? how do you interpret the results? do time lines deal only with years or could other periods be used? what are three basic questions of corporate finance?

5. what is the difference between marginal and an average Tax rate?

6. what is the annual report and what two types of information are given in it?

7. what four types of financial statements are typically included in the annual report?

8. differentiate between Net cash flow and accounting profit.

9. what types of questions does the statement of cash flow answer?

10. a firm has inventories of US $ 2 million for the previous year and US $ 1,5 million for the current year. what impact does this have on net cash provided by operations?

11. a firm has net income of US $ 5 million. Assuming that depreciation of US $ 1 million is its only non cash expense, what is the firm's net cash flow?

12. a firm had a retained earnings balance of US $ 3 million in common dividends in the current year, what is it resulting retained earnings balance?