28 marks 50 minutes Question 5 5.1 What are the gains from the international financial market? 10 marks 5.2The balance sheet of Well Established Company is as follows: Amount Assets Amount Liabilities Fixed Assets Current Assets 1,50,000 50,000 60,000 20,000 80,000 40,000 2,00,000 Equity share capital Retained Earnings 10% long term debt Current Liabilities 2,00,000 The company's total assets turnover ratio is 3, its fixed operating costs are N$1,00,000 and its variable operating cost ratio is 40%. The income tax rate is 50% Required: Calculate the different types of leverages aiven that the face value of share is N$.10. (18 marks) End of question paper