F FINLOCUL MENAGEMENT METRICNO A H camise share after taxes l manager is considering we mutually exclusive projects for investmen et is expected to earn RM5 million while Project B is expected to an RN Which of the following statements is the MOST correct? The manager should select project A The manager should select project B. The manager should select the project that maximizes long-term profits, just one year of profits The manager should select the project that causes the stock price to increase mast, which could be A or B. B All of the following statements about agency problem are true EXCEPT . The root cause of agency problem is the conflicts of interest Agency problem is an obstacle to maximize shareholder value Managers need to bear the cost of reducing the agency problems Agency problems result from the separation of management and the own of a firm Working capital management is concerned with A B. managing a firm's capital stock. what long-term investments a firm should undertake. how a firm should raise capital to fund its investments. how a firm can best manage its cash flows in its day-to-day operations. D. The decision that is related to raising capital for a firm's long-term invest called A. (B) C. D. the portfolio decision the capital structure decision the capital budgeting decision the money flow processing decision W 2033 FINANCIAL MANAGER MATRAC NO Which of the following statements about the corporate form of business organic The corporate form has the advantage of unlimited liability The corporate form has the disadvantage of double taxation relative to a sole vietorship The corporate form is preferred over the sole proprietorship because corporation is easier to form. Sole proprietorships are the most common form of business organization bewe ility is limited to the amount invested in the business by the sole proprietor ABC Biscuit Berhad reported the following items for the current year Sales - RM3,000,000: cost of goods sold = RM1,500,000; depreciation expense- RM70,000: administrative expenses - RM150,000; interest expense - RM30,000 marketing expenses - RM80,000; and taxes - RM300,000. What is the company's camines before interest and taxes (EBIT)? RM770,000 RM1,070,000 RM1,100,000 RM1,500,000 D. Which of the following statements concerning net income is CORRECT? A B. C. Positive net income reduces a company's cash balance. Net income equals to the amount of dividends to be paid out. Net income represents sales minus operating expenses at a specific point in time. Net income represents income that may be reinvested in the firm or distributed to its owners. D. Balance sheet provides the information regarding A. B. C. D. afirm's investment activities for a defined period of time a firm's revenues and expenses for a defined period of time afirm's assets, liabilities, and equity for a defined period of time a firm's cash receipts and cash expenditures for a defined period of time HIFFRE FINANCE MANAGEMENT MARINO Which of the following accounts belongs on the side of a balance sheet 10 depreciation expense The Financing costs of a firm include interest expense operating expense costs of goods sold depreciation expense D. Which of the following is NOT the equity account in a balance sheet? paid-in capital common stock retained earnings 13. Boyer Enterprises had RM76.700 in taxable income for 2018. What was the firm's average tax rate for the year? Tax rate (%) 15 25 Taxable income (RM 0 - 15,000 50,00175,000 75,001 - 100,000 100,001 - 335,000 34 39 A. B. C. D. 18.68 % 20.14 % 26,48 % 29.03% will cause the cash flow from assets to increase? An increase in A. B. taxes depreciation net capital spending change in net working capital D