Question
If you save RM 1,000 today in a bank with simple interest rate of 3% per annum, calculate the total amount after three years. Question
If you save RM 1,000 today in a bank with simple interest rate of 3% per annum, calculate the total amount after three years.
Question 1 options:
| a. RM1,090 |
| b. RM1,030 |
| c. RM1,060 |
| d. RM1,120 |
Question 2 (2 points)
If we deposit RM5,000 at the end of each year for the next 5 years with an interest of 6% compounded annually, the amount which will accumulate is __________.
Question 2 options:
| a. RM28,185.47 |
| b. RM21,185.74 |
| c. RM29,851.47 |
| d. RM24,851.74 |
Question 3 (2 points)
Cash and Equivalents are RM1,561,
Short-Term Investments are RM1,052,
Accounts Receivables are RM3,616,
Accounts Payable is RM5,173,
Short-Term Debt is RM288, Inventories are RM1,816,
Other Current Liabilities are RM1,401
Other Current Assets are RM707.
Compute the Total Current Assets.
Question 3 options:
| a. RM8,752 |
| b. RM6,936 |
| c. RM6,862 |
| d. RM5,136 |
Question 4 (2 points)
Net income is ________.
Question 4 options:
| a. not cash flow |
| b. the cash flow from the operations of the company during the period |
| c. the increase or decrease in cash flow for the period |
| d. earnings before interest and taxes |
Question 5 (2 points)
The following is an example of systematic risk:
Question 5 options:
| a. Maxis Berhad posts lower than expected earnings. |
| b. AirAsia Berhad announces record earnings. |
| c. The national trade deficit is higher than expected. |
| d. None of the above. |
Question 6 (2 points)
The set of financial activities that support the OPERATIONS of a business is best described by _____________.
Question 6 options:
| a. Corporate finance |
| b. Investments |
| c. Financial institutions and markets |
| d. International finance |
Question 7 (2 points)
The major disadvantage of debt financing is
Question 7 options:
| a. you have to pay back the money. |
| b. interest payments must be made before shareholder dividends and irrespective of fluctuations in profits. Thus shareholders bear the risk of profit fluctuations. |
| c. increasing debt changes the gearing ratio of the firm. |
| d. lenders often require security of the loan against assets of the company. |
Question 8 (2 points)
Which one of the following ratios is not an efficiency/activity ratio?
Question 8 options:
| a. Inventory days |
| b. Trade receivable days |
| c. Trade payable days |
| d. Return on capital employed |
Question 9 (2 points)
To find operating cash flow for the business for the year, add depreciation expense to EBIT and then ________.
Question 9 options:
| a. subtract the interest expenses |
| b. add the taxes |
| c. subtract the taxes |
| d. add interest expenses |
Question 10 (2 points)
A two-year investment of RM200 is made today at an annual interest rate of 6%. Which of the following statements is TRUE?
Question 10 options:
| a. The PV is RM178.00. |
| b. The FV is RM224.00. |
| c. The FV is RM224.72. |
| d. This question is irrelevant because there are no two-year investments that earn an average of 6% per year. |
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