Question 1

a. Explain three (3) approaches to maximize shareholders' wealth.

b. Discuss the fundamental development of corporate life cycle and financial strategies related to financing for each stage (show graphical illustrations).

Question 2

Explain five (5) steps in financial planning.

Question 3

a. Explain uncertainty analysis and risk analysis

b. What is Financial Risk Management?

Question 4

a. Explain the term merger and consolidation.

b. Explain two (2) methods of commonly used to determine the value of the target firm.

Question 5

a. What signs can indicate financial distress?

b. Briefly explain the term business liquidation.