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Question 22 Not yet answered p Flag question Marked out of 1.00 Active Fast Berhad has the following income statement items for 2021: Revenue/Sales RM559,236

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Question 22 Not yet answered p Flag question Marked out of 1.00 Active Fast Berhad has the following income statement items for 2021: Revenue/Sales RM559,236 Cost of goods sold RM311,003 EBIT RM248,233 Interest expenses RM93,938 Income tax expenses RM54,003 Dividend payment 40% of net profit What is the amount of the firm's retained earnings? Select one: a. RM40,117 O b. RM 148,910 O C. RM60,175 d. RM163,438 Question 23 Not yet answered Marked out of 1.00 p Flag question Which one of the following actions by a financial manager is the most likely to create an agency problem? Select one: a. Refusing to borrow money when doing so will create losses for the firm. O b. Refusing to lower selling prices if doing so will reduce the net profits. c. Refusing to expand the company if doing so will lower the value of the equity. d. Increasing current profits when doing so lowers the value of the company's equity. question 24 Not yet answered Marked out of 1.00 Flag question Ecare Berhad has the following income statement items for 2021: Revenue/Sales RM4,801,139 Finance costs/Interest RM293,938 expense Other items of income RM38,552 Cost of sales (COG) RM3,917,144 Income tax expenses 35% of taxable income Dividend payment 40% of net profit What is the amount of the firm's earning before tax? Select one: O a. RM408,596 O b. RM628,609 O C. RM883,995 d. RM590,057 Question 25 Not yet answered Marked out of 1.00 P Flag question Which of the following statements most accurately describes the primary objective of financial management? Select one: a. Maximize current dividends per share b. Increase cash flow and avoid financial distress c. Minimize operational costs while maximizing firm efficiency d. Maximize the current value per share Question 26 Not yet answered Marked out of 1.00 p Flag question Gayathri has RM5,000 now in her investment account. She wishes to have RM8,000 in her account after 9 years, but she was informed by the investment firm that she will have RM7,000 in her account in 8 years, what is the interest rate per year she gains from her account? Select one: a. 3.81% O b. 6.05% C. 5.31% d. 4.30%

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