REVISION MCQ FIN1314

·         Emphasises shareholder wealth for a long term

·         Considers the risk of return

·         Considers the timing of return

·         Considers the cost of capital

 

          The statement above refers to one of the ultimate goals of the firm. The above information refers to the goal of _____________.

• profit maximisation

• sales maximisation

• wealth maximisation

•     cash maximisation

Which of the following is CORRECT?  

• Profit = Total revenue – Total capital

• Profit = Total capital – Total revenue

• Profit = Total capital – Total cost

•   Profit = Total revenue – Total cost

The net income of partnership is taxed at ______________.  

• Personal income tax rates

• Corporate tax rate

• Sales and service tax rate

• Import duties

_____________ refers to the financing or investment instruments bought and sold in financial markets such as bonds and shares.

• Maturity

• Security

• Financial instrument

• Liquidity

Which of the following is NOT the example of non-banking financial intermediary?  

• Employees Provident Fund (EPF)

• Prudential Assurance Malaysia Berhad

• Maybank Berhad

• Public Mutual Berhad

Mega Holding Sdn. Bhd. is considering to replace a production machine. The following shows an incomplete incremental operating cash flow for the first year. Calculate the operating profit.

Year 1

(RM)

Sales 288,000

Cost 114,000

Operating profit ???

Depreciation 55,000

Earnings before interest and taxes (EBIT) ???

Taxes ???

Operating Income ???

Depreciation 55,000

Net operating cash flow ???

 

• RM400,000

• RM271,000

• RM114,000

• RM174,000

Mega Holding Sdn. Bhd. is considering to replace a production machine. The following shows an incomplete incremental operating cash flow for the first year. Compute the earnings before interest and taxes (EBIT).

Year 1

(RM)

Sales 288,000

Cost 114,000

Operating profit ???

Depreciation 55,000

Earnings before interest and taxes (EBIT) ???

Taxes ???

Operating Income ???

Depreciation 55,000

Net operating cash flow ???

• RM119,000

• RM344,000

• RM226,000

• RM404,000

Mega Holding Sdn. Bhd. is considering to replace a production machine. The following shows an incomplete incremental operating cash flow for the first year. Calculate the taxes if the tax rate is 24%.

Year 1

(RM)

Sales 288,000

Cost 114,000

Operating profit ???

Depreciation 55,000

Earnings before interest and taxes (EBIT) ???

Taxes ???

Operating Income ???

Depreciation 55,000

Net operating cash flow ???

• RM54,240

• RM28,560

• RM82,560

• RM108,960

Mega Holding Sdn. Bhd. is considering to replace a production machine. The following shows an incomplete incremental operating cash flow for the first year. Estimate the operating income.

Year 1

(RM)

Sales 288,000

Cost 114,000

Operating profit ???

Depreciation 55,000

Earnings before interest and taxes (EBIT) ???

Taxes ???

Operating Income ???

Depreciation 55,000

Net operating cash flow ???

• RM90,440

• RM171,760

• RM261,440

• RM345,040

Mega Holding Sdn. Bhd. is considering to replace a production machine. The following shows an incomplete incremental operating cash flow for the first year. Calculate the net operating cash flow.

Year 1

(RM)

Sales 288,000

Cost 114,000

Operating profit ???

Depreciation 55,000

Earnings before interest and taxes (EBIT) ???

Taxes ???

Operating Income ???

Depreciation 55,000

Net operating cash flow ???

• RM116,760

• RM33,160

• RM316,440

• RM145,440