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BFN303 TMA1

10/10

The cost of alternative project forgone for the purpose of investing in the selected projects is known as…
Opportunuity cost

A portion residual income given t shareholders by allocation of share is called
Stock dividend

Which of the following is not a modern method of capital budgeting techniques?
Accounting Rate of Return

All the following are investibility ratios except?
Gearing ratio

The interest rate of a money is 30% and the tax rate is 30% what will be the real interest rate
21%

All the following are medium term sources of finance except:
Overdraft

Which of the following does not constitute working capital?
Payables

Which of the following is not an alternative to cash dividend?
Offer for subsciption

Given that the profit after tax of a company was N60million when after tax of return is 12%. What will be the value of the company?
N500million

The reasons for going the route of mergers include all the following except;
Job creation