Financial Report Sample

Corporate Finance 307 Practice Exam

Instructions

1.

2.

3.

4.

This exam contains four questions. Answer all questions and answer in the spaces

provided. Question 1 is a set of multiple choice questions.

Carry your answer to the 2nd decimal place. Clearly indicate your final answer by either

circling or highlighting your answer. You can use a pen or a pencil.

If you need to make any assumption to answer a question, clearly state that in your answer.

However, you will not need to make any assumptions.

Show all your workings in a clear and legible manner. The workings, to a reasonable extent,

must be shown to claim full marks. You will receive proportional/partial marks for

incomplete answers, only if the answer is a meaningful attempt to answer the specific

question. Multiple choice questions do not carry proportional marks.

Surname___________________________________________________

Given Name_________________________________________________

ID

_____________________________________________________

Question

Marks Obtained

1

15

2

15

3

5

4

15

Total

50

Note

 The structure of this practice exam is identical to the final exam

 The questions in this practice exam will not be repeated in the final exam

 The weighting of the questions in this practice exam is not reflective of the weighting of the

questions in the final exam

 The coverage/scope of chapters of this practice exam is narrow compared to the final exam

 The same formula sheet is provided in the final exam

Question 1 (15 marks)

Question 1 consists of 15 multiple choice questions worth 1 mark each.

Clearly circle the correct answer. There is only one choice right. (15 Marks)

1. If a firm's management leads a leveraged buyout transaction, then the transaction is called a(an):

A.

B.

C.

D.

IPO

MBO

MACRS

SEO

2. The main characteristics of LBOs are:

A.

B.

C.

D.

high debt

private ownership

management incentives

all of...