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Q#1 some analyst argue that defferd tax should be included in the debt of the company. Why? 3
Q#2 list down the component of stockholders equity 3
Q#3 can a stock have negative price to earning ratio. Support your answer with valid reason. 3
Q#4 calculate return on investment 5 marks
Net income 40,000
Interest expense 10,000
Income tax expense 20,000
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Liabilities 1, 50,000
Common share 1, 50,000
Retained earning 60,000
Q#5 calculate earning per share
Q#6 journal transactions
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