ACC405 Past Questions 2015 Scholarships › Forums › National Open University Past Questions and Answers › ACC405 Past Questions 2015 Tagged: ACC405 Past Questions, ACC405 Past Questions and answers, ACC405 TMA This topic contains 0 replies, has 1 voice, and was last updated by campusflava 5 months ago. Viewing 1 post (of 1 total) Author Posts March 17, 2019 at 4:29 pm #28503 campusflavaKeymaster ACC 405 CORPORATE FINANCE 2 UNIT TIME ALLOWED: 2HOURS INSTRUCTION: ANSWER THREE QUESTIONS QUESTION ONE IS COMPULSORY QUESTION 1 Explain the alternatives to maximizing stakeholder wealth. Discuss how we can reduce the side costs associated with stakeholder wealth maximization. (30 Marks) QUESTION 2 Define a proprietorship, a partnership and a corporation. State the advantages of the corporate form of business organization. (20 Marks) QUESTION 3 Discuss the nature and classification of financial ratios used in financial statement analysis. State the relationship between the computed ratios and its influence on decision making. (20 Marks) QUESTION 4 Explain the two dimensions of the financial planning process. Discuss the relative importance of external financing and growth to firms. (20 Marks) QUESTION 5 Explain what working capital means. Discuss the determinate of a firm’s credit policy. (20 Marks) Author Posts Viewing 1 post (of 1 total) You must be logged in to reply to this topic.