The exam has two parts: 1) A multiple choice section covering Chapters 1-3 worth 15% 2) Six financial accounting problems worth 85% total, covering statements of cash flows, retained earnings, ratios, and the effects of changes in capital structure. The problems assess skills in areas like income statement, balance sheet, profitability, debt and asset management.

1. BFIN300 Test Structure (Spring 2012)
Part 1 (Objective Part):
Choose Ten Multiple Choice Questions from Chapters 1, 2 and 3.
Weight: 15%
Part 2 (Problem Solving):
Problem 1:
For a given company, find: Sales or EBITDA or EBIT or EBT or Net Income or Interest Expense
or Depreciation and Amortization.
Weight: 15%
Problem 2:
Statement of Retained Earnings: Find dividends or net income or retained earnings.
Weight: 5%
Problem 3:
Statement of cash flows:
a) Find one of the three activities.
b) Find one or more missing components inside one of the activities.
Weight: 15%
Problem 4:
A company’s balance sheet is given with some missing items that are found by calculating
different ratios. (Use liquidity, profitability, debt management, and asset management ratios)
Weight: 15%
Problem 5:
Different accounts from a company’s balance sheet and income statement are given:
a) Find one of the profitability ratios and compare it with the industry average. (10 %)
b) Find one of the asset management ratios and compare it with the industry average. (10%)
Weight: 20%

2. Problem 6:
A change in the capital structure will affect a company’s position. Find how one of the
profitability ratios is affected by an increase or decrease in the debt or equity ratio. For example,
find how ROE changes when the debt ratio increases or decreases.
Weight: 15%

3. ���������������������������������������������������������������������������
���������������������������������������������������������������������������������
�����������������������������������������������������