Question: please correct ansower Part 1: Answer all questions. Each question carries 2 marks. A business entity created by law that is owned by its shareholders

please correct ansower
please correct ansower Part 1: Answer all questions. Each question carries 2

Part 1: Answer all questions. Each question carries 2 marks. A business entity created by law that is owned by its shareholders is known as...... 1. Sole proprietorship 2. Corporation 3. Partnership 4. Cooperative ALBA forecasts an increase in the demand for aluminium products in the next 5 years; the company decides to build a new smelter, which will cost BHD 35 million. What type of decision is this........ 1. Dividend 2. Financing 3. Investment 4. Accounting Which of the following is NOT normally a responsibility of the Treasurer but that of the Controller 1. Budgets and forecasts 2. Capital investment 3. Credit management 4. Mergers & acquisitions Using comparative financial statements to calculate changes in a financial statement items from one period to the next is known as... 1. Horizontal analysis 2. Vertical analysis 3. Trend analysis 4. Ratio analysis Inventory turnover ratio is part of........... 1. Profitability ratios 2. Liquidity ratios 3. Solvency ratios 4. Market ratios

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