Total assets = Total liabilites and equity, hence Equity = Total assets  -Total liabilities 

Total assets = Current assets + Long term assets = TL 500,000 + TL 300,000 = TL 800,000

Total Liabilites = Current liabilities + Long term liabilites =TL 400,000 +TL 150,000 = TL 550,000. 

Equity = TL 800,000 -TL 550,000 = TL 250,000

The shareholder value is the difference between the book value of the company and  the book value of its liabilities. Hence the shareholder value of the company is TL 800,000-TL 500,000=TL 300,000

Intangible asset is an identifiable non-monetary asset without physical substance. Examples of intangible assets include computer software, licences, trademarks, patents, films, copyrights and goodwill. 

The sales price per unit is also constant, it does not change over time.

The operating income of a business is measured by its EBIT (earnings before interest and taxes). EBIT
is the difference between the sales revenue and the operating costs of the business.

For the nephew aged 17; 1000/(1+0.08)=925

For the nephew aged 15; 1000/(1+0.08)*(1+0.08)*(1+0.08)= 793

For the nephew aged 13; 1000/(1+0.08)*(1+0.08)*(1+0.08)*(1+0.08)*(1+0.08)= 680

In total= 925+793+680= 2398

A series of equal cash flows that occur for a given period at regular intervals is an annuity.

The main objective of a statement of financial position is to disclose fairly what a company owns and means used to get them at a certain date. It can be thought as a selfie of the company at a point in time. Thus, Balance Sheet provides a snapshot of the financial condition of the firm at a particular time. 

Analysts often use the concept of sustainable growth as a way to evaluate a firm’s future growth rate. Sustainable growth rate refers to the rate at which a firm can grow if its profitability and financial policies do not change.

Tasks about control include controlling whether or not funds are being used efficiently and effectively. It includes preparation of financial statements,internal auditing, budgeting, and tax management.

Net Working Capital is defined as the difference between the current assets and current liabilities of the same period.

Business ethics refers to a company’s attitude and conduct toward its employees, customers, community, and stockholders. Financial management, together with accounting, is one of the most relevant departments in corporations when it comes to business ethics. Financial information and financial transactions of corporations are expected to be in a non-misleading manner. Accounting fraud, holding back value relevant information, insider trading, overstated profits, understated costs, and conspiracies are examples of finance-related unethical behavior.

All the statements given are correct.

Some examples are management of delivering of financial reports, management of standardizing journal entries, analysis of financial data, driving financial plans, monitoring budgeting, management of cash flows, developing department goals matching long-term company targets, valuation of investments, portfolio management, management of spending procedures, monitoring financial feasibility studies.

 Financial Leverage Effect ratio is expressed as follows :

Financial Leverage Effect = ROE – ROA

The correct answer is C. 

A variable cost is a corporate expense that changes in proportion with production output.Variable costs  increase or decrease depending on a company’s production volume; they rise as production increases and fall as production decreases.A fixed cost is an expense or cost that does not change with an increase or decrease in the number of goods or services produced or sold. Fixed costs are expenses that have to be paid by a company, independent of any business activity. Therefore, the correct answer is D.