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FIN3702 ASSIGNMENT 1 SEMESTER 1 2024 GUIDE SOLUTIONS CALL $2.85   Add to cart

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FIN3702 ASSIGNMENT 1 SEMESTER 1 2024 GUIDE SOLUTIONS CALL

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THIS DOCUMENT HAS QUESTIONS AND SOLUTIONS FOR FIN ASSIGNMENT. FOR FUTURE ACADEMIC SERVICES CONTACT EMAIL;

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  • August 15, 2022
  • 8
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
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FIN3702 FINAL ASSIGNMENT 1
SEMESTER 2 YEAR 2022
FOR FUTURE SERVICES


CONTACT;+27611279778
EMAIL;wealighttutorials@gmail.com
 THE ORDER OF THE QUESTIONS IN MOODLE MAY DIFFER
TO THE ORDER OF THE QUESTIONS IN THIS DOCUMENT.

 EXAMPLE: QUESTION 1 IN THIS DOCUMENT MAY BE
QUESTION 20 IN MOODLE, THE PLATFORM YOU ARE GOING
TO SUBMIT YOUR ASSIGNMENT ON.
QUESTION 1

The cash flows from the operating activities section of the statement of cash flows
considers …

1. Taxes paid

2. Dividends paid.

3. Labour expense.

4. Interest expense.

*Textbook reference, 2010 edition: chapter 3, page 95

*Textbook reference, 2014 edition: chapter 4, page 106



QUESTION 2

All of the following are inflows of cash EXCEPT …

1. Increase in accruals.

2. Net profits after taxes.

3. A decrease in accounts receivable.

, 4. An increase in accounts receivable.

*Textbook reference, 2010 edition: chapter 3, page 97

*Textbook reference, 2014 edition: chapter 4, page 108



QUESTION 3

In general, firms that are subject to a high degree of …, relatively short production
cycles, or both, tend to use shorter planning horizons.

1. Profitability

2. Financial certainty

3. Financial planning

4. Operating uncertainty

*Textbook reference, 2010 edition: chapter 3, page 103

*Textbook reference, 2014 edition: chapter 4, page 114



QUESTION 4

Gold Trust Bank Ltd has offered a manufacturing company the following alternatives
in response to the R275 000 one-year loan application made to the bank.

Alternative 1: 15% discount interest, with an 8% compensating balance

Alternative 2: 16% simple interest with interest paid monthly

What will the effective annual rate be if this company chooses to take the cheaper
alternative?

1. 13.63%

2. 16.45%

3. 17.22%

4. 19.48%

*Textbook reference, 2010 edition: chapter 15, page 613

*Textbook reference, 2014 edition: chapter 16, page 630

QUESTION 5

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