100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
FIN3703 Assignment 2 Due 7 September 2024 CA$4.08   Add to cart
Quickly navigate to
Preview
  2.  
  3. University Of South Africa
  4.  
  5. Corporate Treasury Management

Exam (elaborations)

FIN3703 Assignment 2 Due 7 September 2024
 61 views  1 purchase
  • Course
  • Corporate Treasury Management
  • Institution
  • University Of South Africa
  • Book
  • Corporate Treasury and Cash Management

The Question Dalton Ltd – is the third largest South African manufacturer of high-quality JoJo tanks with its head offices situated in Midrand. The company owns four branches: one in Naturena, the second in Ennerdale, the third in Pachuca and the fourth in Roodepoort. Although the market f...

[Show more]

Preview 2 out of 11  pages

Document information

  • September 4, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • fin3703 assignment 2 due 7 september 2024

Connected book

book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:

More summaries for

  • FIN3703 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE 7 September 2024
  • FIN3703 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE 7 September 2024
  • FIN3703 Assignment 2 (QUIZ) Semester 2 2024 - DUE 7 September 2024
All for this textbook (10)

Written for

  • University of South Africa
  • Corporate Treasury Management
All documents for this subject (2)

Seller

avatar-seller
GeniusGears

Reviews received

Content preview

FIN3703

Assignment 2

Semester 2

DUE 7 September 2024

Quiz & Answers

, QUESTION 1:
The treasurer must develop a cash flow statement to determine how much Dalton
Ltd needs each day to fund the business’s operations.


Answer: (a) True
QUESTION 2:
The ability for Dalton Ltd to replace its defected injection moulding is referred to as
liquidity.


Answer: (b) False
Liquidity refers to the company’s ability to meet its short-term obligations, not the
ability to replace assets.


QUESTION 3:
A depreciation of R600 000 (R3 000 000/5) that will be written off by Dalton at the
end of the following financial year after replacing their injection moulding is part of
expenses and will be treated as a cash outflow.


Answer: (b) False
Depreciation is a non-cash expense, so it will not be treated as a cash outflow.


QUESTION 4:
The cost of the banker’s acceptance for the company (which is a yield to the bank)
is:
Answer: (c) 6.11%
To calculate the yield:

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller GeniusGears. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$4.08. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75632 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
CA$4.08  1x  sold
  • (0)
  Add to cart