Exam (elaborations)
Fin2603 Assignment 1 Semester 2 2024
- Course
- Institution
he document contains Assignment question Together with answers Distinction Guaranteed 100% multiple Attempts done Whtsapp
[Show more]
3 reviews
By: tntcarpets1em • 1 month ago
By: mlombocharity • 3 weeks ago
By: rrloate • 1 month ago
Seller
Follow
SmartTutors
Reviews received
Content preview
7/25/24, 12:22 PM Assessment 1: Attempt reviewUNISA 2024 FIN2603-24-S2 Welcome Message Assessment 1
QUIZ
Started on Thursday, 25 July 2024, 12:10 PM
State Finished
Completed on Thursday, 25 July 2024, 12:22 PM
Time taken 12 mins 22 secs
Book exam and assignment 2 in time
Question 1
WhatsApp 064 516 7275. Distinction
Complete
guaranteed
Marked out of 1.00
At the operating breakeven point, ... equals zero.
a. variable cost
b. fixed cost
c. earnings before interest and tax (EBIT)
d. net profit after tax
Question 2
Complete
Marked out of 1.00
B and C Limited extend credit terms of 43 days to its customers. Its credit collection
would likely be considered poor if its average collection period was ...
a. 30 days.
b. 45 days.
c. 43 days.
d. 36 days.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=20332625&cmid=846386 1/8
, 7/25/24, 12:22 PM Assessment 1: Attempt review
Question 3
Complete
Marked out of 1.00
During periods where the consumer price index (CPI) is expected to decrease, a
retail firm will have to ...
a. apply credit standards more strictly due to rising interest rates, increase in
sales, but a slowdown of cash inflow.
b. budget more conservatively as a result of rising interest rates, a decline in
sales and an increase in bad debts.
c. expand due to declining interest rates, an increase in sales and improved
feasibility of investment opportunities.
d. relax credit standards due to a decline in sales, a decrease in bad debts and
a slowdown of cash outflow.
Question 4
Complete
Marked out of 1.00
Which one of the following is a major expense associated with issuing new ordinary
shares.
a. Underpricing
b. Registration fees
c. Legal fees
d. Underwriting fees
Question 5
Complete
Marked out of 1.00
Finance can be defined as the ...
a. science of the production, distribution and consumption of wealth.
b. art of merchandising products and services.
c. system of debits and credits.
d. art and science of managing money.
Question 6
Complete
Marked out of 1.00
A current ratio of 4:1 may indicate that the firm has too much ...
a. cash.
b. all of the above.
c. accounts receivable.
d. inventory.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=20332625&cmid=846386 2/8
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 SmartTutors. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.95. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
73314 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now