RSK4804 Latest exam pack questions and answers and summarized notes for exam preparation. Updated for 2024 exams . For assistance Whats-App.0.6.7..1.7.1..1.7.3.9 . All the best on your exams!!
EXAMINERS:
FIRST: MR. S MOLEFE
SECOND: MR. M NXUMALO
EXTERNAL: DR. H Le ROUX
This assessment consists of 21 pages.
Instructions:
1. Any battery-operated pocket calculator may be used. You may use a Sharp EL733-A, Sharp
EL738, HP12C or HP10BII financial calculator.
2. No rough work will be marked.
3. Use sentence case in Arial 10pt.
4. Remember to sign the declaration page at the end of this document. Your work will not be
marked UNLESS that page is completed.
, RSK4804
Date: 30 January 2023
INSTRUCTIONS ON THE DAY OF ASSESSMENT:
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scan this QR code. ACCESS CODE
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Unless otherwise specified by your institution, note that you can only scan this QR
code once. If your assessment has multiple online sections, tests or attempts, you
should NOT finish the invigilation until your entire assessment has been completed.
Only scan the QR code when the assessment formally commences.
The QR code is only scannable for a limited time and it should therefore be
scanned as soon as possible to start the invigilation.
Exam Access Code: d3d4642d
Once the QR code is scanned, ensure your media volume Is turned up and place your
smartphone next to you. The Invigilator App will notify you with a notification beep
when you are required to action a request, which you should then perform.
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Keep the Invigilator App open on your cell phone for the full duration of the assessment. You are not allowed to minimise or
leave the app.
Ensure you are connected to the internet in order to commence the invigilation as well as at the end of the assessment. No internet
connection is required during the assessment.
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App could differ from the time allocated to complete your assessment.
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the upload of the app data at the end of the assessment, you should prioritise the upload of your script to your university portal and you
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, CONFIDENTIAL
Page 2 of 21 RSK4804
January/February 2023
QUESTION 1 [15]
You are a new credit manager for Mbabane National Bank. An application for a temporary loan
facility to bridge Ngwane Transport and Logistics’ working capital requirements, lands on your
desk. Consult the information below, to assist you in making an informed decision:
Account Opening Balance Closing Balance
a. Inventory R23m R20m
b. Accounts receivable R30m R26m
c. Accounts payable R22m R24m
d. Net sales during the year were R90m, while cost of goods sold amounted to 60% of the
sales. Interpret the cash conversion cycle if the industry average is 85 days.
i. Calculate Ngwane Transport and Logistics’ operating cycle and working capital
(cash conversion) cycle. (13)
ii. Communicate your decision to the relationship manager and make
recommendations. (2)
[TURN OVER]
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