8/9/24, 11:56 AM Assessment 1: Attempt review
FIN2601-24-S2 Welcome Message Assessment 1
QUIZ
Started on Friday, 9 August 2024, 11:51 AM
State Finished
Completed on Friday, 9 August 2024, 11:56 AM
Time taken 4 mins 34 secs
Marks 20.00/20.00
Grade 100.00 out of 100.00
Question 1
Complete
Mark 1.00 out of 1.00
Which of the following statements are correct if a company focuses on profits
as financial goal?
a) Risk is ignored.
b) The share price is ignored.
c) The size of the investment required to generate the profit is ignored.
1.
a and b
2.
c and a
3.
b and c
4.
a, b and c
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=20728580&cmid=846382 1/11
, 8/9/24, 11:56 AM Assessment 1: Attempt review
Question 2
Complete
Mark 1.00 out of 1.00
Which one of the following best describes a capital market?
1. A financial relationship created by institutions and arrangements that
allow suppliers and demanders of short-term funds to make
transactions.
2. An intangible market for the purchase and sale of securities not listed
on organised exchanges.
3.
A market that allocates funds to their most productive uses as a result
of competition among wealth-maximising investors.
4. A financial relationship created by institutions and arrangements that
allow suppliers and demanders of long-term funds to make
transactions.
Question 3
Complete
Mark 1.00 out of 1.00
The Harddrive, the technology consulting company, given its earnings before
interest and tax (EBIT) is R20 000 000. The company’s time interest earned
(TIE) ratio is 8,0, its tax rate is 35%, and its total assets turnover ratio is 1,25
with a sales value of R800 000. What is the company’s return on assets (ROA)?
1. 5,63%
2. 14,21%
3. 17,77%
4. 22,32%
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=20728580&cmid=846382 2/11
