Exam (elaborations)
Due 20 august
- Institution
- University Of South Africa (Unisa)
FIn2603 Assessment 1 Semester 2 2024 Due 20 August
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Completed on Thursday, 15 August 2024, 7:59 PMTime taken 1 hour 24 mins
Question 1
If accounts receivable increase by R500, inventory increases by R200 and accounts payable
Complete increase by R400, net working capital would.
Marked out of
1.00
a decrease by R300.
PElagsuestion
increase by R700.
( increase by R300.
C.
Od. remain unchanged.
Question 2 At the operating breakeven point,... equals zero.
Complete
Marked out of variable cost
00
Ob. fxed cost
P Elagsuestion
c. earnings before interest and tax (EBIT)
Od. net profit after tax
Question 3 If the company's managers are NOT owners of the company, they are
Complete
Marked out of
Oa. traders.
1.00
outsiders.
Elagquestion
OC. agents.
Od. dealers.
Question 4
A firm can best improve its return on equity (ROE) by increasing the
...
Complete
Marked out of a asset turnover and financial leverage.
!
1.00
b net profit margin, asset turnover and financial leverage.
Elag guestion
P
C. sales and decreasing expenditure.
d. net profit margin.
Question 5 Which stakeholders have the first claim on assets when an organisation enters bankruptcy?
Complete
Marked out of (e) a. Creditors
00
Ob. Top management
P Elagsuestion
Oc. Shareholders
Od. Debtors
Question6
Which one of the following is a major expense associated with issuing new ordinary shares.
Complete
Marked out Underpricing
of
1.00
Ob. Registration fees
P Elag guestion
Oc. Legal fees
Od. Underwriting fees
Question7
The basic sources of capital for an organisation include the following except..
Complete
Marked out of
O a. preference shares.
1.00
b. long-term debt.
P Elag guestion
C dividends.
d. retained earnings.
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