Exam (elaborations)
FIN2603 ASSIGNMENT 2
- Institution
- University Of South Africa (Unisa)
DISTINCTION GUARANTEED
[Show more]
Content preview
UNISA 2024 FIN2603-24-S2 Assessment 2QUIZ
Started on Friday, 30 August 2024, 6:52 PM
State Finished
Completed on Friday, 30 August 2024, 8:04 PM
Time taken 1 hour 12 mins
Question 1 A company has financed 40% of its assets through a 12% after-tax cost of debt loan. The remainder
Complete of its assets are financed through equity. The firm’s required return on equity is 14%.
Marked out of Calculate the company's weighted average cost of capital (WACC)?
1.00
a. 13.75%
b. 13.20%
c. 13.56%
d. 15.50%
Question 2 A construction company consumes 1700 litres of petrol per day for its current mining operations. Mr
Complete Burton, the financial analyst, has estimated that the mine will increase its current operations, and
Marked out of therefore, petrol consumption will increase by 5% for the 2024 financial year. It takes three days from
1.00 placing the order until the petrol is delivered. Calculate the reorder point for the 2024 financial year.
a. 5355 litres
b. 6400 litres
c. 7040 litres
d. 8340 litres
Question 3 Calculate the future value (FV) of R15 000 invested for six years at an interest rate of 8%,
Complete compounded semi-annually.
Marked out of
1.00
a. R14 106
b. R26 734
c. R14 026
d. R24 015
Question 4 A company increasing its credit terms for customers from 2/15 net 60 to 2/18 net 75 will likely
Complete experience ...
Marked out of
1.00
a. a decrease in the average collection period.
b. an increase of cash in hand.
c. an increase in the average collection period.
d. higher net income.
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 EFT, 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 this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Maddigits. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R99,33. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
56326 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now