FIN2603 ASSIGNMENT 1 SEMESTER 2

UNISA  2024  FIN2603-24-S2  Welcome Message  Assessment 1

QUIZ




Started on Friday, 26 July 2024, 5:15 PM
State Finished
Completed on Friday, 26 July 2024, 6:29 PM
Time taken 1 hour 13 mins


Question 1 Which source of the following funds are the most likely to be relayed on by small firms ?
Complete

Marked out of a. Equity
1.00
b. Long-term debt
c. Preference shares
d. Short-term debt




Question 2 In general, a lending institution would consider a decrease in which of the following ratios to be
Complete positive news?
Marked out of
1.00
a. Interest coverage
b. Current ratio
c. Debt to total assets
d. Return on assets




Question 3 The long-term financial goal of the firm may be achieved by ...
Complete

Marked out of a. maximising revenue and minimising expenses.
1.00
b. accelerating cash inflows.
c. minimising the cost of capital and maximising the internal rate of return (IRR).
d. maximising the assets relative to the liabilities.




Question 4 At the operating breakeven point, ... equals zero.
Complete

Marked out of a. variable cost
1.00
b. fixed cost
c. earnings before interest and tax (EBIT)
d. net profit after tax