MANCOSA ACCOUNTING AND FINANCIAL MANAGEMENT EXAMINATION REVISION PACK

THE BMZ ACADEMY




THE BMZ ACADEMY




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MANCOSA: BBA (HONS) Assessment

A class-based discussion with model answers to PAST EXAMINATIONS AND
Assignment

Model Solutions provided in this document are not intended for cheating, rather
to provide a starting point.

All solutions were presented based on class discussion.

Further breakdown are given for each question to give students a
comprehensive starting point and keep on referencing to the relevant areas.




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APPENDIX A: ASSESSMENT COVER SHEET



ASSESSMENT COVER SHEET



Surname

First Name/s
Student Number

Subject Accounting and Financial Management
Assessment Number EXAMINATION PACK 2025
Tutor’s Name Dhiren Maharaj
Date Submitted

Submission () First Submission Resubmission
Postal Address



E-Mail

0680538213

Contact Numbers
0680538213

0680538213

Course/Intake Bachelor of Business Administration Honours



Declaration: I hereby declare that the assignment submitted is an original piece of work produced by myself.
Signature: Date:




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, THE BMZ ACADEMY

Table of Contents

QUESTION 1 (25 Marks) ............................................................................................ 5
1.1.1 Decrease in payables (2 marks) ..................................................................... 5
1.1.2 Investment income (2 marks) ........................................................................ 5
1.2 Increase or decrease in non-current liabilities? (3 marks) ...................................... 5
1.3 THREE significant changes not revealed by the Statement of Comprehensive
Income (3 marks) .................................................................................................. 6
1.4 Comments ..................................................................................................... 6
1.4.1 Decrease in inventory of R500,000 (3 marks) .................................................. 6
1.4.2 Increase in receivables of R4,500,000 (3 marks) ............................................. 7
1.4.3 Cash flows from operating activities of R17,000,000 (3 marks) ......................... 7
1.4.4 Non-current assets purchased for R19,000,000 (3 marks) ............................... 7
1.4.5 Investment of R7,000,000 (3 marks) ............................................................... 7
QUESTION 2 (25 Marks) ............................................................................................ 7
2.4 Acid-Test Ratio / Quick Ratio (4 marks) .............................................................. 9
𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐴𝑠𝑠𝑒𝑡𝑠 − 𝐼𝑛𝑣𝑒𝑛𝑡𝑜𝑟𝑦𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠 .................................................. 9
2.5 Earnings Per Share (EPS) (4 marks) ................................................................... 9
2.6 Retention Ratio (5 marks) ............................................................................... 10
QUESTION 3 (25 Marks) .......................................................................................... 11
3.1 Margin of Safety (as a percentage) (5 marks) .................................................... 11
QUESTION 4 (25 Marks) .......................................................................................... 15
4.1 Payback Period (6 marks) .................................................................................. 15
4.2 Accounting Rate of Return (ARR) for Project A (5 marks) ................................... 16
4.3 Net Present Value (NPV) of both projects (8 marks) .......................................... 17
4.4 Internal Rate of Return (IRR) for Project A (6 marks) .......................................... 18
References ............................................................................................................ 19




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