MAC3702 Application of Financial Management Techniques
University of South Africa (Unisa)
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Semester 1 2023 ()
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MAC3702 ASSIGNMENT 2 SEMESTER 1 - 2023 () 
 
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MAC3702 ASSIGNMENT 2 SEMESTER 1 OF 2023 [786840]
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MAC3702 ASSIGNMENT 2 SEMESTER 1 OF 2023 [] 
 
QUESTION 1 (36 Marks) 
 
Rezesco Ltd (“Rezesco”) is an investment company that holds various investments across several industries. The company’s investments are limited to the Southern African Development Community (SADC) member countries. Rezesco’s has a 28 February financial year-end.
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MAC3702 ASSIGNMENT 1 SEMESTER 1 OF 2023 [786412]
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Consider the following information to answer questions 1 to 6: 
 
Gravel Galore is a company owned by Josaf Mokele and Michale Molefi. They started 10 years ago on a open piece of land next to Josaf’s home, in their own community to provide sand, stone, gravel, concrete and more to the local people to assist them to gain access to these types of 
building material more easily. 
 
1. Determine the payback period of the proposed Piet Retief project....
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