FIN2601 EXAMPACK

SECTION A: MULTIPLE-CHOICE QUESTIONS 1) The key aspects of financial planning process are? 1. cash planning and profit planning 2. cash planning and financing 3. investment planning and profit planning 4. cash planning and investment planning 2) Making financing decisions include all the following EXCEPT 1. Deciding which individual short-term sources are best at a given point in time 2. Deciding which individual long-term sources are best at a given point in time. 3. analysing the quarterly budget and performance reports 4. determining the appropriate mix of short-term and long-term financing 3) The following information is available for PTF Ltd Sales R300 000 Earnings after interest and tax R150 000 Preference dividends due R 20 000 Preference shares issued R 5 000 Ordinary shares issued R 13 000 Given this information, PTF Ltd’s earnings per share (eps) will be closest to? 1. R26 2. R10 3. R30 4. R60 pg. 3 4) At the end of 2015, Moscow Industries reported retained earnings of R775 000 and it had R367 500 worth of net income during the year. The previous year the company had reported R455 000 in retained earnings. If the company purchased no shares during 2007, how much dividends did it pay during 2015 1. R 47 500 2. R 47 381 3. R 52 500 4. R 55 125