Simphiwe - Safety Officer - Berea, KZN, South Africa

Nxumalo Simphiwe

Berea, KZN, South Africa

Services

Safety Officer

  • Full time
  • Part time
  • One time
  • Contract
  • Temp

Work History

Financial Management in Southern Africa

Marx, J & De Swardt, C

4th edition. South
Africa: Pearson Education.
4.2 Recommended books
None.
4.3 Electronic Reserves (e-Reserves)
None.

5 STUDENT SUPPORT SERVICES FOR THE MODULE
Important information appears in your my Studies @ Unisa brochure.


6 MODULE-SPECIFIC STUDY PLAN
Use your my Studies @ Unisa brochure for general time management and planning skills.

Introduction to finance and the financial environment:
• Study Chapter 1 in the study guide.
• Read Chapter 1 in the prescribed textbook.

Time value of money:
• Study Chapter 2 in the study guide.
• Read Chapter 7 in the prescribed textbook.

The investment decision:
The investment in long-term assets and capital projects
• Study Chapter 3 in the study guide.
• Read Chapter 13 in the prescribed textbook.

Investment in working capital:
The management of cash
• Study Chapter 4 in the study guide.
• Read Chapter 9 in the prescribed textbook.

Investment in working capital:
The management of accounts receivable
• Study Chapter 5 in the study guide.
• Read Chapter 10 in the prescribed textbook.

Investment in working capital:
-6-
FMA401V/101

The management of inventory
• Study Chapter 6 in the study guide.
• Read Chapter 11 in the prescribed textbook.

Financial statements analysis and financial ratio analysis:
• Study Chapter 7 in the study guide.
• Read Chapters 3 and 4 in the prescribed textbook.

Leverages in Financial Management:
• Study Chapter 8 in the study guide.
• Read Chapter 16 in the prescribed textbook.

7 ASSESSMENT
7.1 Assessment plan
Assignments are seen as part of the learning material for this module. As you do the assignments, study the reading texts, consult other resources, discuss the work with fellow
students or tutors or do research, you are actively engaged in learning. Paying attention to the assessment criteria for each assignment will help you to understand more clearly what is
required of you.

You...

cash holdings

QUESTION 16
If a company's debtors decrease by R300, creditors decrease by R100 and inventory increases by R100, what will the net effect on the company's cash holdings be if the inventory was bought with cash?
1. −R100
2. R100
3. R300
4. R500

Use the following information for Questions 17-20.

CB Ltd is compiling its cash budget for November 2014. Sales of R200 000 are expected for
November. Past sales are as follows:

August September October
R220 000 R180 000 R190 000


• 30% of sales are cash and the remainder are on credit.
• Of the credit sales, 20% is collected in the month of sale, 50% in the first month after the month of sale and the remainder in the second month after the month of sale.
• Purchases are equal to 40% of each month's sales and are on credit.
• 40% of purchases are paid for in the first month after the month of purchase and the remainder in the second month after the month of purchase.

QUESTION 17

Calculate the total cash receipts from credit sales that will be received in November.

1. R28 000
2. R94 500
3. R132 300
4. R140 000

QUESTION 18

Calculate the total cash receipts for November.
1. R60 000
2. R72 300
3. R132 300
4. R192 300


-14- FMA401V/101
QUESTION 19

Calculate the amount of September's purchases that will be paid in November.


1. R28 800
2. R30 400
3. R43 200
4. R72 000

QUESTION 20

Calculate the total cash payments for credit purchases in November.

1. R30 400
2. R43 200
3. R73 600
4. R80 000


-15-
ASSIGNMENT 02 Due date: 1 August 2014

Unique number: 818487

Aim: To evaluate your knowledge of some of the fundamental aspects of:

• investments in working capital: accounts receivable management (study unit 5)
• investments in working capital: inventory management (study unit 6)
• financial ratio analysis (study unit 7)
• leverage in financial management (study unit 8)

Answer the following questions and submit your assignment at https://my.unisa.ac.za

QUESTION...

NPV and whether Firm Z

QUESTION 8
Calculate the net present value (NPV) of the cash flows associated with the machine and choose the correct option below, indicating the NPV and whether Firm Z should invest in the
machine or not. Assume a discount rate of 6%.

1. NPV is R909 and Firm Z should invest in the machine.
2. NPV is R2000 and Firm Z should invest in the machine.
3. NPV is R909 and Firm Z should not invest in the machine.
4. NPV is R2 000 and Firm Z should not invest in the machine.

QUESTION 9

Firm Z has changed their capital structure and now has a cost of capital of 14%.
Calculate the internal rate of return (IRR) of the investment.
1. −3%
2. 12%
3. 14%
4. 25%

QUESTION 10
Firm L has to decide between two investments with the following expected cash outlays and inflows:
Investment A: An outflow of R50 000 which is expected to generate R6 000 yearly.
Investment B: An outflow of R45 000 which is expected to generate R5 500 yearly.

Calculate the payback period of both investments and choose the correct option below,
indicating which of the two projects should be selected if an acceptable payback period is less
than 10 years.
1. Only investment A should be accepted.
2. Neither investment A nor B should be accepted.
3. Both projects should be accepted.
4. Only investment B should be accepted.

QUESTION 11
If the net present value of an investment is positive, then the internal rate of return of the investment will be
1. negative
2. above the cost of capital
3. below the cost of capital
4. equal to the cost of capital


-12- FMA401V/101
QUESTION 12

You have an opportunity to invest in a retirement annuity that yields interest of 7% compounded
yearly. The annuity requires payments of R60 000 per year for a period of 20 years, at which
time you plan to retire. What will the annuity be worth at the end of the 20 years?

1. R232 181
2. R242 324
3. R2 459 830
4. R2 604 633

QUESTION 13
What is the present value of an annuity that receives...

Safety Representative

C1

kettleroom Assistant

Synthomer Chemical

June 2006 - August 2007

Responsibility: Adhere housekeeping and Cleaning Filter
Port and assister operators
: In September 2007 promoted as final
Processing Operator
Responsibility: Packaging final product in bulk tank and in
Drums

: In October 2008 promoted as Kettleroom
Operator
Responsibility: Operating Reactors Semi-Automatic and
Manual Reactors

: In July 2009 promoted as Process Controller
Responsibility: Operating ABB System Automatic Reactors
And also in Manual
Duration: Till to Date

Assistant

Elite Engineering

Qualifications & Certifications

General

unisa

Education

Menzi High School

Management

Unisa

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