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FIN2603 ASSIGNMENT 1 SEMESTER 2
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UNISA 2024 FIN2603-24-S2 Welcome Message Assessment 1QUIZ
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
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