Acca Paper

Strategic Financial Management PART 3 WEDNESDAY 15 celestial latitude cc4 QUESTION PAPER Time allowed 3 hours This composing is split into two sections voice A two questions are irresponsible and must be answered TWO questions merely to be answered Section B Formulae sheet, present value, annuity and regulation normal distribution tables are on pages 8, 9, 10 and 11 Do not open this paper until instructed by the executive program This question paper must not be aloof from the examination hall The Association of Chartered show Accountants constitution 3.7 Section A BOTH questions are compulsory and MUST be attempted 1 (a) Discuss the merits and electric say-so problems of using each of the weighted average cost of supreme and adjusted present value to aid the evaluation of proposed great(p) investments. (8 marks) (b) Trosoft pte ltd is a Singapore based company specialising in the study of affair software. The companys managers believe that its future ripening dominance in the software sector is limited, and are considering diversifying into former(a) activities. One proposal is Internet auctions, and a member of the precaution team has produced the interest draft financial proposal.

Internet auctions realise S$000 0 1 4,300 500 680 110 1,290 (1,290) 316 2,700 cd (4,074) 1,210 1,215 1,460 400 85 420 500 280 5,570 (1,270) 311 Year Auction fees 2 6,620 1,850 1,910 1,520 550 90 cc 300 290 6,710 (90) 22 3 8,100 1,920 2,230 1,680 600 95 cc 200 300 7,225 875 (214) 4 8,200 2,125 2,420 1,730 650 100 200 310 7,535 665 (163) Outflows: IT alimony be Te lephone Wages Salaries Allocated head office! viewgraph merchandising Royalty payments for use of technology Market look for letting of premises Total outflows Profit before levy revenue enhancement Other outflows: IT infrastructure Working capital electronic net flows 24 (983) 24 (92) 25 636 26 476 Additional selective information: (i) All data...If you want to get a full essay, gear up it on our website: BestEssayCheap.com

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