6 minus 1...

6 minus 1… 5 papers left from 6… this sem I’ll sit for FIN 320, FIN 312, FIN 324, FIN 323, MGT 300 & MGT 340 paper… waa… too many FINs ! But Alhamdulillah i'd seated the FIN 320 final exam... (*sigh) and luckily the questions are really sooooo easy. (*oopss!) hahahaha... ehm...i've answered the question 1,3 & 4 in Section B. (yeay!) i've finished answering all the questions in 2 hours! heheheh... (sbnrnye xtau jam kul bpe...igtkn dh nk abis waktu..) wahahahaha... bcoz i'm too bored went back room early, i've tried answer all d questions...

here's the answers.... lets exchange answers,man! (heee..)

Section A
Q1
NICF = RM 428 800
NACF = RM 27 760 , RM 75 600
TCF = RM 40 000

Q2
ER = 0.5
no. of new CS = 160 000 shares
post merger EPS = RM 3.10
post merger BS = RM 5 960 000

Section B
Q1
EBIT = RM 437 142.86
EPS = RM 2.56 , RM 1.04
*should choose Proposal 1 cz higher EPS...

Q2
(a)(i) 10.4747%
(ii) RM 1 650.34
(b) WCC = 1.12% , 4%, 4.8%

Q3
EV = 10.1% , 11.2%
variance = 7.69% , 4.96%
SD = 2.7731% , 2.2271%
CV = 0.2746 , 0.1988
*should choose Textile Fact. coz lower CV, lower risk...

Q4
(a)Operating Profit = RM 1 300 000
BEP(unit) = 18 182 units
DOL = 1.8333X
(b)DV = RM 36 000
SLM = RM 4 500
BV3 = RM 30 500
Tax Shield = RM 1 950
Total Tax Liability = RM 298 050

Q5
Cash = 480 000
AR = 1 040 000
Inventories = 1 440 000
Net FA = 2 080 000
AP = 960 000
Accruals = 400 000
RE = 1 210 000
Total Assets @ Liabilities = 5 040 000