Your

sister has R375 000, and wants to retire. She expects to live for another

25 years, and she also expects to earn 8% on her invested funds. How much could

she withdraw at the beginning of each of the next 25 years, and end up with

zero in the account?

Jochebed

wants to buy a piece of land, and the owner will sell it to her for R20 000

cash. Alternatively, he will let her pay for it with five annual installments

of R5 000 each, the first one being due right now. What is the implied interest

rate here?

Roselli's Machine Manufacturing Co reported its

sales as R120 000, a gross profit of R50 000 and current liabilities of R25

000. If the current ratio is 2,5 and the quick ratio is 1,75, what is the

inventory turnover for the company?

Tiger Global Management had R6 500 000 in

sales last year. The company’s total comprehensive income was R217 000, its

total assets turnover was 1,04, and the company’s return on equity (ROE) was

14%. The company is financed entirely with debt and common equity. What is the

company’s debt ratio?

Grace The Brand Jewelry generated the following

information from its financial statements:

Earnings after interest and taxes            R600 000

Earnings per share                                 R2,50 per share

Shareholder equity                                 R1000 000

Market to book ratio                               2,60

What is the company’s market price per share?

Third Rock Ventures sells all its merchandise on

credit. It has a profit margin of 8%, days sales outstanding were 60 days based

on 360 days in a year, receivables of R180 000, total assets of R4000 000, and

a debt ratio of 0,75. What is the company's return on equity (ROE)?

Saga

Innovations pays 12% interest on its outstanding debt, which amounts to R900 000.

The company’s sales are R3 200 000, its tax rate is 40% and its net

profit margin is 6%. What is the company’s time interest earned ratio?

Which

of the following two markets classify the sale of newly issued five-year

securities by the issuing company as ‘trading’?

Which

of the following is the best illustration of an agency problem?

What

is a partnership's primary flaw, as a legal structure for conducting business?