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Final Exam Question Corp Finance

This document contains instructions and questions for a final examination for a Professional Master in Business Administration course in Corporate Finance. It is a 2 hour exam to be held on May 6th, 2023 from 9:00-11:00 AM. The exam consists of 4 questions worth a total of 40 marks. Question 1 has two parts worth 20 marks total, Question 2 has two parts worth 20 marks total, and Questions 3 and 4 are each worth 20 marks. The instructions specify that students must write their identifying information on each page, answer all questions on the provided answer sheet, and write page numbers on each sheet. Students are warned that copying or cheating will result in disciplinary action.

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Kuzi Tolle
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312 views

Final Exam Question Corp Finance

This document contains instructions and questions for a final examination for a Professional Master in Business Administration course in Corporate Finance. It is a 2 hour exam to be held on May 6th, 2023 from 9:00-11:00 AM. The exam consists of 4 questions worth a total of 40 marks. Question 1 has two parts worth 20 marks total, Question 2 has two parts worth 20 marks total, and Questions 3 and 4 are each worth 20 marks. The instructions specify that students must write their identifying information on each page, answer all questions on the provided answer sheet, and write page numbers on each sheet. Students are warned that copying or cheating will result in disciplinary action.

Uploaded by

Kuzi Tolle
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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MMEH 3873 PMBA – CORPORATE FINANCE SEM I FEB 2023/2024

FINAL EXAMINATION / PEPERIKSAAN AKHIR


SEMESTER FEB – SESSION 2023 / 2024 / SEMESTER FEB – SESI 2023 / 2024

PROFESSIONAL MASTER IN BUSINESS ADMINISTRATION

COURSE CODE : MMEH 3873


KOD KURSUS
COURSE NAME : CORPORATE FINANCE
NAMA KURSUS
DURATION : 2 HOURS (EXAMINATION) & 2 HOURS
TEMPOH (SUBMISSION TIME)

DATE & TIME : 06TH MAY 2023 (9.00AM-11.00AM)


TARIKH & MASA
LECTURER’S NAME NAMA : MS NIRMALA
PENSYARAH
MARKS : 40 MARKS/ 40 MARKAH
MARKAH

INSTRUCTION / ARAHAN:

1. Answer ALL questions on the answer sheet.


Jawab SEMUA soalan pada kertas jawapan.
2. Write your name, matric no., identity card no., course code, course name, section no. and
lecturer’s name on the first page (in the upper left corner) and every page thereafter on the
answer sheet.
Tulis nama anda, no. matrik, no. kad pengenalan, kod kursus, nama kursus, no. seksyen dan nama
pensyarah pada muka surat pertama (penjuru kiri atas) kertas jawapan dan pada setiap muka surat jawapan.
3.Each answer sheet must have a page number written at the bottom right corner.
Setiap helai kertas jawapan mesti ditulis nombor muka surat pada bahagian bawah penjuru kanan.
4.Answers should be handwritten, neat and clear.
Jawapan hendaklah ditulis tangan, kemas dan jelas menggunakan huruf cerai.

WARNING / AMARAN
Students caught copying / cheating during the examination will be liable for disciplinary actions and
may recommend the student to be expelled from sitting for exam.
Pelajar yang ditangkap meniru / menipu semasa peperiksaan akan dikenakan tindakan disiplin dan
boleh mengesyorkan pelajar diusir dari menduduki peperiksaan.

This examination paper consists of 8 pages including the cover.


Kertas soalan ini mengandungi 8 muka surat termasuk kulit hadapan.
MMEH 3873 PMBA – CORPORATE FINANCE SEM I FEB 2023/2024

Answer all questions.


Jawab semua soalan.

FINAL EXAM (40%)

QUESTION 1

(a) State FIVE (5) steps in Lean Production.


(10 marks)

(b) Give example of Corporate Social Responsibility provided for below stakeholders
i.Customer
ii. Supplier
iii. Stockholder/Shareholder
iv. Employees
v.Communities

(10 marks)
(Total 20 marks)

QUESTION 2

(a) State FIVE (5) limitation of Activity Based Costing (ABC). (10 marks)

(b) State FIVE (5) advantages of budgeting.

(10 marks)
(Total 20 marks)
MMEH 3873 PMBA – CORPORATE FINANCE SEM I FEB 2023/2024

QUESTION 3

Desa Tebrau Corporation has been engaged in the process of forecasting its financing
needs over the next quarter and has made the following forecasts of planned cash
receipts and disbursements:
The monthly sales for the year of 2022:
RM RM
April 800,000 August 780,000
May 950,000 September 580,000
June 700,000 October 500,000
July 650,000 November 740,000

i) The firm's sales of 80% is collected in the month of sale and the remaining balance will be
collected equally in the following two months after sales.
ii) The raw materials are 60% of sales purchased two (2) months before the sales month. The
supplier is paid one month after the purchases on the cash payment basis.
iii) The wages and salaries is paid based on 15% of sales in the month. The utilities for the
firm is 8% of sales in the month of their incurrence.
iv) Furthermore, the monthly rent expenses is RM10,000 and RM5,000 quit rent.
v) Beginning cash balance for the budget period is RM200,000 with a minimum cash balance
of RM50,000 each month.
vi) Any short term financing needed to maintain the minimum cash balance should be paid
off the month after the financing month with an annual interest rate of 5% per annum.
Prepare a monthly cash budget for the three-month period ended 30th September.
(20 marks)
MMEH 3873 PMBA – CORPORATE FINANCE SEM I FEB 2023/2024

QUESTION 4

Maxis Corporation is considering replacing a hand operated machine with a brand new
fully automated machine. The company has two types of machine to choose and they are
mutually exclusive. The firm's cost of capital is 6%. Below are the expected cash flows
generated by both machines?
Machine X1 Machine X2
Initial Investment RM 200,000 RM 200,000
Year 1 RM 55,000 RM 65,000
Year 2 RM 75,000 RM 65,000
Year 3 RM 65,000 RM 65,000
Year 4 RM 80,000 RM 65,000
Year 5 RM 90,000 RM 65,000

Calculate the following:

a) Payback period for both machines


(4 marks)
b) Net present value for both machines
(7 marks)
c) Internal rate of return for Machine X1 and DX2
(3 marks)
d) Which machine should the company choose and why?
(2 marks)
e) What are the benefits of capital budgeting?
(4 marks)
(Total 20 marks)
MMEH 3873 PMBA – CORPORATE FINANCE SEM I FEB 2023/2024
MMEH 3873 PMBA – CORPORATE FINANCE SEM I FEB 2023/2024
MMEH 3873 PMBA – CORPORATE FINANCE SEM I FEB 2023/2024
MMEH 3873 PMBA – CORPORATE FINANCE SEM I FEB 2023/2024

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