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FINAL EXAMINATION
SEMESTER I
SESSION 201u20r2

COURSE NAME BUSINESS FINANCIAL

MANAGEMENT

COURSE CODE BPB 14203

PROGRAMME I BPB

EXAMINATION DATE JANUARY 2OI2

DURATION 2 HOURS 30 MINUTES

INSTRUCTION ANSWER ALL QUESTIONS

THIS QUESTION PAPER CONSIST OF 6 PAGES

CONFIDENTIAL
 BPBl4203

Ql (a) If RM 10,000 is deposited in the bank today at 9olo compounded annually.

Calculate the balance in 5 years.
(5 marks)

(b) A company needs RM 100,000 to retire bonds. Calculate the amount must be
deposited on Jan l, 20Il at l0%o interest compounded semi annually in order
to accumulate the desire sum by Jan 1, 2018.
(5 marks)

(c) If RM 73I,l9O can be invested now, calculate, what annual interest rate must
be earned in order to accumulate RM 1,000,000 three years from now. (Please
show the time line).
(5marks)

(d) Define THREE (3) definitions of Capital.

(6 marks)

(e) State FOUR (4) sources of Capital.

(4 marks)

(f) Explain the concept and the differences between Present Value (PV) and
Future Value (FV) and how can entrepleneur benefited from these concept.

(10 marks)

Q2 En. Musa has only RM 20,000 to invest and he must choose between two investments,
Project X and Project Y with 8 percent opportunity cost of capital.

Table Q2: Investment Alternative

Proiect X Proiect Y

Initial Costs RM 20.000 RM20.000

Year I RM 6,000 RM 5,000

Year2 RM 6.000 RM 5.000
Year 3 RM 6.000 RM 5,000
Year 4 RM 6.000 RM 5,000
Year 5 RM 6,000 RM 5.000

Terminal 0 RM 8,000
value
 BPBl4203

(a) Calculate the Net Present Value (NPV) for Project X and Project Y'
(6 marks)

(b) Calculate the Payback of these two investments.

(6 marks)

(c) Analyze the Intemal Rate of Retum (IRR ) involves.

(6 marks)

(d) Propose which investment would you select based on these three methods
individually.
(6 marks)

(e) Illustrate with explanation the process involves in inveshnent selection.

(11 marks)

Q3 (a) Total Sales for Karisma Incorp. for January are RM 75,000 and 20Yo of these are
cash sales. Ifyou offered a discount 10% on cash sales, calculate how much cash
would you receive in January.
(5 marks)

(b) S.A.I Corp budgeted sales are Jan RM 20,000 , Feb RM 40,000 and Mar RM
60,000. The cash collected from sales is 60% in the month of sales and 40Yo in the
month following sale, calculate the total amount of cash collected for February.

(Tmarks)

(c) Arowana Enterprise, a wholesale distributor experienced the peak sale on August.
These peak sales are shown in the company's budget for the third quarter given
below:

Budset Sales ( in unit)

July 60,000
August 90,000
September 50,000
Sales price per unit: RMl0
 BPBl4203

From past experience, the company has learned that 20o/o of a month's sales are
collecied in the month of sale, another 70o/o are collected in the month following
sale, and the remaining l0o/o are collected in the second month following sale.

sale in May totalled RM 430,000 and June sales totalled RM 540,000.

(i ) Prepare sales Budget schedule (in RM) for the July-september.

(3 marks)

( ii ) Prepare a schedule of expected cash collection from sales (in RM ) for

July to SePtember.
(15 marks)

EI\D OF QUESTION PAPER.

 BPB 14203
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aaStt rtLvtf 152.361 2o9.fr lo,Ir at5.0ca
50