Firefly Open Source Community

   Login   |   Register   |
New_Topic
Print Previous Topic Next Topic

[General] Trustworthy F3 Exam Torrent & F3 Download Fee

135

Credits

0

Prestige

0

Contribution

registered members

Rank: 2

Credits
135

【General】 Trustworthy F3 Exam Torrent & F3 Download Fee

Posted at 9 hour before      View:7 | Replies:0        Print      Only Author   [Copy Link] 1#
It is well known that even the best people fail sometimes, not to mention the ordinary people. In face of the CIMA F3 exam, everyone stands on the same starting line, and those who are not excellent enough must do more. If you happen to be one of them, our F3 Financial Strategy F3 Learning Materials will greatly reduce your burden and improve your possibility of passing the exam. Our advantages of time-saving and efficient can make you no longer be afraid of the F3 exam.
Our company employs experts in many fields to write F3 study guide, so you can rest assured of the quality of our learning materials. What's more, preparing for the exam under the guidance of our F3 exam questions, you will give you more opportunities to be promoted and raise your salary in the near future. So when you are ready to take the exam, you can rely on our F3 Learning Materials. If you want to be the next beneficiary, what are you waiting for? Come and buy our F3 learning materials.
CIMA Trustworthy F3 Exam Torrent & Free PDF Unparalleled F3 Financial StrategyCertkingdomPDF’s F3 exam dumps comprise a brief and succinct set of exam questions that provides authentic, updated and the most relevant information on each syllabus contents that may be the part of your F3 exam paper. The F3 dumps have been verified and approved by the skilled professional. Hence, there is no question of irrelevant or substandard information. The feedback of our customers evaluates F3 Brain Dumps as the top dumps that helped their overcome all their exam worries rather enabled them to ace it with brilliant success.
CIMA F3 Financial Strategy Sample Questions (Q165-Q170):NEW QUESTION # 165
A company generates operating profit of $17.2 million, and incurs finance costs of $5.7 million.
It plans to increase interest cover to a multiple of 5-to-1 by raising funds from shareholders to repay some existing debt. The pre-tax cost of debt is fixed at 5%, and the refinancing will not affect this.
Assuming no change in operating profit, what amount must be raised from shareholders?
Give your answer in $ millions to the nearest one decimal place.
$ ?
Answer:
Explanation:
45.2

NEW QUESTION # 166
Which THREE of the following are benefits of integrated reporting?
  • A. Promote an understanding of the interdependencies of capitals.
  • B. Improve the quality of information available to the providers of financial capital.
  • C. Support integrated decision-making.
  • D. Reduce the amount of work that is required to produce the report and accounts.
  • E. Improve short term decision making.
Answer: A,B,C

NEW QUESTION # 167
Company AD is planning to acquire Company DC. It is evaluating two methods of structuring the terms of the bid, which will be ether a debt-funded cash offer or a share exchange The following Information is relevant
* The two companies are of similar size and in related industries
* AB's gearing ratio measured as debt to debt plus equity, is currently 30% based on market values. This Is the company's optimum capital structure set to reflect the risk appetite of shareholders.
* The combined company is expected to generate savings and synergies
Which THREE of the following are advantages to AB's shareholders of a debt-funded cash offer compared with a share exchange?
  • A. More of the synergistic benefits of the acquisition will accrue to AB's current shareholders.
  • B. WACC will increase f credit worthless falls too low, further increasing the returns to shareholders.
  • C. Shareholder control will remain with AB's current shareholders
  • D. EPS Mil Increase
  • E. Gearing will increase.
Answer: A,C,D
Explanation:
Advantages of a debt-funded cash offer vs a share exchange:
A). Shareholder control will remain with AB's current shareholders.
B). More of the synergistic benefits will accrue to AB's current shareholders.
D). EPS will increase (no dilution of equity; if synergies materialise, earnings are spread over the same number of shares).
CIMA F3 examines acquisition financing choices under Financial Policy Decisions and Mergers and Acquisitions, with a particular focus on how cash offers versus share exchanges affect shareholder wealth, control, gearing and earnings. The key issue from the perspective of Company AB's shareholders is whether the method of financing enhances shareholder value without undermining the firm's optimal capital structure.
A debt-funded cash offer involves Company AB raising debt to pay cash to the shareholders of Company DC.
In contrast, a share exchange issues new equity, diluting existing ownership.
Option A is an advantage.
CIMA F3 highlights that a cash offer allows existing shareholders to retain control, because no new shares are issued. With a share exchange, ownership and voting power are diluted as DC's shareholders become part- owners of the combined company.
Option B is an advantage.
Under a cash offer, all future synergies accrue to AB's existing shareholders. F3 explains that with a share exchange, synergy benefits are shared with the target's shareholders through their new equity stake.
Therefore, a debt-funded cash offer concentrates the upside of synergies with the acquirer's shareholders.
Option D is an advantage.
CIMA F3 notes that debt financing can lead to EPS growth, provided the return on the acquisition exceeds the cost of debt. Because no new equity is issued, earnings are spread over the same number of shares, and financial gearing magnifies returns to equity holders.
The remaining options are not advantages:
C (Gearing will increase) is a consequence, not an advantage. Since AB is already at its optimum capital structure, higher gearing increases financial risk.
E is incorrect; increasing WACC would reduce shareholder value, not enhance it.

NEW QUESTION # 168
ART manufactures traditional scooters. It has an equity beta of 1.4 and is financed entirely by equity. It plans to continue to be all-equity financed in future.
It is considering producing a range of electric scooters
GGG is a comparable quoted electric scooter manufacturer GGG has an equity beta of 2 4 reflecting its high level of gearing (the ratio of debt to equity is VI using market values).
The risk-free rate is 5%, and the market premium is 6%.
The rate of corporation tax is 20%
What is the recommended discount rate that ART should use to assess the project to manufacture electric scooters?

Answer:
Explanation:
13%
1. De-gear GGG's equity beta to get its asset betaGGG's data:Equity beta #e=2.4eta_e = 2.4#e=
2. 4Gearing D/E=1D/E = 1D/E=1 (market values)Tax rate T=20%T = 20%T=20%Formula:#a=#e1+(1#T) DEeta_a = rac{eta_e}{1 + (1-T) rac{D}{E}}#a=1+(1#T)ED#e #a=2.41+0.8×1=2.41.8=43#1.33eta_a
= rac{2.4}{1 + 0.8         imes 1} = rac{2.4}{1.8} = rac{4}{3} approx 1.33#a=1+0.8×12.4=1.82.4=34#1.33 This asset beta represents the business risk of electric scooters.2. Re-gear for ART's capital structureART is and will remain all-equity financed, so for the project:#project=#a#1.33eta_{        ext{project}} = eta_a
approx 1.33#project=#a#1.33 3. Use CAPM to get the discount rateGiven:Risk-free rate Rf=5%R_f = 5% Rf=5%Market risk premium (Rm#Rf)=6%(R_m - R_f) = 6%(Rm#Rf)=6%Required return=Rf+#project (Rm#Rf)=5%+1.33×6%=5%+8%=13%        ext{Required return} = R_f + eta_{        ext{project}}(R_m - R_f) =
5% + 1.33         imes 6% = 5% + 8% = 13%Required return=Rf+#project(Rm#Rf)=5%+1.33×6%=5%+8%
=13% Recommended discount rate (nearest whole %): 13%

NEW QUESTION # 169
Where a company acquires another company, which THREE of the following offer the greatest potential for enhancing shareholder wealth?
  • A. Exploiting production synergies.
  • B. Elimination of existing competition.
  • C. Creating new opportunities for employees.
  • D. Acquiring intellectual property assets
  • E. Achieving more press coverage for the company
  • F. Achieving greater cultural diversity
Answer: A,B,D
Explanation:
The items that most clearly enhance shareholder wealth are those that increase future cash flows or create valuable strategic assets:
D). Exploiting production synergies - cost savings / higher margins.
E). Elimination of existing competition - greater pricing power and market share.
F). Acquiring intellectual property assets - unique products, barriers to entry, licensing income.

NEW QUESTION # 170
......
Knowledge makes prominent contributions to human civilization and progress. In the 21st century, the rate of unemployment is increasing greatly. Many jobs are replaced by intelligent machines. You must learn practical knowledge such as our F3 actual test guide, which cannot be substituted by artificial intelligence. In addition, you do not need to purchase other reference books. Our F3 Exam Questions are able to solve all your problems of preparing the exam. Of course, our study materials are able to shorten your learning time. You will have more spare time to do other things. And we can ensure you to pass the F3 exam.
F3 Download Fee: https://www.certkingdompdf.com/F3-latest-certkingdom-dumps.html
CertkingdomPDF is a professional website that helps you to pass the different kind of IT F3 exam with offering you CIMA F3 real braindumps and F3 braindumps study materials, Now our CertkingdomPDF works out a F3 dumps vce can help you do F3 exam review better and pass exam effectively, Besides, from the F3 CertkingdomPDF guidance, you may come up with a few ideas of you own and apply them to your F3 CertkingdomPDF study plan.
Larry Loeb explains why OnyX has something for everyone, F3 Original Questions So you've really got to stop it, CertkingdomPDF is a professional website that helps you to pass the different kind of IT F3 Exam with offering you CIMA F3 real braindumps and F3 braindumps study materials.
Real CIMA F3 Exam Question Samples For FreeNow our CertkingdomPDF works out a F3 dumps vce can help you do F3 exam review better and pass exam effectively, Besides, from the F3 CertkingdomPDF guidance, you may come up with a few ideas of you own and apply them to your F3 CertkingdomPDF study plan.
So once you have done you work excellently, you will soon get promotion, F3 This is the right kind of helping tool which will provide you the biggest success with maximum ease and comfort in the test.
Reply

Use props Report

You need to log in before you can reply Login | Register

This forum Credits Rules

Quick Reply Back to top Back to list