Course: Financial Management

Part 1- Lecture 5, 8 MARKS 1. the formula for determining the break even point, provide an example (2) 2. explain what the formula shows. (2 marks) 3. explain when would you want to use it? (up to 4 marks)

Part 2-lecture 7 (15 marks) 4. explain the differences between debt and equity financing. (4 marks) 5. list 5 sources of financing (5 marks) 6. explain the difference between short, intermediate and long term financing. (6 marks)

Part 3- Lecture 8 12 marks 7. explain what is the time value of money principle. (2 marks) 8. explain the above in regards to inflation (5 marks) 9. explain the purpose and key principles of managing account receivables