Question $1\mathrm{.}1($Theory Questions$)$

$1\mathrm{.}1$ List any $3$ sources of financing a business

$[6]$

$1\mathrm{.}2$ The Finance Manager of company has a critical role to play in an organization.

List $3$ important decisions that a financial manager must make for an organisation.

$[6]$

$1\mathrm{.}3$ Name $5$ reports that constitute a set of financial statements for companies $[5]1\mathrm{.}4$ Define what is an agency problem in organisations and name any $2$ solutions to deal with agency problem.

$[5]$

Question $2($Loan Amortisation$)$

Raman $($Pty$)$ Ltd$,$ a company based in Gauteng has recently purchased an equipment valued at R$1000000$ from a local supplier. The supplier has granted a Ioan to Raman Pty to purchase the equipment at an interest rate of $10\%$ per year, interestcompounded annually and repayable in equal instalments over $5$ years.

$($a$)$What is the annual instalment?

$[5]$

Use the Present Value of Ordinary Annuity attached. Round off to $2$ decimal place.

$($b$)$ Prepare an amortisation schedule

$[10]$

Use the following format to present your answer

$\backslash$table$[[$Year$,\backslash$table$[[$Beginning$],[$Balance$]],$Payment,$\backslash$table$[[$Interest$],[$@$10\%]],$Principal,$\backslash$table$[[$End$],[$Balance$]]],[1,,,,,],[2,,,,,],[3,,,,,],[4,,,,,],[5,,,,,],[$Total$,,,,,]]$

Round off your answer to $2$ decimal places.