Question:
This module introduces students to the main issues and financial concepts that encompass financial management that non finance majors would be able to appreciate, and yet, equipping finance major students for higher level finance or
business related courses. Students would be expected to keep abreast of financial issues that prevail and impact the domestic and financial markets. In this sense, the course is expected to go beyond theoretical issues to real market issues that impact international organisations, such as currency changes and the risk and rewards it
offers.
1. To identify and analyse an organization’s financial structure and resources.
2. To apply the finance techniques in capital budgeting or investment appraisal for decision making.
3. To evaluate the financial performance and position of a company using various financial measures and techniques.
4. To understand the allocation of resources to capital expenditure projects.
5. To assess the likely effect of the risk of a particular investment on the organisation.
Answer:
Leverage ratios |
Debt |
2016 |
2015 |
2014 |
Debt- Equity ratio |
Debt |
1.58% |
2.28% |
2.84% |
Times earned interest ratio |
EBIT |
412 |
76.7 |
See note below |
Cash coverage ratio |
EBIT+ Non cash expense |
1080.5 |
767.3 |
See note below |