This page was exported from Free Exams Dumps Materials [ http://exams.dumpsmaterials.com ] Export date:Thu Nov 21 10:06:41 2024 / +0000 GMT ___________________________________________________ Title: [2022] CIMAPRA19-F03-1 Actual Exam Dumps, CIMAPRA19-F03-1 Practice Test [Q45-Q65] --------------------------------------------------- [2022] CIMAPRA19-F03-1 Actual Exam Dumps, CIMAPRA19-F03-1 Practice Test DumpsMaterials CIMAPRA19-F03-1 dumps & CIMA Strategic level sure practice dumps Difficulty in taking the CIMA F3: Financial Strategy Exam If you want to pass your exam with an average score of at least 85%, you may trust our highly educated specialists. CIMA F3 exam dumps are the quickest way to study and pass the CIMA F3 exam. Every week, we review the CIMA F3 exam questions and answers to make sure they are up-to-date. Leader of the finance industry. The most frequently asked questions and answers about the CIMA exam. Authorized services to help you pass the exam. Study materials for the CIMA F3 exam. The CIMA F3 exam is very important for your career. Inavailable exam materials. Preparatory material that is necessary for the CIMA F3 exam. Study material that will help you prepare for the CIMA F3 exam. License holder of the CIMA F3 exam. You can trust our exam material. Our site has a wealth of study material for the CIMA F3 exam. We're committed to serving you. Grades you will get on the CIMA F3 exam. The best way to prepare for the CIMA F3 exam. Active CIMA F3 certification program. We provide all of the CIMA exam questions and answers. Compiled for the CIMA F3 exam. Most of the test takers want to pass the test. Devised CIMA F3 exam material. Internet access is required to register for the exam. Appearing in the CIMA F3 exam. CIMA exam questions and answers are important. The CIMA F3 certification is extensive and requires a lot of preparation. Talk to the CIMA exam officer. The CIMA F3 exam is tough, but it's doable if you study the materials well. Entry requirements for the CIMA F3 exam. Advertisement on the CIMA exam website. The CIMA F3 exam is very hard, but it's doable if you study the materials well. Engineering students are eligible to get the CIMA F3 exam. Code of conduct in the CIMA F3 exam. The website is in the process of being updated to provide you with the most up-to-date information. Total number of CIMA F3 certifications issued in the last year. Saved CIMA F3 exam questions and answers. Designed for mobile devices. Complete coverage of the CIMA F3 exam. Absolutely essential CIMA F3 exam questions. Correct and updated information. You can pass the exam by applying what you've learned. Rewarding CIMA F3. The CIMA F3 exam can be taken online or offline. Concepts and requirements of the CIMA F3 exam. Preparing for the CIMA F3 exam is not easy. Contact us if you have specific questions. Drag and drop page is the easiest way to access the CIMA F3 exam. Our experts will send you an email with complimentary materials. Introduction to CIMA F3: Financial Strategy Exam For the Strategic Case Study Exam, there are three quantitative measurements: one for each professional designation topic. Only after passing all the Quantitative Examinations for the course, or when accommodation has been granted, may students take the Research Report Exam. Unique to the Research Report Exam is the option for a student to test at home. CIMA F3 exam dumps The F3 course will be taught in two days. The students will also learn how to apply finance to their business, and how you can get paid for studying. Post your thoughts, or keep your money in your pocket. Mobile learning makes preparation for certification less complicated than ever before. Invest your time and effort in preparation and you will be rewarded. People who prepare for the certification in advance. If you are studying, working or just taking time off, then this is the right time to learn finance. Explained in this guide is the process of how you can learn all the basics. Provider of financial solutions for your exam needs. Times and availability may vary. The market is very dynamic. If you are starting a new company, then this guide will help you to successfully run it. Judge the company's financial condition. We believe that this guide will help you to run your company more efficiently. Wrong advertising will hurt your company. Anytime you need to learn about finance, you're already at the right place. Methods and techniques to use to your advantage. The attribute of your company is very important. Without making money, there is no future for the company. The key to the financial health of a business is the right team. Bind the interest of customers to your business. You can choose the best management team. Element that is needed for a successful company. Returns of the ownership of the company. Your business has to make enough money to sustain itself. Aspects of your company that is most likely to affect the financial performance of the company. Updation of the financial performance of your business. Methods to manage a company's financial performance. Possibility of short-term income for the company. The advantage of investment in business.   Q45. Company A is planning to acquire Company B. Both companies are listed and are of similar size based on market capitalisation No approach has yet been made to Company B’s shareholders as the directors of Company A are undecided about the most suitable method of financing the offer Two methods are under consideration a share exchange or a cash offer financed by debt.Company A currently has a gearing ratio (debt to debt plus equity) of 30% based on market values. The average gearing ratio (debt to debt plus equity) for the industry is 50% Although no formal offer has been made there have been market rumours of the proposed bid. which is seen as favorable to Company A.As a consequence. Company As share price has risen over the past few weeks while Company B’s share price has fallen.Which THREE of the following statements are most likely to be correct?  Based on current share price movements, a share exchange would mean Company A has to issue fewer shares to acquire Company B than it would have done a few weeks ago  Company B’s shareholders will be able to participate in the future growth of the combined business if it is a share exchange  The method of finance chosen will not affect the post-acquisition earning per share of the combined business  Company A’s weighted average cost of capital will fall if financing is with debt  Company A’s gearing will increase following a share exchange. Q46. A company is considering taking out $10.000,000 of floating rate bank borrowings to finance a new project. The current rate available to the company on floating rate barrowings is 8%. The borrowings contain a covenant based on an interested cover of 5 times.The project is expected to generate the following results:At what interest rate on the floating rate borrowings is the bank covenant first breached?  10.0%  11.0%  8.0%  9.4% Q47. Company A needs to raise AS500 mi lion to invest in a new project and is considering using a pub ic issue of bonds to finance the investment.Which THREE of the following statements-relating to this bond issue are true?  A company must be listed before it can issue bones.  The largest issuer of bond i3 the government.  Purchasing bonds in the capital markets enables entities to borrow large amounts of finance.  The bond market is unregulated making it easier to raise finance  Bonds issues in the corporate debt market are underwritten. Q48. Company C invests heavily in Research and Development an need to raise $45 million to finance future projects. It has decided to use equity finance raised by a tender offer, The following tender offers have been received from potential investors:Company C wishes to select an offer price that will project shareholders from a significant dilution of control but still raise the required amount of finance.What offer price should Company C’s select?  $4.50  $4.00  $4.75  $4.25 Q49. A company needs to raise $20 million to finance a project.It has decided on a rights issue at a discount of 20% to its current market share price.There are currently 20 million shares in issue with a nominal value of $1 and a market price of $5 per share.Calculate the terms of the rights issue.  1 new share for every 4 existing shares  1 new share for every 20 existing shares  1 new share for every 5 existing shares  1 new share for every 25 existing shares Q50. Hospital X provides free healthcare to all members of the community, funded by the central Government.Hospital Y provides healthcare which has to be paid for by the individual patients. It is a listed company, owned by a large number of shareholders.In comparing the above two organisations and their objectives, which THREE of the following statements are correct?  X is a not-for-profit organisation while Y is a for-profit organisation.  X and Y have the same primary financial objective – to maximise shareholder wealth.  The performance of X will be appraised primarily on the basis of value for money.  Only Y is likely to have a mixture of financial and non-financial objectives.  X and Y will have the same primary non financial objective – provision of quality of health care. Q51. Providers of debt finance often insist on covenants being entered into when providing debt finance for companies.Agreement and adherence to the specific covenants is often a condition of the loan provided by the lender.Which THREE of the following statements are true in respect of covenants?  Covenants are entered into to penalise the company.  Covenants are entered into to give the lender added protection on the loan extended to the company.  Covenants are entered into to impose financial discipline on the company.  Covenants enable the lender to demand immediate repayment or to renegotiate terms if it is breached.  Covenants are entered into to eliminate the tax liability of the company. ExplanationDiscursive_F0Q52. An entity prepares financial statements to 30 June.During the year ended 30 June 20X2 the following events occurred:1 July 20X1* The entitiy borrowed $100 million at a variable rate of interest.* In order to protect itself against the variability of its interest cashflows, the entity entered into a pay- fixed-receive-variable interest swap with annual settlements. The fair value of the swap on this date was zero.30 June 20X2* The entity received a net settlement of $2 million under the swap. After this net settlement, the fair value of the swap was $5 million – a financial asset.The entity decides to use hedge accounting for this arrangement and has designated it as a cash flow hedge. The swap is a perfect hedge of the variability of the cash interest payments.Which of the following describes the treatment of the settlement and the change in the fair value of the swap in the statement of profit or loss and other comprehensive income for the year ended 30 June20X2?  $7 million is recognised in profit or loss.  $7 million is recognised in other comprehensive income.  $2 million is recognised in profit or loss and $5 million is recognised in other comprehensive income.  $5 million is recognised in profit or loss and $2 million is recognised in other comprehensive income. Q53. The Government of Eastland is concerned that competition within its private healthcare industry is being distorted by the dominant position of the market leader, Delta Care. The Government has instructed the industry regulator to investigate whether the industry is operating fairly in the interests of patients.Which of the following factors might the industry regulator review as part of their investigation?Select ALL that apply.  Profits amongst healthcare providers  Each healthcare provider’s market share  Prices across the industry  Medical treatment efficacy rates  Industry entry barriers Q54. F Co. is a large private company, the founder holds 60% of the company’s share capital and her 2 children each hold 20% of the share capital.The company requires a large amount of long-term finance to pursue expansion opportunities, the finance is required within the next 3 months. The family has agreed that an Initial Public Offering (IPO) should not be pursued at this time, because it would take up to 12 months to arrange.The existing shareholders are currently considering raising the required finance from an established Venture Capitalist in the form of debt and equity. The Venture Capitalist has agreed to provide the required finance provided it can earn a return on investment of 25% per year. In addition, the Venture Capitalist requires 60% of the equity capital, a directorship in the company and a veto on all expenditure of a capital or revenue nature above a specified limit.From the perspective of the family, which of the following are advantages of raising the required finance from the Venture Capitalist?Select all that apply.  The cost of the finance under the Venture Capital investment.  The changes in shareholding as a result of the Venture Capital investment.  The veto on expenditure above a specified level of a revenue or capital nature.  The speed with which the finance can be obtained.  The experience of the Venture Capitalist with growing businesses. Q55. A company wishes to raise new finance using a rights issue to invest in a new project offering an IRR of 10%The following data applies:* There are currently 1 million shares in issue at a current market value of $4 each.* The terms of the rights issue will be $3.50 for 1 new share for 5 existing shares.* The company’s WACC is currently 8%.What is the yield-adjusted theoretical ex-rights price (TERP)?Give your answer to 2 decimal places.$ ?  4.06, 4.060  4.06, 4.050 Q56. A project requires an initial outlay of $2 million which can be financed with either a bank loan or finance lease.The company will be responsible for annual maintenance under either option.The tax regime is:* Tax depreciation allowances can be claimed on purchased assets.* If leased using a finance lease, tax relief can be claimed on the interest element of the lease payments and also on the accounting depreciation charge.The trainee management accountant has begun evaluating the lease versus buy decision and has produced the following data. He is not confident that all this information is relevant to this decision.Using only the relevant data, which of the following is correct?  The bank loan is $30,000 MORE expensive than the finance lease.  The bank loan is $20,000 LESS expensive than the finance lease.  The bank loan is $70,000 LESS expensive than the finance lease.  The bank loan is $120,000 LESS expensive than the finance lease. Q57. RST wishes to raise at least $40 million of new equity by issuing up to 10 million new equity shares at a minimum price of $3.00 under an offer for sale by tender. It receives the following tender offers:What is the maximum amount that RST can raise by this share issue?(Give your answer to the nearest $ million). 49Q58. RR has agreed to sell goods to XX for S20.000 XX will pay when the goods are delivered in 6 months time. RR’s home currency is the £- The current exchange rate is 4.3 £/S. The projected inflation rate for the S is 2.8%, and for the E 4 6%.When RR receives payment for its goods, what will the value be to the nearest pound?  £87.506  £85,243  £86 760  £84.520 Q59. A company is based in Country Y whose functional currency is YS. It has an investment in Country Z whose functional currency is ZS This year the company expects to generate ZS20 million profit after tax.Tax Regime* Corporate income tax rate in Country Y is 60%* Corporate income tax rate in Country Z Is 30%* Full double tax relief is availableAssume an exchange rate of YS1 = ZS5What is the expected profit after tax in YS if the ZS profit is remitted to Country Y?  YS2 29 million  YS1 60 million  YS6.67 million  YS57.14 million Q60. Companies L. M N and O:* are based in a country that uses the RS as its currency* have an objective to grow operating profit year on year* have the same total levels of revenue and cost* trade with companies or individuals in the United States. All import and export trade with companies or individuals in the United States is priced in US$.Typical import/export trade for each company in a year are as follows:Which company’s growth objective is most sensitive to a movement in the USS / RS exchange rate?  Company L  Company M  Company N  Company O Q61. Listed company R is in the process of making a cash offer for the equity of unlisted company S.Company R has a market capitalisation of $200 million and a price/earnings ratio of 10.Company S has a market capitalisation of $50 million and earnings of $7 million.Company R intends to offer $60 million and expects to be able to realise synergistic benefits of $20 million by combining the two businesses. This estimate excludes the estimated $8 million cost of integrating the two businesses.Which of the following figures need to be used when calculating the value of the combined entity in $ millions?  8, 20, 50, 60, 200  8, 20, 50, 200  20, 50, 60, 200  7, 10, 20, 50, 200 ExplanationCalculation_F0Calc_Set1Q62. B has a S3 million loan outstanding on which the interested rate is reset every 6 months for the following 6 month and the interested is payable at the end of that 6 month period. The next 6 monthly reset period starts in3 months and the treasurer of B thinks interested rates are likely to raise between and then.Current 6-month rates are 6.4% and the treasurer can get a rate of 6.9% for a 6-month forward rate agreement (FRA) starting in 3 months time. By transacting an TRA the treasurer can lock in a rate today of 6.9%.If interested rates are 7.5% in 3 months’ time, what will the net amount payable be?Give your answer to the nearest thousand dollars. 104Q63. A listed company has suffered a period of falling revenues and profit margins. It has been obliged to issue a profit warning to the market and its share price has fallen sharply. The company relies heavily on debt finance and is discussing with its banks possible refinancing options to assist with a restructuring programme.Which THREE of the following are likely to be of MOST interest to the company’s banks when they review the refinancing requests?  Cash flow forecasts  Current capital structure  Trends in share price movements  Shareholder profile  Book value of assets Q64. Company A plans to acquire Company B, an unlisted company which has been in business for 3 years.It has incurred losses in its first 3 years but is expected to become highly profitable in the near future.No listed companies in the country operate the same business field as Company B, a unique new high- risk business process.The future success of the process and hence the future growth rate in earnings and dividends is difficult to determine.Company A is assessing the validity of using the dividend growth method to value Company B.Which THREE of the following are weaknesses of using the dividend growth model to value an unlisted company such as Company B?  The company has been unprofitable to date and hence, there is no established dividend payment pattern.  The future projected dividend stream is used as the basis for the valuation.  The future growth rate in earnings and dividends will be difficult to accurately determine.  The dividend growth model does not take the time value of money into consideration.  The cost of capital will be difficult to estimate. Q65. An all equity financed company plans an issue of new ordinary shares to the general public to raise finance for a new projectThe following data applies:* 10 million ordinary shares are currently in issue with a market value of S3 each share* The new project will cost S2.88 million and is expected to give a positive NPV of S1 million* The issue will be priced at a AaA discount to the current share price.What gam or loss per share will accrue to the existing shareholders?  Gain of 0.18  Loss of $0.08  Gain of $0.08  Loss of $0.18  Loading … How to book CIMA F3: Financial Strategy Exam Step 1: Visit the Official websiteStep 2: Select the CIMA F3: Financial Strategy ExamStep 3: Pay the exam amount through debit card   CIMAPRA19-F03-1 Actual Questions and Braindumps: https://www.dumpsmaterials.com/CIMAPRA19-F03-1-real-torrent.html --------------------------------------------------- Images: https://exams.dumpsmaterials.com/wp-content/plugins/watu/loading.gif https://exams.dumpsmaterials.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2022-10-23 09:38:34 Post date GMT: 2022-10-23 09:38:34 Post modified date: 2022-10-23 09:38:34 Post modified date GMT: 2022-10-23 09:38:34