Financial Management Past Paper PDF 2024 (Year 1)

Toets Financial Management EN - Year 1 - February 2024 resit Aantal vragen: 60 Afnameperiode: 9 februari 2024 13:30 - 17:25 Tijdsduur: 150 minuten Cesuurpercentage: 63% Benodigde score: 37.98 punten Instructie Welcome to your exam. This genera...

Toets Financial Management EN - Year 1 - February 2024 resit Aantal vragen: 60 Afnameperiode: 9 februari 2024 13:30 - 17:25 Tijdsduur: 150 minuten Cesuurpercentage: 63% Benodigde score: 37.98 punten Instructie Welcome to your exam. This general introduction page can be viewed at any point in your exam. If you have any questions, please contact the invigilator present (on campus) or the chat in ProctorExam. Please keep track of your test time. This is shown in the left corner at the bottom of your page! These are the authorised materials: Textbook Self-made notes (printed or handwritten) Calculator (accessible via Testvision, at the bottom of your page) Scrap paper (accessible via Testvision, at the bottom of your page) Attention: If you are taking your exam via ProctorExam, keep the following guidelines in mind: NO headphones or earplugs DO NOT talk or mumble Make sure you are visible to the camera at all times Good luck! Pagina 1/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Part A: Accounting Vraag 1 − Meerkeuze − ID: 73935 (1 punt) The following information has been provided by a company: Inventories at the start of the year were €50,000 During the year, purchases of €300,000 were made Inventories at the end of the year were €60,000 What was the cost of sales in that year? A €290,000 B €310,000 C €350,000 D €300,000 Vraag 2 − Meerkeuze − ID: 73905 (1 punt) Statement 1: The statement of financial position shows the inventories sold in a period of time. Statement 2: The statement of cash flows shows the total amount of inventories purchased in a period of time. Which of the statements is/are correct? A Both statements are correct B Only statement 2 is correct C Only statement 1 is correct D Neither statement is correct Pagina 2/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 3 − Meerkeuze − ID: 73934 (1 punt) A company records sales revenue of €200,000. The purchases in that same period were in the amount of €110,000. The gross profit margin was 40%. What was the cost of sales in that period? A €120,000 B €90,000 C €80,000 D €110,000 Vraag 4 − Meerkeuze − ID: 72274 (1 punt) Which one of the following is an asset? A The depreciation costs of a motor vehicle. B Retained earnings of an organisation. C Trade receivables relating to an amount owed from customers. D A bank loan to finance new IT hardware. Pagina 3/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 5 − Meerkeuze − ID: 73916 (1 punt) Rust Ltd has provided the following information: Inventories: €65,000 Software licences: €100,000 Equipment: €320,000 Trade receivables: €40,000 Trade payables: €70,000 Cash at bank: €60,000 Equity: €150,000 What is the total amount of non-current assets? A €480,000 B €320,000 C €570,000 D €420,000 Vraag 6 − Meerkeuze − ID: 73931 (1 punt) What is the correct classification of cost of sales? A Neither an expense nor a cash payment B An expense C An expense and a cash payment D A cash payment Vraag 7 − Meerkeuze − ID: 73912 (1 punt) The purchase of inventories increased by €20,000. What is the direct effect on the different profit levels? A No profits are affected. B Gross profit, EBITDA, EBIT and net profit are affected. C EBIT and net profit are affected. D Only net profit is affected. Pagina 4/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 8 − Meerkeuze − ID: 73919 (1 punt) On 1 January 2023, Reeds Ltd reported €280,000 as total equity on their statement of financial position. In 2023, the company makes a net profit of €50,000 and had a net cash flow of €30,000. What is the value of equity on 31 December 2023? A €360,000 B €260,000 C €300,000 D €330,000 Vraag 9 − Meerkeuze − ID: 73913 (1 punt) Interest costs decreased by €25,000. All other items in the income statement remained the same. What is the effect on the different profit levels? A EBIT and net profit increased by €25,000. B EBITDA, EBIT and net profit increased by €25,000. C Net profit increased by €25,000. D EBIT and net profit decreased by €25,000. Pagina 5/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 10 − Meerkeuze − ID: 73924 (1 punt) Grassroots Ltd has provided you with the following information about the purchase of new computers: The cost of the computers is €75,000. The company's accounting policy indicates that Furniture & Fittings is depreciated in a straight line. The Furniture & Fittings has a useful life of 5 years. The residual value of the computer equipment is estimated at €5,000. What is the annual depreciation charge? A €13,000 B €15,000 C €14,000 D €10,000 Vraag 11 − Meerkeuze − ID: 73925 (1 punt) The following information has been provided for a company: As at 1 January 2023, total non-current assets were recorded in the statement of financial position at an amount of €500,000. For the year ended 31 December 2023, the total depreciation charge was €60,000. During 2023, new non-current assets were acquired at a cost of €40,000. What is the carrying amount for total non-current assets as at 31 December 2023? A €440,000 B €460,000 C €400,000 D €480,000 Pagina 6/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 12 − Meerkeuze − ID: 73923 (1 punt) An entrepreneur withdraws €20,000 from his company for private purposes. Where on the statement of cash flows of the company is this transaction recorded? A The transaction is recorded as cash flows from investing activities. B The transaction is recorded as cash flows from operating activities. C The transaction is not recorded on the statement of cash flows. D The transaction is recorded as cash flows from financing activities. Vraag 13 − Meerkeuze − ID: 73906 (1 punt) Statement 1: The balance of trade payables is the amount owed to suppliers as a result of purchases made on credit. Statement 2: The balance of trade payables is the amount of cash paid to suppliers in a certain period. Which of the statements is/are correct? A Neither statement is correct. B Only statement 1 is correct. C Only statement 2 is correct. D Both statements are correct. Pagina 7/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 14 − Meerkeuze − ID: 73926 (1 punt) A company has provided you with the following information about the purchase of new equipment: The company acquired new equipment on 1 June 2023 (so NOT 1 January 2023!) at a cost of €160,000. The company's accounting policy indicates that computer equipment is depreciated in a straight line. Depreciation is only charged for the period since acquisition. The computer equipment has a useful life of 4 years. The residual value of the computer equipment is estimated at €16,000. What will the depreciation charge be for the year ended 31 December 2023? A €108,000 B €120,000 C €136,667 D €139,000 Vraag 15 − Meerkeuze − ID: 73927 (1 punt) In 2023, Hop Ltd made sales on credit in the amount of €50,000 and cash sales in the amount of €10,000. What amount is recorded as sales revenue in the income statement? A €50,000 B €10,000 C €60,000 D €40,000 Pagina 8/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 16 − Meerkeuze − ID: 73930 (1 punt) Dusk Ltd has the financial objective to reduce their operating expenses by 10%. Which ONE of the following options could contribute to this goal? A Reducing rent expenses B Reducing investments C Decreasing the cost of sales D Increasing the sales revenue Vraag 17 − Meerkeuze − ID: 73921 (1 punt) A company purchases inventories on credit. Where on the statement of cash flows is this transaction recorded? A The transaction is not recorded on the statement of cash flows. B The transaction is recorded as cash flows from financing activities. C The transaction is recorded as cash flows from investing activities. D The transaction is recorded as cash flows from operating activities. Vraag 18 − Meerkeuze − ID: 73907 (1 punt) Statement 1: The net profit in a certain time period accounts for the movement in Equity in that period. Statement 2: The net profit in a certain time period accounts for the movement in the Cash at bank balance in that period. Which of the statements is/are correct? A Only statement 2 is correct. B Both statements are correct. C Neither statement is correct. D Only statement 1 is correct. Pagina 9/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 19 − Meerkeuze − ID: 73928 (1 punt) As at 1 January 2023, M&P Ltd had trade receivables of €80,000. In 2023, the company made sales on credit of €200,000 and received cash from customers in the amount of €220,000 What was the value of trade receivables as at 31 December 2023? A €100,000 B €80,000 C €280,000 D €60,000 Vraag 20 − Meerkeuze − ID: 73936 (1 punt) Moon Ltd has provided the following information for the year ended 31 December 2023. Sales revenue was €5,000,000 Cost of sales was €800,000 Purchases were €900,000 What was Moon Ltd's gross profit for the year ended 31 December 2023? A €4,900,000 B €4,100,000 C €4,200,000 D €3,300,000 Vraag 21 − Meerkeuze − ID: 73915 (1 punt) A company purchases inventories in the amount of €5,000 and pays directly via a bank transaction. What is the direct effect on the current assets? A The total amount of current assets decreases by €5,000. B The total amount of current assets increases by €5,000. C The total amount of current assets increases by €10,000. D The total amount of current assets stays the same. Pagina 10/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 22 − Meerkeuze − ID: 73937 (1 punt) Stream Ltd has provided the following information: As at 1 January 2023, Stream Ltd owned inventories with a value of €10,000 As at 31 December 2023, Stream Ltd owned inventories with a value of €12,000 The cost of sales reported on the income statement of 2023 was €80,000 What was the cost of new inventories purchased by Stream Ltd in 2023? A €80,000 B €12,000 C €78,000 D €82,000 Vraag 23 − Meerkeuze − ID: 73929 (1 punt) Where are rent expenses recorded in the income statement? A Gross profit B Cost of sales C Operating expenses D Interest expense Vraag 24 − Meerkeuze − ID: 73932 (1 punt) A company takes out a loan of €5,000,000 at the start of a new financial year. The repayment is in a straight-line over 10 years with repayments at the end of the year. The interest rate is 6%. What amount is repaid in the first year? A €200,000 B €800,000 C €300,000 D €500,000 Pagina 11/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 25 − Meerkeuze − ID: 73914 (1 punt) A payment of €50,000 is received from a customer in relation to an earlier sales on credit. What is the direct effect on the different profit levels? A Only net profit is affected. B Gross profit, EBITDA, EBIT and net profit are affected. C No profits are affected. D EBIT and net profit are affected. Vraag 26 − Meerkeuze − ID: 73903 (1 punt) A company realises a net cash flow of €50,000. Where would this be recorded in the statement of financial position? A It should be added to equity. B It should be added to cash at bank. C It should be added to non-current assets. D It should be added to current assets. Vraag 27 − Meerkeuze − ID: 73904 (1 punt) Statement 1: The value of office equipment is reported on the statement of financial position. Statement 2: The value of office equipment is reported as 'office expenses' on the income statement. Which of the statements is/are correct? A Only statement 1 is correct B Both statements are correct C Neither statement is correct D Only statement 2 is correct Pagina 12/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 28 − Meerkeuze − ID: 73933 (1 punt) A company has a long-term loan with a loan balance of €300,000 at the start of the year. During the year, €20,000 is repaid. Interest expenses are paid in the amount of €12,000. What is the loan balance at the end of the year? A €280,000 B €288,000 C €292,000 D €268,000 Vraag 29 − Meerkeuze − ID: 73918 (1 punt) Hay Events repays €45,000 on a long-term loan. What is the direct effect on the statement of financial position? A Non-current liabilities increase by €45,000, cash and cash equivalents decrease by €45,000. B Non-current liabilities decrease by €45,000, cash and cash equivalents decrease by €45,000. C Non-current liabilities increase by €45,000, cash and cash equivalents increase by €45,000. D Non-current liabilities decrease by €45,000, cash and cash equivalents increase by €45,000. Vraag 30 − Meerkeuze − ID: 73920 (1 punt) A company pays the salaries of their personnel. How is this transaction recorded on the statement of cash flows? A The transaction is recorded as cash flows from financing activities. B The transaction is not recorded on the statement of cash flows. C The transaction is recorded as cash flows from investing activities. D The transaction is recorded as cash flows from operating activities. Part B: Break-even analysis Pagina 13/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 31 − Meerkeuze − ID: 73947 (1 punt) The break-even point is 3,000 visits. The margin of safety is 40%. What is the expected number of visits? A 2,000 visits B 1,800 visits C 5,000 visits D 4,200 visits Vraag 32 − Meerkeuze − ID: 73939 (1 punt) What is a cost that is directly connected to the level of business activity known as? A A variable cost B An opportunity cost C A fixed cost D A sunk cost Vraag 33 − Meerkeuze − ID: 73946 (1 punt) A company expects 2,000 visitors at its upcoming event. The estimated break-even point is 1,400 visitors. What is the margin of safety? A 43% B 30% C 15% D 20% Pagina 14/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 34 − Meerkeuze − ID: 73940 (1 punt) What kind of cost structure is less risky? Select the most applicable answer. A Companies with a relatively low margin of safety B Companies with a relatively high opportunity costs C Companies with a relatively high proportion of variable costs D Companies with a relatively high proportion of fixed costs Vraag 35 − Meerkeuze − ID: 73945 (1 punt) A festival has a stand that sells t-shirts. A t-shirt is sold for €25 each. The cost of sales of a t-shirt is €8. The fixed costs for the stand per day are €2,550. How many t-shirts must be sold each day to break even? A 102 B 150 C 72 D 184 Vraag 36 − Meerkeuze − ID: 73943 (1 punt) A company has sales revenue of €300,000. The variable costs are €60,000. The fixed costs are €210,000. How much additional revenue is required if they want to increase their profit by €2,400? A €3,000 B €2,400 C €1,720 D €3,600 Pagina 15/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 37 − Meerkeuze − ID: 73938 (1 punt) Amalia Theatre pays insurances of €4,000 per month. What would this cost be classified as? A A fixed cost B A variable cost C A semi-variable cost D A stepped cost Vraag 38 − Meerkeuze − ID: 73944 (1 punt) A company is planning an event and has provided the following information: The ticket price is €150. On average, a visitor spends €40 on food on drinks. Fixed costs for the event are estimated at €1,400,000. Variable costs per visitor are €15. What is the break-even point expressed in visitors? A 8,000 B 7,369 C 6,830 D 103,704 Vraag 39 − Meerkeuze − ID: 73941 (1 punt) An event organiser pays a fixed fee for each visitor to the owner of the venue. What would this cost be classified as? A An opportunity cost B A contribution cost C A variable cost D A fixed cost Pagina 16/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 40 − Meerkeuze − ID: 73942 (1 punt) The contribution per visitor of an event is €12. The fixed costs are €12,000 and the variable costs per visitor are €4. What is the break-even point expressed in sales revenue? A €20,000 B €18,000 C €16,000 D €14,000 Part C: Capacity Vraag 41 − Meerkeuze − ID: 73964 (1 punt) The manager of a hotel has estimated a total of 30,000 overnight stays for the coming period. The normal occupancy is 28,000 overnight stays. The fixed costs are €1,400,000 and the variable costs are estimated at €1,050,000. What is the standard cost price of one overnight stay? A €81.67 B €87.50 C €85.00 D €84.17 Pagina 17/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 42 − Meerkeuze − ID: 73956 (1 punt) A restaurant wants to increase its maximum capacity. Statement 1: This can be realised by adding more seats. Statement 2: This can be realised by increasing the opening hours. Which of the statements is correct? A Both statements are correct B None of the statements is correct C Only statement 2 is correct D Only statement 1 is correct Vraag 43 − Meerkeuze − ID: 73965 (1 punt) Statement 1: The standard cost price covers the total costs incurred in a year. Statement 2: If costs change during the year, the standard cost price changes as well. Which statements always apply? A None of the statements B Only statement 2 C Both statements D Only statement 1 Vraag 44 − Meerkeuze − ID: 73958 (1 punt) A theme park has a fast-casual restaurant with 40 seats. Under normal circumstances, each seat can be utilised 12 times per day. The restaurant is open 350 days a year. Last year the restaurant had 65,000 visits. What is the capacity utilisation rate? A 34% B 39% C 37% D 41% Pagina 18/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 45 − Meerkeuze − ID: 73960 (1 punt) Taron is a rollercoaster in Phantasialand. A wagon has 4 seats. The train has 4 wagons. The attraction has 4 trains. The maximum capacity is 1,280 visits per hour. The average duration of boarding is 1 minute and 10 seconds. What is the duration of one ride (excluding boarding)? A 1 minute and 50 seconds B 2 minutes and 10 seconds C 1 minute and 40 seconds D 2 minutes and 20 seconds Vraag 46 − Meerkeuze − ID: 73963 (1 punt) Statement 1: Unscheduled maintenance is an example of unintended excess capacity. Statement 2: Creating more excess capacity can result in better financial performance. Which of the statements is correct? A Both statements are correct B Only statement 1 is correct C Only statement 2 is correct D None of the statements is correct Pagina 19/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 47 − Meerkeuze − ID: 73957 (1 punt) A cinema has three halls. Each hall has 100 seats. The average duration of a movie, including entering and leaving the hall, is 2 hours. The opening hours are between 11.00 hours and 23:00 hours. The cinema is closed on Mondays and Tuesdays. What is the maximum capacity of the cinema per week? A 7,200 visits B 9,000 visits C 10,800 visits D 12,600 visits Vraag 48 − Meerkeuze − ID: 73961 (1 punt) A ride has 20 wagons with 4 seats per wagon. The duration of a ride is 5 minutes. How many additional wagons are required to increase the ride capacity by a minimum of 120 visits per hour? A 2 wagons B 4 wagons C 1 wagon D 3 wagons Pagina 20/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 49 − Meerkeuze − ID: 73959 (1 punt) SSC Napoli is an Italian football club and plays their home games at Stadio Diego Armando Maradonna. The stadium has a carrying capacity of 54,726 visitors. During the season 2022/2023, they played 19 home games. In that same season, the club had a total of 879,912 visits. What is the capacity utilisation rate of season 2022/2023? A 82.3% B 84.6% C 81.7% D 80.8% Vraag 50 − Meerkeuze − ID: 73962 (1 punt) Statement 1: Unintended excess capacity is inevitable for a theme park. Statement 2: The costs of intended excess capacity are included in the standard cost price. Which of the statements is correct? A None of the statements is correct B Both statements are correct C Only statement 2 is correct D Only statement 1 is correct Part D: Numeracy Pagina 21/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 51 − Meerkeuze − ID: 73969 (1 punt) Linda is looking to invest in stage equipment for her music venue in Amsterdam. She has identified two options as follows: Supplier 1 Based in Australia Cost: $18,500 Delivery costs: $800 Import duty: 12% on the cost of equipment (excluding the delivery costs) At the time of purchase, the exchange rate is 1 AUD ($) = €0.62145 Supplier 2 Based in New Zealand Cost: NZ$19,750 Delivery costs of NZ$600 Import duty of 18% on the cost of equipment (excluding the delivery costs) At the time of purchase, the exchange rate is 1 NZD (NZ$) = €0.57028 Based on the above options, what is the saving Linda can make by going with the lowest cost option? A Linda can save €258.94 by going with Supplier 1 B Linda can save €7,289.31 by going with Supplier 1 C Linda can save €7,289.31 by going with Supplier ​2 D Linda can save €258.94 by going with Supplier ​2 Pagina 22/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 52 − Meerkeuze − ID: 73975 (1 punt) A project you are working on involves renovating a floor with new tiles. The following information has been provided in order for you to estimate the costs to include in your budget: The room is rectangular in shape, measuring 5m x 6m There is a bar of 2.8m² where no tiles have to be placed Assume wastage of 10% (in other words, an additional 10% is added to the total surface area calculated to allow for errors or obstacles) The price of one square metre (m²) is €45 What is the estimated cost that should be recorded in the budget for this project? A €1,366.20 B €1,352.60 C €1,368.30 D €1,346.40 Pagina 23/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 53 − Meerkeuze − ID: 73968 (1 punt) Emily is considering raising some funds for the local windmill, by baking cookies and selling them at the local market. Their specialty is chocolate chip cookies. The following is the recipe for making a batch of 18 cookies: 180g butter or plant based alternative 150g sugar 3 eggs 300g oats 200g raisins Emily researched costs for the ingredients and discovered the following: Butter or a plant based alternative can be bought in 200g and costs €3.89 per package. Sugar can be bought in 1.5kg bags at a cost of €2.49. Eggs can be bought by the dozen or half-dozen. A box of 12 eggs costs €4.50 and a box of 6 eggs costs €2.75. Oats can be purchased in bags of 500g. One bag costs €2.29. Raisins can be purchased in a box containing 300g at a cost of €1.99 per box. Emily would like to make 36 cookies. Taking into account all of the information above, how much will Emily need to pay to get the supplies? A €22.56 B €21.89 C €22.01 D €21.58 Pagina 24/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 54 − Meerkeuze − ID: 73970 (1 punt) The contract your business has with its current energy supplier is coming to an end. After conducting thorough research, you have come up with the following options: Supplier A Electricity: €0.5328 per kWh Gas: €2.2156 per m³ Fixed costs: €170 per year Supplier B: Electricity: €0.6012 per kWh Gas: €2.1718 per m³ Fixed costs: €240 per year Expected energy consumption for the entire year is: Electricity 37,500 kWh Gas: 18,100 m³ Which supplier is the cheapest? A Supplier A is €1,842.22 cheaper. B Supplier A is €1,563.77 cheaper. C Supplier B is €1,563.77 cheaper. D Supplier B is €1,842.22 cheaper. Pagina 25/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 55 − Meerkeuze − ID: 73971 (1 punt) Fred would like to park their car from 17:00 to 21:00. He has the following options: Cathedral carpark €2.60 per hour Station carpark €0.50 per 10 minutes Town Hall carpark €4.90 for the first hour After the first hour, 3 cents per minute Q-Park carpark Day rate 6:00-18:00: 6 cents per minute Night rate 18:00-6:00: 4 cents per minute What is the cheapest option for Fred? A Station carpark B Cathedral Carpark C Town Hall carpark D Q-park carpark Vraag 56 − Meerkeuze − ID: 73974 (1 punt) For an event, beer barrels with a volume of 36 litres are purchased. A glass of beer contains 15 cl. On average, 20% of the beer is spilled before it is sold. It is expected that 2,100 glasses of beer will be sold. What is the minimum number of barrels that should be purchased to not run out of beer? A 12 barrels B 10 barrels C 11 barrels D 13 barrels Pagina 26/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 57 − Meerkeuze − ID: 73966 (1 punt) You have placed an online advertisement to promote an event, with a well-known search engine company. The cost of the advertisement (ad) is determined using a "pay per click" model. This means that you will pay the search engine every time someone clicks on the ad. The search engine has provided you with the following rates: 0-500: €0.80 per click 501-1,000: €0.60 per click 1,001 and more: €0.40 per click Note: In the above scale, the rate for each part of the scale is applied before proceeding to the next, lower tariff. If the ad is clicked more than 500 times, the first 500 clicks are at €0.80 per click and only the clicks above 500 are charged at a lower rate. It is estimated that the advertisement will be clicked 2,000 times. What is the amount that you will budget for this advertisement? A €1,250 B €1,200 C €800 D €1,100 Vraag 58 − Meerkeuze − ID: 73972 (1 punt) Anne-Sophie and Marie are travelling together by train on the Intercity Direct from Breda to Schiphol Airport. Marie has a children's discount on her ticket. Anne-Sophie has no discount. A regular train ticket without discount costs €21. When travelling with the Intercity Direct, a supplement of €2.70 per person is applicable. The discount does not apply to the supplement. In total, Anne-Sophie and Marie pay €39 for the trip. What is the discount percentage on Marie her ticket (excluding supplement)? A 20% B 40% C 14% D 30% Pagina 27/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024  Vraag 59 − Meerkeuze − ID: 73967 (1 punt) Sam Smith is considering a career move. Currently, he works 36 hours per week as a marketeer. Sam has received a job offer as a festival administrator. The gross salary of a marketeer is €3,578 per month, based on a 40-hour work week The gross salary of a festival administrator is €3,540 per month, based on a 36-hour work week How many hours a week would Sam need to work to retain the same gross salary they currently earn as a marketeer (rounded up to the nearest whole hour)? A 35 hours B 34 hours C 33 hours D 36 hours Vraag 60 − Meerkeuze − ID: 73973 (1 punt) Kim received a gift of €15,000 from her parents. A tax rate of 10% applies to this gift, but €5,677 is tax free. What is the effective rate of tax that Kim pays on the entire amount of the gift? A 7.1% B 6.5% C 6.2% D 6.8% Einde toets Financial Management EN - Year 1 - February 2024 resit Pagina 28/28 - Afname Id: 27404 - Publicatie Id: 5840 (2.0) - Reproductiecode: 66451 - 13-11-2024