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Question 1: Explain the three financial decisions made by the financial manager. How are they interrelated?

Question 2: Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash.

Increase in accounts payable $25,000

Increase in inventory $15,000

Decrease in accounts receivable $27,000

Decrease in borrowings $65,000

Question 3: You are considering the purchase of a home for $700,000. You have available a deposit of $100,000. The bank will lend you money at 7 per cent per annum compounded monthly over a period up to 20 years. If you borrow the required funds over 20 years, what are the monthly repayments? After two years, how much do you still owe the bank? What is the interest component of the 25th repayment?

Reference no: EM132545098

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