I JUST WANT THE EXPERT TO ANSWER THE QUESTIONS AS PER GIVEN IN THE DOCUMENT PROVIDED NAMED FIN FINAL ASSESSMENT AND I HAVE ALSO PROVIDED A SECOND DOCUMENT WITH THE FORMULA . NO EXTRA WORK NEED TO BE D
Page 3
Newsletter Title
FIN201 – FORMULAE SHEET
Final and any Deferred Final Alternative Assessment, Trimester T120
PV =
/ (
– g),
OR PV = 
(1+g)/ ( – g)
PV =
/ (
) +
/ ()2+
/ ()3+ … +D
/ ()n- =
(1 + g) - =
+ 
Market Risk Premium] - = (
+ g P = (End Price + D1) / (1 +
E(
) = + β [E(
) – ]End of Period Value = Dividend / (Expected Return – Growth Rate)
Holding Period Return = (Ending Value / Beginning Value) – 1
or (Ending Value - Beginning Value) / Beginning Value
E(
) = (
Return in Good Times) + (
Return in Bad Times)
= 
[
– E(r) 
+
[
– E(r)
…. 
[
– E(r) 
= 
or = ()2Net Profit Margin = Operating Profit After Tax / Operating Revenue
Interest Coverage = Operating Profit Before Interest and Tax / Interest Expenses
Business Risk = Coefficient of Variation of Operating Profit
= SD of Operating Profit Before Interest / Average Operating Profit Before Interest
Sales Variability = Coefficient of Variation of Sales
= SD of Sales Revenue / Average Sales Revenue
Return On Assets = Net Operating Profit / Total Assets (Opening Balance)
Return On Equity = Net Profit After Preference Dividend / Ordinary Shareholder’s Equity (Opening Balance)
Receivables Turnover = Net Annual Sales / Average Receivables
Average Collection Period = 365 / Receivables Turnover
Inventory Turnover = Cost of Goods Sold / Average Inventory
Internal Growth Ratio = [(1 –
) ROA ]/ [1- {
ROA }] - = Dividend Payout Ratio
Sustainable Growth Ratio = (1 –
) ROE
T = 
e = 2.71828; t = date of valuation (generally now); and T = expiry date of futures contractP = FV / [1 +
(Note: Default FV = $1,000,000)
= FV / [1 + 
]
= (
) 
()
OR = rp - [rf + β(rm rf)]
= () / 
= () /
= (
) / 
2 where IR = Information ratio.
= 
/ 
- =
T120 Final Examination: FIN201 UG - Investment Management- Formulae Sheet Page 3 of 2
