1 (60 marks)
Question 1
The Advtech Group is a JSE listed company in South Africa. Advtech operates within the
education and recruitment industries in South Africa and the rest of Africa.
JSE 100 is an index on the Johannesburg Stock Exchange, Advtech is a constituent of
JSE 100 its weight in the index is given in table 1 above.
.1 Consider an investor with a portfolio consisting only of Advtech shares. The Treasury bill
rate in 2014 was 3.06% in South Africa. Using dividend yield as (returns). Calculate the
Sharpe ratio for Advtech.
(20 marks)
cabine for an investor whohout Adutech shares on 2 lanuary

What is the most important type of decision that the financial manager makes?

Elliott company produces large quantities of a standardized product. the following information is available for its production activities for march. units costs beginning work in process inventory 2,500 beginning work in process inventory started 25,000 direct materials $ 3,725 ending work in process inventory 5,000 conversion 11,580 $ 15,305 status of ending work in process inventory direct materials added 185,750 materials—percent complete 100 % direct labor added 182,375 conversion—percent complete 30 % overhead applied (140% of direct labor) 255,325 total costs to account for $ 638,755 ending work in process inventory $ 62,530 prepare a process cost summary report for this company, showing costs charged to production, unit cost information, equivalent units of production, cost per eup, and its cost assignment and reconciliation. use the weighted-average method. (round "cost per eup" to 2 decimal places.)

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers