| Investment appraisal  ●        Basic NPV calculation (Dec 04 Q1 Sassone, Dec 05 Q1 BFD, Pilot           paper Q4, Dec 07 Q2 Duo Co ) ●        NPV specific questions: Capital rationing (Dec 03 Q3 Basril ) Asset            replacement (Dec 04 Q1 Sassone (b) , Dec 06 Cavic) Sensitivity            analysis (Dec 04 Q5 Umunat) Lease and buy decision ( Dec 05 AGD) 
 Working capital management ●        Debtor management (discount) (Jun 03 Q3 Velm, Dec 06 Anjo, Pilot           paper Q3) ●        Stock management (Jun 05 Q5 TNG, Dec 07 PKA)  ●        Cash management (Dec 05 Q5 Thorne ) Source of finance & ratio analysis ●        Gearing ratios analysis (Dec 04 Q3 Tirwen , Jun 03 Q1 Springbank ) ●        Implication of finance (Dec 07 Q3 Echo, June 07 TFR) ●        Performance ratio analysis (Jun 06 Q1 Merton) ●        Overtrading and working capital (Dec 03 Q1 Doe) Cost of capital ●        WACC and capital structure (Pilot paper Q1, FTC kit Q45) ●        Risk adjusted WACC (3.7 Dec 05 Q1 Sleepon, FTC kit Q49)  
 business valuation  ●        Valuation of equity: (FTC Kit : Q55 Laceto, Q54 DVM) ●        Valuation of debt: (Dec 07 Q1 Phobis,  FTC: Q56 Gaddes plc, Q57           Techfools) 
 Risk management  ●        Forex risk management (Pilot paper Q2, FTC Kit Q59 Forun, Q60           Kuwait, Q61 Fidden, Q62 Exporters plc) ●        Interest rate risk management (FTC kit: Q63 Uniprod, Q44 Bolar) |