Friday, February 28, 2014

UOL Financial Management Tuition in Singapore

It is less than 3 months away from your exam! If you are still struggling with your FM in UOL, SMS Val @ 9758-7925 for tuition.

Background
I have been teaching Financial Management and Corporate Finance full time for 10 years and have grasped what is important for the exam. I have successfully spotted questions that will come out over the past years. I started specializing teaching financial management and corporate finance over the past 5 years and am very familiar with the concepts and the style of how the new examiner will ask the questions. I have also participated in marking prelim papers and thus knows the marking scheme well enough to recommend you what to write in order to score. 

Many students had benefitted from my teaching and had referred their friends to me. UOL modules are not easy. If you need help, do SMS me at 97587925 for tuition.

I offer both one-to-one and group tuition. For group tuition, the optimal number of students per class is between 4 to 6. Please form your own group because this will facilitate my teaching methodology.


Teaching Methodology:


1. Understanding concepts and application of concept to questions
2. Developing graphing skills
3. Identifying exam trends and skills (Questions spotting)
4. Practicing variety of questions to prepare you for your exam
5. Simplifying difficult concepts
6. Identifying and improving your weakness

Do contact me at 9758-7925 or email val@starcresto.com or tutor@tertiarytuition.com for tuition.

Student's Profile:

> Tertiary Student --
**Poly / JC (NYP, RP, SP, TP, NP, MDIS, Informatics, SIM, SAS, ACSI)
**University (NTU, NUS, SMU, Imperial College, London School of Economics, University of Durham, Uni SIM, UOL, RMIT, SAS, MDIS, University of Southern Australia, James Cook University, University of Newcastle, London School of Economics, Manchester Business School, University of Nottingham, Melbourne Business School)
**Master (Insead, Singapore Management University, NTU, UCLA, UC Berkeley, Manchester, Uni of Southern Australia, Uni of Buffalo, Uni of Adelaide, NUS, University of State of New York)
> Working Adults -- Managers, Deputy Directors, Managing Directors, Doctors, Divisional Directors, Auditors, Analyst, Credit Advisor, AVP

Tutor's Profile:

> Name -- Valerie Chai Hui Yee
> O Level -- 8 Distinctions for O'Level
> Diploma -- Singapore Polytechnic: Merit Diploma, Honours Roll, SIM Award, Singapore Polytechnic and School of Business Scholar
> Degree -- Nanyang Business School (Top Business School in Asia), NTU: First Class Honours, Dean List, C.H. Wee Gold Medal, Sumitomo Banking Corporation Scholar
> Post Graduate -- Certified Financial Analyst: CFA L1
> Experience -- 10 years tutoring, 3 years Tutor Training (Training up other tutors to teach)
> Status -- Full time 

UOL Modules that are taught by Us:

1. Introduction to Economics
2. Principles of Banking & Finance
3. Corporate Finance
4. Financial Management
5. Principles of Accounts
6. Statistics 1
7. Statistics 2
8. Maths 1
9. Maths 2
10. Elements of Econometrics

To know more about UOL tuition, visit www.uoltuition.com

For more information, you can visit  www.tertiarytuition.com or www.tuition.starcresto.com


Thursday, February 27, 2014

Sample NPV questions for business finance, corporate finance and financial management

Sample NPV Questions


Question 1
A two year project costs $500,000. There is a 70% chance that demand will be high in the first year in which case the net cash flow will be $80,000 and a 30% chance it will be low in which case the net cash flow will be -$40,000. If demand is high in the first year there is a 60% chance it will stay high in the second year with net cash flow of $60,000 and a 40% chance it will be low with net cash flow of -$10,000. If demand is low there is a 70% chance it will stay low with net cash flow of -$10,000 and a 30% chance it will be high with net cash flow of $20,000.

Required
If the required return is 10% should the project go ahead? What is the chance of a negative NPV? 

Question 2

There is a new product to be manufactured and it has a life of five years. The project requires a land worth $650,000. New machinery with a purchase cost of $360,000 with freight cost of $10,000 and installation cost of $30,000 is needed. Salvage value is expected to be $50,000 at the end of year 5. 

The company plans to borrow the money needed to purchase the machinery from its bank at an interest rate of 6% per annum. It will use retained earnings to fund the purchase of the land and this funding will reduce its dividend payments by $70,000 per year.

EBITDA from operations are expected to be: $350,000; $400,000; $580,000; $400,000; $340,000 respectively.
Working capital requirements are expected to be 10% of EBITDA. Working capital is assumed to be needed at the start of the year. To promote the new product the company will spend $53,000 on direct marketing in the first year.


The company’s effective tax rate is 30% and the capital allowances are at 25% of the written down value of the machinery at the beginning of each year. Any unrelieved capital allowance will be given in full in the year of disposal. Tax is payable in the same year to which it is related. To keep things simple assume the net cash flow per year is treated as the taxable profit before capital allowance.
The after-tax cost of capital for the company is 15%. 

Should you buy the machine?

Question 3
ABC Ltd is considering the purchase of a new photocopying machine that will enable its photocopy products to be printed with more vibrant colours. 

The new machine costing $184,000 is expected to have a useful life of 12 years and be able to be sold at that time for $3,000.  ABC Ltd forecasts that the improved quality of its products will generate an additional $80,000 in revenue in each of the next 12 years. The new machine will also require additional costs in colour toner each year. These are expected to b $6000 per year.

ABC current printing machine if replaced can be sold for $16,000 today. It has a book value of $10,000 for tax purposes. 

The new printing machine will require an additional injection of $5,000 in working capital, which will be recouped at the end of 12 years. In the first two years additional service costs of $2000 per year will be incurred.  These service costs are not tax deductible. Tax rates are 30% and the required rate of return is 10%. Capital allowances are at 25% of the written down value of the machinery at the beginning of each year. Any unrelieved capital allowance will be given in full in the year of disposal. Tax is payable in the same year to which it is related. 

Required:

Calculate the NPV and give your advice as to whether Fine Fabrics Ltd should proceed and purchase the new machine?


QUESTIONS TO ASK YOURSELF:

Can you do the questions?
If not, where are you stuck?
Have you grasp the concept of relevant costs, sunk costs, opportunity costs, incremental costs?
Do you understand the role of depreciation in cash flow?

Having Difficulties with your finance?

SMS +65 9758-7925 for tuition! For more information, visit www.tuition.starcresto.com or www.uoltutor.com

Sunday, February 23, 2014

Looking for Corporate Finance Tuition in Singapore?


Having problems with understanding IRR, NPV, Capital Budgeting, Financial calculator etc? Contact Val @ 9758-7925 for tuition.

Background
I have been teaching Business and Corporate Finance full time and have grasp what is important for the test and exam. I have successfully spotted questions that will come out over the past years and this has helped my students scored an average of distinction to high distinction.

I have a total of 10 years experience in teaching and tutoring.

I offer both one-to-one and group tuition. For group tuition, the optimal number of students per class is between 4 to 6. Please form your own group because this will facilitate my teaching methodology.


Teaching Methodology:


1. Understanding concepts and application of concept to questions
2. Developing graphing skills
3. Identifying exam trends and skills (Questions spotting)
4. Practising varierty of questions to prepare you for your exam
5. Simplifying difficult concepts
6. Identifying and improving your weakness

Do contact me at 9758-7925 or email val@starcresto.com or tutor@tertiarytuition.com for tuition.

Student's Profile:

> Tertiary Student --
**Poly / JC (NYP, RP, SP, TP, NP, MDIS, Informatics, SIM, SAS, ACSI)
**University (NTU, NUS, SMU, Imperial College, London School of Economics, University of Durham, Uni SIM, UOL, RMIT, SAS, MDIS, University of Southern Australia, James Cook University, University of Newcastle, London School of Economics, Manchester Business School, University of Nottingham, Melbourne Business School)
**Master (Insead, Singapore Management University, NTU, UCLA, UC Berkeley, Manchester, Uni of Southern Australia, Uni of Buffalo, Uni of Adelaide, NUS, University of State of New York)
> Working Adults -- Managers, Deputy Directors, Managing Directors, Doctors, Divisional Directors, Auditors, Analyst, Credit Advisor, AVP

Tutor's Profile:

> Name -- Valerie Chai Hui Yee
> O Level -- 8 Distinctions for O'Level
> Diploma -- Singapore Polytechnic: Merit Diploma, Honours Roll, SIM Award, Singapore Polytechnic and School of Business Scholar
> Degree -- Nanyang Business School (Top Business School in Asia), NTU: First Class Honours, Dean List, C.H. Wee Gold Medal, Sumitomo Banking Corporation Scholar
> Post Graduate -- Certified Financial Analyst: CFA L1
> > Experience -- 10 years tutoring, 3 years Tutor Training (Training up other tutors to teach)
> Status -- Full time tutor

For more information, you can visit
visit www.tertiarytuition.com or www.tuition.starcresto.com

Tuesday, February 11, 2014

Need help for your Corporate Finance? Contact Val @ StarCresto for more details

Having problems with understanding IRR, NPV, Capital Budgeting, Financial calculator etc? Contact Val @ 9758-7925 for tuition.

Background
I have been teaching Business and Corporate Finance full time and have grasp what is important for the test and exam. I have successfully spotted questions that will come out over the past years and this has helped my students scored an average of distinction to high distinction.

I have a total of 9 years experience in teaching and tutoring.

I offer both one-to-one and group tuition. For group tuition, the optimal number of students per class is between 4 to 6. Please form your own group because this will facilitate my teaching methodology.


Teaching Methodology:


1. Understanding concepts and application of concept to questions
2. Developing graphing skills
3. Identifying exam trends and skills (Questions spotting)
4. Practicing variety of questions to prepare you for your exam
5. Simplifying difficult concepts
6. Identifying and improving your weakness

Do contact me at 9758-7925 or email val@starcresto.com or tutor@tertiarytuition.com for tuition.

Student's Profile:

> Tertiary Student --
**Poly / JC (NYP, RP, SP, TP, NP, MDIS, Informatics, SIM, SAS, ACSI)
**University (NTU, NUS, SMU, Imperial College, London School of Economics, University of Durham, Uni SIM, UOL, RMIT, SAS, MDIS, University of Southern Australia, James Cook University, University of Newcastle, London School of Economics, Manchester Business School, University of Nottingham, Melbourne Business School)
**Master (Insead, Singapore Management University, NTU, UCLA, UC Berkeley, Manchester, Uni of Southern Australia, Uni of Buffalo, Uni of Adelaide, NUS, University of State of New York)
> Working Adults -- Managers, Deputy Directors, Managing Directors, Doctors, Divisional Directors, Auditors, Analyst, Credit Advisor, AVP

Tutor's Profile:

> Name -- Valerie Chai Hui Yee
> O Level -- 8 Distinctions for O'Level
> Diploma -- Singapore Polytechnic: Merit Diploma, Honours Roll, SIM Award, Singapore Polytechnic and School of Business Scholar
> Degree -- Nanyang Business School (Top Business School in Asia), NTU: First Class Honours, Dean List, C.H. Wee Gold Medal, Sumitomo Banking Corporation Scholar
> Post Graduate -- Certified Financial Analyst: CFA L1
> Experience -- 9 years of tutoring, Corporate Trainer
> Status -- Full time tutor

For more information, you can
visit www.tertiarytuition.com or www.tuition.starcresto.com