First call 19 Jan written test with solutions

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ACCOUNTING, FINANCE AND CONTROL (Prof. P . Maccarrone) WRITTEN TEST – 19 January, 2024 ANSWERS SHEET WARNING: FILLING THIS COVER PAGE IS MANDATORY Please fill in the following table using CAPITAL LETTERS: NAME SURNAME (FAMILY NAME) PERSON CODE (CODICE PERSONA) or STUDENT ID (N. MATRICOLA) At the end of the test, please write the right answer for each question in the following table using the corresponding CAPITAL LETTER [A-B-C-D]. This is MANDATORY for having the test evaluated. Please also �ck the corresponding answer in the following sheets. Please note that in case of inconsistency (i.e., the leter writen in this box is different from that marked in the corresponding ques�on in the following sheets) only the leter indicated in the following table will be considered. AVAILABLE TIME: 1 HOUR If you wish to withdraw from the exam, please write “withdraw” at the top of this page and communicate it to the teacher in the room. You will have to hand over this copy to the classroom supervisor; then you will be free to leave the room. Notes: • consider that 1k€ = 1 thousand euros and 1M€ = 1 million euros; • the international convention for decimal and thousand separators is used – i.e., the comma is used to separate groups of thousands, and the dot is used to separate decimals; • calculations in the exercises need to be rounded up to the second decimal place • NO PENALTY FOR WRONG ANSWERS Question 1a 1b 2a 2b 3a 3b 4 5 6 7 8 9 Your Answer QUESTION 1A (2 points) ABC Ltd manufactures and sells a single item. It is November 2023; in the shoes of the Chief Financial Officer (CFO), you are dealing with the finalization of the budgeting process for the fiscal year 2024. Shareholders are waiting to know the budgeted value of ROE for 2024. You know the following budgeting information…