Liga in: RELCICL TA KE UGS La NUKE IV.TAL TCDS LAD, SSE, NUTK. KEL SMO. YL 2: TACHI: : 7 : Te Lién hé 6n thi cac m6n trén truong/ ACCA/ CFAB Tai zalo: 0965.084.577 (a DUng) Page | 1 TAI CHiNH DOANH NGHIEP 3 bel (GBWE Chon phuong an sai khi néi yé nguén vén thong xuyén cia doanh a, Nguén von thurong xuyén cé thoi gian sir dung khéng qua | nam b. Nguén von thong xuyén g6m ng dai han va von chu sé hitu c Nguén von thudng xuyén 6 thé ding tai trg cho nhu cau von liu dong d, Nguén von thong xuyén co thé ding tai trg cho nhu cau dau tr vao TSCD > Chon A. Vi nguén vén thudng xuyén a nguén vén dai han c6 thai han sit dung trén I nam. (AWB Nhan dinh nao dw6i day vé don bay tai chinh 1A khdng chinh xde a. Don bay tai chinh phan anh mite 46 str dung ng vay ca doanh nghiép tai chinh 1a thuéc do ri ro tai chinh etia doanh nghiép c. Don bay tai chinh cang cao, TSLN von chu sé hitu cang 16n d, Don bay tai chinh phan anh ty trong ng phai thu trong tong tai san > Chon C. Vi ROE cén phai phy thude vao so sanh gitta BEP var Suy tir c6ng thite: ROE = (BEP + 2(BEP —))*(1-t) (GBWE Cong ty thie nao duéi day 14 dung khi xdc dinh chi phi sr dung Igi nhudn dé Iai ctia mot cong ty theo CAPM?* a. Re =1ai suat phi rui ro + mite bit rui ro thi truong b. Re = Iai suat trai phiéu chinh pha + mite bu riti ro di hoi vai cé phiéu cng ty ‘Tiktok2: Ding Sharing Excel ACCA TODNITV- TA VIMO. TIN Die ICT Passed level F (PLP) cing chlACCAPage |2 CEAB vs ty suat sinh 10i phi rui ro + mite bi rai ro doi hoi véi c6 phiéu cng ty d, Re = ty suat sinh 1di phi ri ro + mite bit ri ro ddi hoi cia thi trong > Chon C. Céng thite: Re= Rf + B*(Rm-Rf) Voi: Re: Chi phi sir dung loi nhudn dé lai Rf; Ty suat sinh Joi phi riti ro Rm: Ty suat sinh loi ky vong cua thi trong B: Hé sé rui ro déi voi c6 phiéu Rn-Rf; mite bit rui ro cua thi trong B*(Rm-Rf): Phan bi rui ro cua c6 phiéu (GAM Nnan dinh nao sau day 1a chinh xc vé chi phi sir dung von binh quan (WACC)? a, WACC cho biét dé huy déng 1 déng ng vay, cdng ty phai tra chi phi binh quan 1a bao nhiéu b. WACC cho biét dé huy déng 1 ding VCSH, cng ty phai tra chi phi binh quan 1a bao nhiéu c. WACC cho biét trung binh dé huy déng 1 déng vén dau tu, céng ty phai tra chi phi sau thué la bao nhié d. WACC cho biét trung binh dé huy ddng 1 déng vén ngoai sinh, céng ty phai tra chi phi la bao nhiéu? > Chon C GGUEE Neudn tién dé chi tra cd tire cho cae c6 dong duge lay tir: a. Gia vén hang ban b, Loi nhuan trude Iai vay va thué c. Loi nhuan truée thué d, Loi nhuan sau thué thye hign > Chon D. (GGG Nha cung cAp nguyén ciia CTCP X dang dé xudt chinh sich tin dung thong mai 3/10 net 60. Chi phi sir dung von cia ngudn von chiém dung nay la: a. 36% b. 22,26% ‘Tiktok2: Ding Sharing Excel ACCA TODNITV- TA MO. TD KICT Passed level F (PLP) cing chlACCA{CSNI TA, NUK C1V.PA, TCDNI24 (TV, TA), NST NEPK, KYL, VIMO: VI Fo FTP, FO ACCA; Account c. 28,8% d. 18,6% > Ap dung céng thite CPSDV cia nguén von chiém dung: spy. ned 260, Page | 3 crSDy. 1=% wu dai x S6 ngay trong ky sir dung vén—S6 ngay trong thoi gian KM wt, 280 -99,26% -> Chon B pr nae a Jn.Nooe Ding: DRE ‘Tiktok2: Ding Sharing Excel ACCA TCDNITV- TA. VIMO. TI TCT. ‘Passed level F (F1-F9) chiing chi ACCAPage |4 CEAD vs (GBWF Neudn vin nao duéi day thugc ngudn von tam thdi cia doanh nghiép? a. Khoan vay ngan hang 6 thoi han 5 nam b. No phai tra dai han nha cung cp c. Loi nhuan sau thué chu phan phéi d. Vay ngan han ngdn hang thuong mai > Chon D. Nguén vén tam thoi li nguén vén ngan han ciia DN. (GGUBE Nam N, cong ty cé phan X ting ty 18 Ién 15%, Digu nay sé im cho: hi tra cé tire bing tién tir 10% a. Gia von hang ban cia céng ty X nam N tang thém: b. Loi nhuan truéc lai vay va thué clia céng ty X nam N giam di c. Loi nhudn sau thué cia céng ty X nam N giam di d. Loi nhudn dé lai tai dau tw cia céng ty X nim N giam di > Chon D. Loi nhuan sau thué thy hign ding cho 2 khoan: 1 1a ding dé chi tra c6 tire cho c6 dong va 2 la dé lai tai dau tu. 1 tang dan dén 2 giam. GAWBE Hoat dong nao sau day lam ting ngudn VLDTX cita doanh nghiép? a. Tang ng vay ngan han b. Tra cé tire bang tién mat c. Phat hanh thém c6 phan thuong d. Chuyén d6i trai phiéu thanh ¢6 phiéu thuong > Ta co céng thite: VLDTX(NWC) = NVDH-TSDH= TSNH ~ NNH Muén tang NWC c6 2 cach: + Tang TSDH + Tang NVDH ma NVHD = NPT DH + VCSH Nén theo cach 2 thi ting NPT DH hoa tang VCSH Phat hanh thém c6 phiéu thudng lam ting VCSH > Chon C ‘Tiktok2: Ding Shaving Excel ACCA TCDNITV- TA VLMO.TIN Die AICTE Passed level F (PLO) cing chl ACCALiga Jn: KPTCICTY 14), KE HCSN1 TA, NLKY CIV.0A), TCDNI235 (TV, TA), NSTK, NLTK, RTL, VIMO: VI MO; TCCI2: TACB:2; TIN DAI CUONG: KTCT; cf min nam 5; nam 4, FS: FS; FG: FPEFS PACA: Accounting CEAR wv tal page D On Thi HIVTTC howe ZALO: 0965 08457 Click (é day) Youtube: Di On Thi HVTC (Hee thir online), Page |5 pr ae a Jn.Nooe Ding: DRE ‘Tiktok2: Ding Sharing Excel ACCA TCDNI TV. TA. VI MO- TIN DiC- KICT ‘Passed level F (F1-F9) chiing chi ACCACEAD vs CBRE Mite a9 tac dgng ciia don bay tai chinh (DFL) duge xc dinh theo cong thie: *(p-v)(Q*(p-v)-F) Q*P-v)(Q*(p-v)-F-1) (Q*(p-v)-D/(Q*(p-v)-F) = Q*(p-¥)-FMQ*(p-v)-F-D Page | 6 b. > Chon D. Céng thite cua don bay tai chinh: DFL = EBIT/(EBIT-I) GBM Tic dong ciia don bay tai chinh dén ROE duge thé hign qua cong thire: a. ROE = (ROA + D/E*(ROA -1))*(1-t) b. ROE = BEP + D/E*(BEP-r) c. ROE = ROA + D/E*(ROA-1) d, ROE = (BEP + D/E*(BEP-1))*(1-t) > Chon D. May céng thite nay nén lam bai tap cho dé nho nhé. (GAWD Hay sip xép cic ngudn dwéi day theo thé ty ting dan cia chi phi sir dung von? a. Vay dai han, von c6 phan thurong, vén c6 phan wu dai b. Vay dai han, loi nhuan dé lai, von ¢6 phan thuong c. Trai phiéu, von c6 phan thung, thué tai chinh d. Thué tai chinh, vén c6 phan thuong, loi nhuan dé lai > Chon B. Vén vay thusng 6 CPSDV thap hon VCSH ; Chi phi str dung LNDL thép hon chi phi phat hanh CPT méi BW Theo phuong phap DCF, cong thite xac dinh chi phi sir dung loi nhuan dé Iai ding la: DOPL +g DI/PO +2 = DO/PO +g | TODNLTV. Ts. VLMO.TIN Die AICTE Passed level F (PLO) cing chl ACCAPage |7 Liga in: RELCICL TA KE UGS La NUKE IV.TAL TCDS LAD, SSE, NUTK. KEL SMO. YL 2: TACHI: 3: i Account d.Re=DI/P1 +g > Chon B. (GBF diém cin bing EPS 1a a. Cae phuong an tai tro khéc nhau déu c6 mite loi nhudn truée Iai vay va thué bang nhau b. Cac phuong an tai trg khac nhau déu cé mite ¢6 tire cho mdi cé phan thong nhu nhau c. Cae phuong an tai trg khac nhau déu cé mite thu nhap cho méi ¢6 phan thuong nhw nhau d. Cae phuong an tai trg khac nhau déu c6 mite ty suat ¢6 tire 1a nhu nhau m ma: > Chon C. EPS ( Earning per share ) mite thu nhap trén mdi cé phan throng (GAMES! Cong ty cé phan An Nam hién c6 1 triéu cé phiéu thudng dang lwu hanh véi mite gia hién hanh 14 60.000 dong/1 c6 phiéu. Cong ty dy tinh huy dng thém 250.000 cé phiéu méi danh quyén wu tién mua cho cé dong hign hanh v6i mite gia uu dai 14 40.000 dong/I cé phiéu. Ong X hién dang nim gitr 1% cé phiéu cia cong ty. Ong nay dy tinh ban 50% sé quyén mua va thue hign mua cé phiéu méi voi 50% s6 quyén mua con lai. Sé tién ly thuyét ma 6ng X cé thé thu yi a. 25 trigu déng b, 20 trigu déng c. 50 trigu dong d. 75 triéu déng Huéng dan: 6 tién ly thuyét dng X c6 thé thu vé 6 day la sé tién Ong Ay ban quyén mua Avni + 86 quyén mua ¢6 phiéu can thiét cia ¢6 déng hign hinh Tie Ding Sharina Buel ca TODNITV- TA VIMO. TIN Die ICT Passed level F (PLP) cing chlACCAPage |8 Liga hi gn RUTCUTY TA Ki UGS TA NLA CV Tan TCDNI24 1 LD-XSEK.ALLK, KUL LO. VL 2: TACHI : 7 7 i Account = $6 CPT dang luu hanh / $6 CPT phat hanh thém= 1 triéu/250000= 4 (quyén mua) penne aay 3 60000-40000 + Gia tri If thuyet 1 quyeén mua = ————— coe =4000 d + Ong X nam git 1% => Dang nam 10000CP. = So CP ma 6ng X cé thé mua 14 = 10000/4=2500 CP + Ong X ban 50% sé quyén mua © Sé6 tién 6ng X thu vé=(10000x50%)x4000=20trd > Chon B. iém 31/12/N, cong ty cd phan X c6 hé sé kha nding thanh hanh Ia 1,5; tai san ngiin han 1a 1,2 ty dong. Ngudn von hu déng thudng xuyén cia cdng ty X tai thoi diém 31/12/N la: a. 800 trigu déng b, 400 trigu dong c. 1.800 trigu déng d, 3,000 trigu ding Huéng din: Hé s6 KNTT hién hank -> NNH= 1,2/1,5=0,8 ty déng NWC = TSNH ~ NNH = 1,2-0,8=0,4 ty > ChonB ng. GBWF Cong ty cé phan Vien Dong dy tinh phat hanh trai phiéu ménh gid 100.000 dong voi lai suat trai phiéu 8%/nam. Lai vay duge tra hang nim va von goc hoan tra sau 10 nam. Gia rong phat hanh cita trai phiéu 1A 77.400 ding, Thué suat thué TNDN Chi phi sir dung trai phiéu sau thué cua cong ty bang: a. 8,0% b. 9.6% c. 64% d. 12% ‘Tiktok2: Ding Shaving Excel ACCA TCDNITV- TA VLMO.TIN Die AICTE Passed level F (PLO) cing chl ACCALiga hi gn RUTCUTY TA Ki UGS TA NLA CV Tan TCDNI24 1 LD-XSEK.ALLK, KUL LO. VL 2: TACHI : 7 i Account Huong dan: C= 100000x8% = 8000d Page |9 Ta 6: 77400= 32, 20000. 4.100000 Garant * Geran & Rat = 12% => rd = rdt x (1-t}=12%x(1-20%) =9,6%. > Chon B (GGT Céng ty cé phan Thanh Chung duy tri chinh sch 6n dinh cé tire re hing p nam la 5%. Gia cd 6 phiéu hi hanh cia cong ty 1a tire 1a 0.4. Cong ty tiép tuc duy tri ty 16 chi tra c6 tire 0.4. Thué suit thué TNDN I 20%. Chi phi sir dung Ii nhudn dé Iai cita cng ty la: a. 7,0% b. 7,1% c. 10% d. 5.7% Hung dan; Do x (1 Re= 2220+) Po +9 V6i Do = EPS x TY Ie tra 6 tite _ oax2s00x(145%) 50000 > Chon B +5% =7,1%. GRU! Cong ty cé phan Kién Thiét duy tri ty 1¢ chi tra cd tie bn dinh & mirc 0,5. ROE dy kién ciia cong ty 18 16%. Cong ty da chi tra cé tire 3.000. Gia ban cé phiéu hién hanh cia cng ty 14 30.000 dong. Chi phi sir dung loi nhuan dé lai tai dau tw cia cong ty la: a. 10% ‘Tiktok2: Ding Shaving Excel ACCA TCDNITV- TA VLMO.TIN Die AICTE Passed level F (PLO) cing chl ACCAhis Jn: KPTCICTY 14), KE HCSN1 TA, NLKY CIV.0A), TCDNI235 (TV, TA), NSTK, NLTK, RTL, VIMO: VI MO; TCCI2: TACRI:2; TIN DAI CUONG: KTCT cfc min nam 5; nam 4: F3; FS; F6: F7EFM FO ACCA: Accounting CFAB sv b. 18,8% c. 16% d. 8% Page | 10 Huéng dan: ROE x (1-ty 18 chi tra cé tire) = 16% x (1-0,5) =8% Do (+a) 3000¥(148%) . poy — 19 99 Rea POOR 4. ga OR + 8% = 18,8%. > Chon B. pr nae a Jn.Nooe Ding: DRE ‘Tiktok2: Ding Sharing Excel ACCA TCDNI TV. TA. VI MO- TIN DiC- KICT Feedback hoc vién (Click 6-day) ______NLTK, NLKT: KTTC1:2: HGSN1 TA: F2: F3 ACCA TV+TA ‘Passed level F (F1-F9) chiing chi ACCALiga in: RELCICL TA KE UGS La NUKE IV.TAL TCDS LAD, SSE, NUTK. KEL SMO. YL 2: TACHI: 3: i Account GAG crcr Dién Vi duy tri co’ cdu nguén von tdi wu vo én chii si hitu Khi huy dng v 160% ng phai cho dy an dau tw c6 quy mo u cd phan thudng dang lwu hanh (khdng c6 re dw kién nam nay la Page| 11 3.900 ddng/I cé phan. Loi nhudn sau thué thyc hign cua cong ty du kién la dong. Néu céng ty ap dung chinh sch én dinh cO tiie, phan von chii sé hau huy d6ng tir phat hanh cé phan thuong méi Li: a.3 ty dong b. 4,8 ty dong c. 0,8 ty déng d, 3,2 ty dong Hi Chinh séch én dinh 6 tite ¢6 nghia la tra ¢6 tite trurée con thita bao nhiéu méi dura vao loi nhudn ding dé tai dau tu : +Téng sé c6 tite trong nam 1a: 30004 x 1 trigu c6 phiéu= 3 ty +LNST =7 ty-> LN dé lai tai dau tu =7 ty - 3 ty=4 ty + Tong quy mé céng ty (12 ty); VCSH chiém 40%=4,8 ty Trong d6 LN dé lai téi dau tu 4 ty-> Can phat hanh thém CPT: 0.8 ty ->> Can huy déng CPT méi = 0.8 ty. > Chon C ‘Tiktok2: Ding Sharing Excel ACCA TODNITV- TA VIMO. TIN Die ICT Passed level F (PLP) cing chlACCAsi Page | 12 Liga in: RELCICL TA KE UGS La NUKE IV.TAL TCDS LAD, SSE, NUTK. KEL SMO. YL 2: TACHI: : 7 : Te GRRE Cong ty c6 phan Ngon cé co ciu nguén vén téi wu gdm 40% ng 10% e6 phan wu dai va 50% von chii sé hau. Cong ty dy kién hu: n dau tw. Cong ty c6 thé str dung céc ngudn dy - Str dung hét 600 trigu loi nhuan dé lai - Vay cita ngn hang VCB voi mirc lai sudt 10%/nam néu so Khong qua 1 ty dong; va mirc lai suat 12%/nam néu sé tien vay trén 1 ty dong - Phat hanh cé phiéu wu dai véi chi phi phat hanh 14 3% néu quy md huy d§ng khéng vugt qua 200 trigu dong; 14 5% néu quy mé huy dgng trén 200 trigu ding - Phat hanh cé phan thudng moi voi chi phi phat hanh 1a 5% néu quy mé huy dong dén 1.5 ty dong va li 7% néu quy mé huy dong Ién hon 1.5 ty dong Diém gay cia loi nhudn dé lai-va von c6 phan thong Ian lugt la bao nhiéu? a, 600 trigu dng va 1,5 ty dong b. 600 trigu dong va 2,1 ty déng c. 1,2 ty ding va 3 ty dor d. 1,2 ty déng va 4,2 ty dong Hung dan; Diém gay cia LN dé lai = 600/0,5=1200 trd 1500 Diém gay cia vin CPT = +2 + 1200= 4200 trd =4,2 ty > Chon D. aa nae ‘Tiktok2: Ding Sharing Excel ACCA TODNITV- TA VIMO. TIN Die ICT Passed level F (PLP) cing chlACCAPage | 13 Liga hi gn RUTCUTY TA Ki UGS TA NLA CV Tan TCDNI24 1 LD-XSEK.ALLK, KUL LO. VL 2: TACHI : 7 7 i Account w kién tra cé tire Sea tién mat 2,000 déng/1 cé phan vao ngay 01/03/2021 tir s6 loi nhudin sau thué Ia 15 ty déng. Gia dinh cng ty khong mua lai cé phan hay ban Iai cé phiéu quy trong nam. Nh4n dinh nao dudi day la ding nhat khi ndi vé tac dong ciia quyét dinh nay dén cong ty? a. Von chii so hitu cla céng ty tang thém 10 ty déng b. Vén gop ctia chit so hitu giam di 10 ty déng c. Tién mat clia céng ty giam 10 ty déng va VCSH giam 10 ty déng d, Loi nhuan dé lai tai dau tu cia nam 2021 giam di 10 ty déng Hung dan: +86 cé tire céng ty tra cho cd dong la: = 5 trigu cé phan x 20004 = 10ty. +C6ng ty tra bang tién mat-> Tién mat giam 10 ty dong. it a TS->TS giam-> NV giam Mat hac cong ty khéng mua hay ban lai cd phiéu-> NPT k déi ->> VCSH giam 10 ty. > ChonC (AWB CTCP Bach Hop duy tri co cdu ngudn vin téi wu v6i 60% ng phai tra va 40% von chii sé hiru khi huy d6ng von cho dy 4n dau tw c6 quy m6 von la 15 ty dong. Cong ty hién dang cé 1 triéu cé phan thudng dang lu hanh (kh6ng c6 c6 phan wu dai) v6i gid ban hién hanh 80.000 dong/1 6 phiéu. Mite chi tra c6 tire dw kién nim nay 1a 3.000 ding/t cé phan, Loi nhuéin sau thué thu hién cua céng ty dir kién 14 7 ty dong. Néu cong ty ap dung chinh sich 6n dinh cé tire, céng ty cin phat hang thém: a, 25,000 cé phan thudng b. 75.000 c6 phan thiring c. 50,000 ¢é phan thuong d. 100.000 c6 phan thuong ‘Tiktok2: Ding Shaving Excel ACCA TCDNITV- TA VLMO.TIN Die AICTE Passed level F (PLO) cing chl ACCALiga in: RELCICL TA KE UGS La NUKE IV.TAL TCDS LAD, SSE, NUTK. KEL SMO. YL 2: TACHI: 3: i Account HuGng dan: -> Chinh sach 6n dinh cé tite e6 nghia la tra c6 tite trude cho c6 déng roi méi dung lam LN dé lai tai dau tu. Page|14 An as . Mut chi tra c6 tire trong nam la: 3000d x 1 trigu CP = 3 ty. LNST =7 ty-> LN dé lai tai dau tu la= 7-3= 4 ty + VCSH chiém 40% téng quy mé-> VCSH = 6 ty. Ma LN dé lai =4 ty -> Can phat hanh thém CPT mdi 2x10"9 ‘80000 So CPT can phat hanh thém la = = 25000 cp. > Chon A GAWBE Cong ty cé phin Sao Khué ngay 31/12/2019 tong tai sin 1a 100 ty dong, von chu sé hiru chiém 60% gdm cé 50 ty von g6p cia chu sé hitu (twong tg 5 trigu co phin thudng) va 10 ty dong lgi nhudn dé lai. Cong ty du kién phat hanh thém cé phan thudng vi ty 1 20% dé tra cé tire vao ngay 01/02/2020 tir sé loi nhuan sau thué Ia 15 ty déng. Gia dinh cng ty khéng mua lai cé phan hay ban lai cé phiéu quy trong nam. Nh4n dinh nao dw6i day 14 ding nhat khi néi vé tac d6ng cia quyét dinh nay dén cong ty? a. Von gop ctia chu so hitu tang thém 10 ty dong b. Vén chi so hitu cia céng ty tang thém 10 ty dong c. Téng tai sin ctia céng ty giam di 10 ty dong d, Loi nhuan dé lai tai dau tu nam 2020 tang thém 15 ty déng Huong dan: Céng ty tra c6 tire bang c6 phiéu => Lam tang vén gép cia chi so-hiru S6 vin g6p tang= sé chi tra c6 tire = 10 ty (5 trigu CP x 20004) > Chon A. (GAWBE Cong ty cé phan An Nam hién cé co cdu nguén vén téi wu gim 50% ng phai tra va 50%. Cong ty du kién dau tw vao mot dw an c6 von dau tu 3 ty dong, Dé thye hign dy dn nay, cOng ty e6 thé str dung ede ngudn sau dyng 600 trigu dang Ii nhufin dé lai; (ii) vay ngdin hang BIDV khéng Tio Dang Sharing Bel ca TODNITV- TA VIMO. TIN Die ICT Passed level F (PLP) cing chlACCAin: RELCICL TA KE UGS La NUKE IV.TAL TCDS LAD, SSE, NUTK. KEL SMO. YL ACHIZ: 3: count TSSL ciia VCSH tang thém 1,5%. 1. Thué suat thué TNDN Ia 20%, IRR ca Page | 15 c. 17.85% d. 14,25% Dé dur dn due chap nhan thi IRR min = WACC VCSH chiém 50% téng quy m= 50% x 3=1,5 ty=1500 trd Vi LNST dé lai tai dau tur 1a 600trd nén can phat hanh thém CPT méi =>> Re = 15% + Vay NH ngan hang BIDV v6i lai suat rdt= 12%/naim > rd= rdt x(1-= 9,6% = IRR min= WACC= 50% x 9,6% + 50%x 16,5%= 13,05% > Chon A (GAWBE Cong ty cé phan Ngon c6 co cfu ngudn von t6i wu gdm 40% ng vay, 10% cé phan wu dai va 50% von chi sé hiru. Cong ty dy kién huy dng vén theo co cu téi uu dé thye hién dau tw. Cong ty cé thé sir dung cde nguén dy kién sau: - Sir dung hét 600 trigu Igi nhudn dé lai - Vay cia ngfn hang VCB voi mire Iai sudt 10%/nim néu sé tién vay khéng qua 1 ty déng; va mirc Iai sudt 12%/nam néu sé tien vay trén 1 ty dong - Phat hanh co phiéu wu dai voi chi phi phat hanh 1 3% néu quy md huy d6ng khong vugt qua 200 trigu dong; 14 5% néu quy m6 huy dong trén 200 trigu dong ‘Tiktok2: Ding Sharing Excel ACCA TODNITV- TA VIMO. TIN Die ICT Passed level F (PLP) cing chlACCAPage | 16 Liga in: RELCICL TA KE UGS La NUKE IV.TAL TCDS LAD, SSE, NUTK. KEL SMO. YL 2: TACHI: 3: i Account - Phat hanh cé phan thuong méi véi chi phi phat hanh 14 5% néu quy mé huy dong dén 1.5 t¥ dong va ld 7% néu quy mé huy dong lén hon 1.5 ty dong Gia cé phan hién hanh cua cong ty 14 50.000 dong, cé tire nim truée cia mOt c6 phin thuring 14 4,000 dng. Téc do ting cé tire déu din 1a 5%. G hign hanh ciia cé phin wu dai la 80,000 déng véi mite c6 tire 1a 8.500 dong. Thué suat thué TNDN li 20%, WACC ciia cong ty ld bao nhigu néu tong quy mé huy dong vin lon hon 2 ty va khong vot qua 2.5 ty? a. 11,88% b. 13,4% c. 11,24% d. 11,00% Huong di Co cdu NV: 40% ng, 10% CPUD, 50% VCSH Goi X la co céu huy dong, Ta c6: 2000< X<= 2500 => Vay 40%: 8001000trd (_k qua | ty) Lai suat rdt=10%-> rd=8%. + Huy dong tir ¢6 phan wu dai tir 200-> 250trd (trén 200 trd) ‘Tiktok2: Ding Sharing Excel ACCA TODNITV- TA VIMO. TIN Die ICT Passed level F (PLP) cing chlACCAPage | 17 Liga in: RELCICL TA KE UGS La NUKE IV.TAL TCDS LAD, SSE, NUTK. KEL SMO. YL 2: TACHI: 3: i Account = 11,18% + Huy dong tir VCSH tir 1000 > 1250 trd va da diing hét 600trd Phat hanh CPT méi. Véi quy mé duéi 1,5 ty thi chi phi phat hanh = 5% 4000 x (145%) ->> Re = Re = scoooxa=5%) + 5%=13,48% =>> WACC= 40%x8% + 10%x11,18% + 50% x 13,84%= > Chon C. 1,24% GAWBE Cong ty cé phan Dai Viet cé hé sé ng 1a 0,6 tai mire EBIT 1 ty dong; tong tai sin 10 ty déng va mite Iai sudt vay von binh quan 1a 10%/nim. Cong ty du kién nim téi sé ting quy mé tai sin thém 5 ty ddng bing cach vay 3 ty déng ciia ngén hang Vietcombank véi mite lai sudt 12%/nim va phat hanh thém 2 ty déng vén cé phan thong. Thué suft thué TNDN = 20%. La chin thué tir ng vay cia cong ty true va sau khi ting quy m6 tai san Lan lwot la bao nhiéu? a. 600 triéu dong, 360 triéu déng b. 120 trigu dong, 72 trigu dong c. 600 triéu ding, 960 trigu déng d, 120 trigu déng, 192 trigu déng Hung din + Truréc khi tang quy mé: I1= 10x0,6x10%=0,6 ty =600trd =>La chan thué=11 x thué sudt = 600trd x 20%=120trd + Sau khi ting qui mé T2=11 + 3000x12% = 960trd =>La chan thué= 12 x thué suat = 960trd x 20%= 192 trd > Chon D (GBWBB Cong ty cé phan Binh An nam N cé tong sin lwgng tiéu thy dat 100,000 tn thép. Gia ban chua cé thué GTGT mdi tan thép 1a 500.000 dong. Chi phi bién déi chiém 60% gia ban. Chi phi cé dinh kinh doanh ed aes ‘Tiktok2: Ding Sharing Excel ACCA TODNITV- TA VIMO. TIN Die ICT Passed level F (PLP) cing chlACCAPage | 18 a. Liga hi gn RUTCUTY TA Ki UGS TA NLA CV Tan TCDNI24 1 LD-XSEK.ALLK, KUL LO. VL 2: TACHI : 7 i Account hang nam 1a 8.000 trigu dng. Tong quy mé tai san ciia cng ty Binh An nam N la 120,000 trigu ddng, hé sé ng Ia 0,5. binh quan la 8%/nam. Mite dé tic dOng cia don bay tai chinh cia CTCP Binh An la: Huong dan: + EBIT= Q(p-v) -F = 100000 x(0,5-0,3) -8000 =12000 trd +I 120000 x 0,5 x 8% = 4800 trd + DFL = EBIT/EBIT-I) = 12000/(12000-4800) = 1,67 > Chon B (GAWD: Cong ty cé phn Binh An nim N cé tong sin lwong tiéu thu dat 100.000 tan thép. Gia ban chua cé thué GTGT mii tn thép 14 500.000 dong. Chi phi bién déi chiém 60% gia ban. Chi phi cé dinh kinh doanh hang nim [A 8.000 trigu dng. Téng quy mé tai sin cia cng ty Binh An nim N la 120.000 trigu dong, hé sé ng 1a 0,5. Lai vay von binh quan la 10%/nim. Thué suit thué TNDN 1a 20%. Ty suat sinh loi VCSH cia CTCP Binh An la: a. 10% b. 12% c. 8% d. 9,6% Hi g dan: Chi phi bién di v= 500000 x 60%= 300000d=0,3 trd EBIT = Qx(p-v) —F = 100000x( 0,5-0,3) -8000 = 12000 trd I= 120000 x 0,5 x10% = 6000 trd => EBT= EBIT 6000trd LNST = EBTx(1- t) = 6000x(1 -20%) =4800 trd ‘Tiktok2: Ding Shaving Excel ACCA TCDNITV- TA VLMO.TIN Die AICTE Passed level F (PLO) cing chl ACCALiga in: RELCICL TA KE UGS La NUKE IV.TAL TCDS LAD, SSE, NUTK. KEL SMO. YL 2: TACHI: 3: i Account VCSH = 120000x(1-0,5) = 60000trd Vest ~ 60000 — > Chon C Page | 19 EBIT lam can bing EPS cia hai phwong dn fai tre may 1a a. 8,61 ty dong b. 8,5 ty déng ¢. 9,52 ty dong d. 9,80 ty dong Huong __LNST-G6 tire CPUD___ (EBT-I)x (1-t)-C6 tire CPUD Cong thire: EPS = S6 dang lu hank SO CPT dang Wu hank + Xét phuong dn 1 a I1= 200000 x 0.1 x 10%=20000 trd (Vay tir trai phiéu) SH1= 10%6 + — = 1100000 (cd phiéu) + Xét phuong an 2 12= 200000 x 0,1 x 10% + (3000 x 12%) =2360 tr 2x10"9 Reg H2 = 10°6 + Saoan 1040000 (co phiéu) EPS can bang: EPS1=EPS2 > Chon A EBIT-2000 _ EBIT-2360 = => EBIT*= 8600 trd= 8.6 ty 1100000 1040000 ‘Tiktok2: Ding Sharing Excel ACCA TODNITV- TA VIMO. TIN Die ICT Passed level F (PLP) cing chlACCALiga Jn: KPTCICTY 14), KE HCSN1 TA, NLKY CIV.0A), TCDNI235 (TV, TA), NSTK, NLTK, RTL, VIMO: VI MO; TCCI2: TACB:2; TIN DAI CUONG: KTCT; cf min nam 5; nam 4, FS: FS; FG: FPEFS PACA: Accounting CEAR wv tal page D On Thi HIVTTC howe ZALO: 0965 08457 Click (é day) Youtube: Di On Thi HVTC (Hee thir online), Page | 20 pr ae a Jn.Nooe Ding: DRE ‘Tiktok2: Ding Sharing Excel ACCA TCDNI TV. TA. VI MO- TIN DiC- KICT ‘Passed level F (F1-F9) chiing chi ACCA