Assessment Task

You are in the final stage of the selection process for the job of assistant financial analyst at the Antipodes Mineral Resources company (AMR). This involves a test of your understanding of basic financial concepts. You are given the following memo and asked to respond to the questions. Whether or not you are offered a position at the company will depend on the quality of your responses.

To: Applicants for the position of assistant financial analyst

From: K. Abbott-Gill, CFO, Antipodes Mineral Resources Co. (AMR)

Re: A test of your understanding of basic financial concepts

Please respond in writing to the following questions:

1. What types of investment projects would you expect to find in a minerals company?

2. You will be working in the CFO's office if you obtain this job. What activities do you expect are undertaken in this office?

3. AMR is a public company, listed on the stock exchange. How does this fact have a bearing on the goal we should bear in mind when managing our finances?

4. Does or should AMR have any other accountabilities apart from responsibilities to the firm's owners?

1500 words

5 APA references.