TWO [20] 2.1. Briefly outline the role of the Financial Manager in an organisation. (4) 2.2. MasterCraft Ltd, operate in the tool and dye industry. The Manufacturing Manager, Sipho Mabuse, feels that some of their tools and presses are showing serious signs of wear and tear and are about a year from the end of their useful life in a top notch industrial plant. Sipho has concluded that the business needs to devise a plan to finance the replacement of these machines. Sipho needs to calculate the companys cost of capital. Their present capital structure is as follows: 600 000 ordinary shares originally issued at R1,50 per share but now trading at R2, 20 per share. 150