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Len [333]
1 year ago
15

What amount of capital could be raised by Shoprite

Business
1 answer:
umka21 [38]1 year ago
3 0

The amount of capital that Shoprite can raise is dependent on various factors. It is to be noted however that "Shoprite Checkers will contribute R888 million, allowing the Shoprite Employee Trust to subscribe for 10% of the stocks, with Shoprite Checkers funding the remaining shares on a notional basis.

<h3>Who is Shoprite?</h3>

Shoprite Holdings Limited is an investment holding company established in South Africa.

The business is a fast-paced consumer products store.

Its primary activity is food retailing, which is supplemented by furniture, medicines, hotels, tickets, digital commerce, financial services, and cellular facilities.

Learn more about Shoprite:
brainly.com/question/28071675
#SPJ1

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True customers come first.

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Who can approve the realignment of funds between activities that are below the level of control for that appropriation category
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Jack and Jill are married and have no dependent children. They are both over 65 and Jill is blind. Their gross income is $45,000
yan [13]

Answer:

They are exempt from paying tax

Explanation:

Taxable income is the amount of an individual's gross income that the government deems subject to taxes.

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8 0
3 years ago
You need a 35-year, fixed-rate mortgage to buy a new home for $340,000. Your mortgage bank will lend you the money at an APR of
cluponka [151]

Answer:

$338,712

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present value = monthly payment x annuity factor

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I prepared an amortization schedule using an excel spreadsheet. During the first years, the principal is only decreasing by $1 each month

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Currently, the yield curve is ascending. A customer believes that the Federal Reserve will start to tighten credit by raising sh
sleet_krkn [62]

Answer:

Short-selling long-term bonds and taking long position on short-term assets

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When the yield curve ascends, the long-term bond's price will go down. Hence, do short-sell the long-term bonds. On the other hand, short-term asset's price will be depreciated because Fed tightens credit and raise short-term rate, which is the chance to purchase and make profits from capital gains.

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