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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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When delivering disaster assistance for tribes the best approach is:________
inna [77]

When delivering disaster assistance to tribes the best approach is to find someone who knows about each tribe to tell you how to approach them appropriately.

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8 0
1 year ago
Prepare journal entries for each transaction and identify the financial statement impact of each entry.
madam [21]

Answer:

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Common Stock (Cr.) $21,200

Cash (Dr.) $4,500

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Cash (Dr.) $11,200

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Accounts Receivable (Cr.) $5,900

Cash (Dr.) $11,000

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Explanation:

Adams services may record these transactions as journal entries. The transactions may have some changes after they are recorded then adjusting entries will be prepared to reflect the correct effect of transaction on business activities.

7 0
3 years ago
Type the correct answer in the box. Spell all words correctly.
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7 0
2 years ago
Company X has 20M shares outstanding at $15 per share. Management has announced a 2 for 1 stock split. What would be the new mar
dlinn [17]

Answer:

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Explanation:

Data provided in the question

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So, by considering the above information, the new market cap of the company X is

= Number of shares outstanding × Value per share

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