Explanation:
the competition committee of southafrica, set up in the year 1989 by the southafrica government under the competition act to empower to investigate, control and restrict business, abuse of dominant positions and merges in order to achieve equity and efficiency in the southafrica economy.
Answer: 11.26%
Explanation:
From the question, we are told that Roy's Welding has annual sales of $96,700, a profit margin of 7.45 percent, and a payout ratio of 40 percent ans that the firm has $11,500 of debt and owners' equity of $31,200.
The internal growth rate for this firm assuming the payout ratio remains constant goes thus:
We have to calculate the net income first and this will be:
= $96700 × 7.45%
= $7204.15
The total assets will be debt plus the equity. This will be:
= $11500 + $31200
= $42700
ROA will now be net income divided by
the total assets which will be:
=7204.15/42700
= 0.1687
Retention ratio will be:
= 1-payout ratio
= 1 - 40%
= 1 - 0.4
= 0.6
Therefore, internal growth rate will be:
=(ROA × Retention ratio)/[1-(ROA × Retention ratio)]
=(0.1687 × 0.6)/[1-(0.1687 × 0.6)]
= 0.10122/(1 - 0.10122)
= 0.10122/0.89878
= 0.1126
=11.26%
Answer:
The company's weighted cost of capital is 12.6%
Explanation:
Weighted average cost of capital (wacc) is calculated using the following formula:
wacc = [ kd x (1-tax) x weight of debt] + [ke x weight of equity]
in which: kd is the cost of debt = 12.5%
ke is the cost of equity = 16%
Weight of debt = $120m / ($120m+$180m) = 40%
Weight of equity = $180m / ($120m+$180m) = 60%
--> wacc = [0.125 x ( 1-0.4) x 0.4] + [0.16 x 0.6]
= 12.6%
This question is incomplete.
The complete question, answer & explanation for this question is given in the attachment below.
Answer:
Funding for the retraining of workers
Explanation:
Funding for the retraining of workers is a function internal to an organization that has to do with the retraining of workers towards a continuous profession development in upgrading and acquisition of new skills .
While other options in the question are under the regulation of the government, the funding for retraining of workers is left at the discretion of the employer or organization. This is why we have discrepancies in the approaches of different organization to this function.