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3 years ago

Evaluate the current financial performance of eskom

Business

1 answer:

Arte-miy333 [17]3 years ago

8 0

Answer:

Eskom Holdings SOC Limited dominates the electrical business in South Africa (Eskom).

They provide a significant amount of power for the country, accounting for over 95% of all power in South Africa.

In the first half of the 2018/19 financial year, Eskom made a profit of $48.05 million, down 89 percent from the previous year.

Higher borrowing expenses, higher gasoline prices, and increased staffing costs, they claimed, were to blame for the earnings dip.

Explanation:

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The curve that shows how much gdp is demanded at various price levels is called:

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3 years ago

Jean has created a self improvement plan so she can meet her goal of getting a raise in six months. Which of these is an element

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3 years ago

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The Whitesell Athletic Corporation's bonds have a face value of $1,000 and a 10% coupon paid semi-annually. The bonds mature in

aniked [119]

Answer:

Bond Price = $1213.18605 rounded off to $1213.19

Explanation:

To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is a semi annual bond, the coupon payment, number of periods and semi annual YTM will be,

Coupon Payment (C) = 1,000 * 0.10 * 6/12 = $50

Total periods (n) = 10 * 2 = 20

r or YTM = 0.07 * 6/12 = 0.035

The formula to calculate the price of the bonds today is attached.

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3 years ago

[21] Bear Co. prepares its statement of cash flows using the indirect method. Bear sold equipment with a carrying value of $500,

ehidna [41]

Answer:

B. $100,000 subtraction from net income $400,000 cash inflow

Explanation:

The income statment will include a loss on disposal.

The book value is 500,000 and was sold at 400,000

The loss on disposal will be 100,000

For the cash flow statement will recognize the cash proceeds from investment activities. It will ignore the loss on disposal. Cash generated on disposal of equipment will be 400,000

A.- INCORRECT the net income decrease, as it was a loss, not a gain.

C.- INCORRECT the net income decrease, as it was a loss, not a gain.

D.- INCORRECT the cash flow will recognize the amount of cash received. Which is 400,000 not 500,000.

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3 years ago

Rev. Elvin Snider is the ordained minister at Crossroads United Methodist Church. His salary on his Form W-2 is $20,000. He also

8_murik_8 [283]

Answer: $32000

Explanation:

It should be noted that ministers or clergymen can exclude the home rental value or housing cost from the calculation of the gross income

Rev. Snider's self-employment income

Therefore, in this case, Rev. Snider's self-employment income will be:

Salary = $20,000

Add: Housing allowance = $12000

Total = $32000

6 0

3 years ago

Evaluate the current financial performance of eskom​

Evaluate the current financial performance of eskom