1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Katarina [22]
3 years ago
10

What is the nature of DENEL​

Business
2 answers:
ale4655 [162]3 years ago
4 0

Answer:Denel SOC Ltd is a South African state-owned aerospace and military technology conglomerate established in 1992. It was created when the manufacturing subsidiaries of Armscor were split off in order for Armscor to become the procurement agency for South African Defence Force (SADF), now known as the South African National Defence Force (SANDF), and the manufacturing divisions were grouped together under Denel as divisions. The company had been experiencing major financial problems since 2015 and in 2021 it was announced in Parliament that Denel was on the brink of insolvency. The company stated that its woes were due to declining local defence budgets, weakened relationships with key customers and suppliers, the inability to retain or attract skilled personnel, ongoing salary disputes and a Fitch ratings downgrade.

Neko [114]3 years ago
3 0

Answer:

turn-key solutions of defence equipment

You might be interested in
The economy is in long-run equilibrium. Technological change shifts the long-run aggregate supply curve $120 billion to the righ
dolphi86 [110]

Answer:

C. Real GDP would be higher but the price level would be the same

Explanation:

Real gdp would get to be higher as long run aggregate supply goes up. Prices would go down because as long run aggregate supply goes up, aggregate demand does not experience the same proportional increase. As long run aggregate supply goes up, short run aggregate supply falls backwards.

8 0
3 years ago
Consider the following information:
Stolb23 [73]

Answer:

The individual will plan to spend or consume more of his wages than usual; since he believes there'll be a tax cut.

Explanation:

C = consumption

W = wages

Note: No graph is attached to the question so we can't make use of certain information in the question.

Suppose there is an announced change in tax policy - a tax cut/reduction - and a tax increase later; <em>what is the impact of this policy on consumption if the consumer believes that the policy will be implemented?</em>

<em />

Reasoning as an economist, the first reaction of a rational consumer is to begin to consume more since he believes the tax reduction policy will be implemented.

NOTE that sometimes the government or financial ministry in a country intentionally announce policies just so citizens can begin adjusting their consumption and investment patterns in line with them. They do not necessarily follow up with implementation of the policies.

So for a consumer who believes that there'll be a tax cut, he'll be excited and will either consume more of his present wage or consume all and borrow or dissave.

7 0
3 years ago
The following three independent sets of facts relate to contingent liabilities: 1. In November of the current year an automobile
aalyn [17]

Answer:

Situation 1 is a probably contingency. This recall is occurring and can be estimated as costing $2 million. This amount should be charge to the warranties payable and warranties expense accounts.

Date

Particulars

Ref.no

Debit $

Credit $

Warrantee expenses

20,00,000

Warranty payable account

20,00,000

[To record the estimated claims]

Comment

Step 3 of 3

Situation 2 is a reasonable contingency. The costs are possible and there are rough estimates for cleanup but there are also rough estimates about reimbursements for property damage. This situation would be disclosed on the balance sheet.

Situation 3 is a remote contingency. There is a small change that there could be property damage but there is no way to determine how much or what the costs could be. There is no amount marked down for this situation

Explanation:

5 0
3 years ago
How is a subsidy affect supply.
OlgaM077 [116]
How does a subsidy affect supply?
A subsidy by nature increases the purchasing power of the individual or class it is awarded to. It's like free money that can only be spent on certain things.
8 0
3 years ago
1. In the case, the court focused on the language of the contract. In the contract, the Desses agreed to fully disclose all info
Reil [10]

Answer:

Yes

Explanation:

The Desses would have had a stronger argument if the contract was silent in this way because it would have been less likely that there was a designated class of third-party beneficiaries under the contract.

Cheers

7 0
3 years ago
Read 2 more answers
Other questions:
  • You were hired as a consultant to giambono company, whose target capital structure is 40% debt, 15% preferred, and 45% common eq
    12·1 answer
  • Concord Corporation sells rock-climbing products and also operates an indoor climbing facility for climbing enthusiasts. During
    9·1 answer
  • Nova Electrics anticipates cash flow from operating activities of $13 million in 20X1. It will need to spend $8.5 million on cap
    10·1 answer
  • Wyatt Co. has a probable loss that can only be reasonably estimated within a range of outcomes. No single amount within the rang
    10·1 answer
  • Acquiring an existing firm operating in a foreign country rather than undertaking internal development may be the least risky an
    5·1 answer
  • Bill is a construction worker who was laid off because the market for new homes has been adversely affected in the recession. bi
    6·1 answer
  • Dunn received 100 shares of stock as a gift from Dunn's grandparent. The stock cost Dunn's grandparent $32,000, and it was worth
    15·1 answer
  • Purdum Farms borrowed $16 million by signing a five-year note on December 31, 2017. Repayments of the principal are payable annu
    9·1 answer
  • The parents of two children are killed in an automobile accident. They have a living trust. Why do you think this will benefit t
    9·1 answer
  • Corporate shareholders are best protected from incompetent management decisions by
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!