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3 years ago

Shoprite's business productivity

Business

1 answer:

enyata [817]3 years ago

8 0

Answer:

The Group's primary business is food retailing to consumers of all income levels. Freshmark is South Africa's largest fruit and vegetable distributor. They distribute produce to over 440 Shoprite Group stores as well as other retail outlets.

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Trendsetters has a cost of equity of 14.6 percent. the market risk premium is 8.4 percent and the risk-free rate is 3.9 percent.

BabaBlast [244]

Given:
cost of equity of 14.6 percent
market risk premium is 8.4 percent
risk-free rate is 3.9 percent
increase company's beta to 1.4 after purchase.

We will use the CAPM or Capital Asset Pricing Model formula to solve the new cost of equity.

Re = rf + (rm – rf) * β

Where:

Re = the required rate of return on equity
rf = the risk free rate
rm – rf = the market risk premium
β = beta coefficient = unsystematic risk

We need to solve for the original beta coefficient using the given cost of equity, market risk premium and risk free rate.

Re = rf + (rm – rf) * β
14.6% = 3.9% + 8.4% * β
14.6% - 3.9% = 8.4% * β
10.7% / 8.4% = β
1.27 = β

The initial beta coefficient is 1.27.

Using the same risk free rate, market risk premium, and a new beta coefficient of 1.4, we need to solve the cost of equity.

Re = 3.9% + 8.4% * 1.4
Re = 3.9% + 11.76%
Re = 15.66%

The new cost of equity after purchasing a company is 15.66%. It increase from 14.6% by 1.06%.

4 0

3 years ago

Reliable Waterworks provides plumbing services. Transactions of Reliable Waterworks during the first year of operations are give

Mariana [72]

Answer:

$30,900

Explanation:

Assets are major components of the statement of financial position. They are defined as anything owned by a company as a result of past activities that result to an inflow of economic benefits

Cash Asset Liability Expenses

Capital 11000 11000

Equipment (1400) 1400

Loan 15000 15000 15000

Rent (100) (100) 100

Inventory (400) 400

Sales 3200 3200

Total 30900 15000

7 0

3 years ago

A professor is expected to cover 16 chapters in an operations management text each semester. One semester the professor dismisse

Paladinen [302]

Answer:

professor's efficiency is 75%

Explanation:

given data

expected cover = 16 chapters

able to cover = 12 chapters

to find out

the professor's efficiency

solution

we know here that when professor works at 100% efficiency

then complete 16 chapter in 1 semester

but here Professor completed only 12 chapter

so for 100% we know 16 chapter that is

100% = 16 chapter

and for x% = 12 chapter

so from above both equation we get x %

x = 100 % × $\frac{12}{16}$

x = 75%

so we can say that professor's efficiency is 75%

4 0

3 years ago

Hampton Company reports the following information for its recent calendar year. Income Statement Data Selected Year-End Balance

Alina [70]

Answer:

See below

Explanation:

Statement of cash flow from operating activities using the indirect method.

Net income

$14,000

Adjustment for non cash items:

Depreciation expense

$5,000

Adjustments for changes in working capital:

Increase in accounts receivables

($8,000)

Decrease in inventory

$4,000

Increase in salaries payable

$1,000

Net cash from operating activities

$16,000

7 0

2 years ago

stock co uses a job costing system the following debts appeared in stock work in process account for the month of april balance

Anni [7]

Answer:

See below

Explanation:

The above information is incomplete. Concluding part from similar question is seen below.

Direct labor $16,000

Factory overhead $12,800

To finished goods ($48,000)

Therefore, the amount of direct materials charged to job is computed as;

= Balance + Direct materials + Direct labor + Factory overhead - Finished goods

= $4,300 + $26,400 + $16,000 + $12,800 - $48,000

= $11,500

The next step is to deduct the job Still in work in process charged with direct labor.

= $11,500 - $2,300

= $9,200

Hence, the amount of direct materials charged to job no 5 is $9,200

7 0

3 years ago

Shoprite's business productivity​

Shoprite's business productivity