Search & Filtering
Welltodo Ltd has the following capital structure, which it considers to be optimal: debt = 15%, preferred stock = 20%, and common stock = 65%. FCI’s tax rate is 40%, and investors expect earnings and dividends to grow at a constant rate of 6% in the future. Welltodo paid a dividend of Gh₵4.70 per share last year (D0), and its stock currently sells at a price of Gh₵60 per share. Ten-year Treasury bonds yield 6%, the market risk premium is 5%, and Welltodo’s beta is 1.3. The following terms would apply to new security offerings. Preferred: New preferred could be sold to the public at a price of Gh₵100 per share, with a dividend of Gh₵9. Flotation costs of Gh₵5 per share would be incurred. Debt: Debt could be sold at an interest rate of 9%. Common: New common equity will be raised only by retaining earnings. Determine the company’s WACC?
Which one of the following statements referring to the entrepreneurial characteristics of risk-taking is correct ?
(a) The successful entrepreneur feels its necessary to take many chances
(b) Entrepreneurs investigate the probable results before they take decisions
(c) Successful entrepreneurs do not take risks
(d) Successful entrepreneurs lengthen the time between the conceptualisation of an idea and the availability of the product in order to limit the risk
In January 2005 MXit was launched as a subscription service, which Heunis knew would not work, but decided to try anyway. By the end of April 2005 MXit had only 40 subscribers. At the end of May 2005, it was launched as a free service and the user numbers started skyrocketing.Mxit was the first to have hyperlinks within text , first to sell virtual goods and develop an economy via advertising . They also had to develop their own software
Which one of the following is not an entrepreneurial trait of Herman Heunis ?
(a) external locus of control
(b) Achievement motivation
(c) Creativity
(d) Risk-taking
The Namibian economy is closely linked to South Africa with the Namibian dollar pegged to the South African rand. Discuss the monetary arrangement & the peg and how it works. Please refer to the Common Monetary Area (CMA). Hint: Consult Bank of Namibia website.
In January 2005 MXit was launched as a subscription service, which Heunis knew would not work, but decided to try anyway. By the end of April 2005 MXit had only 40 subscribers. At the end of May 2005, it was launched as a free service and the user numbers started skyrocketing.Mxit was the first to have hyperlinks within text , first to sell virtual goods and develop an economy via advertising . They also had to develop their own software
which step in the entrepreneurial process did Heunis have to do once he had conducted feasibility study ?
(a) compile a business plan
(b) launch a strategy
(c) resource strategy
(d) implementation
Anglo-American owns a portfolio of mining businesses and natural resources . These natural resources include diamonds and platinum group metals . The most important characteristics of these resources is that their supply cannot be ______ and they are therefore referred to as ______ resources .
(a) decreased , scarce
(b) decreased , abundant
(c) increased , scarce
(d) INCREASED , abundant
In a FULL sentence, describe how YOUR OWN one main personal ETHICAL VALUE might in future influence your daily life as an accountancy professional.
In a FULL sentence, describe how YOUR OWN one main personal ETHICAL VALUE influences your daily life as a student.
Mention one individual role-player (for example your brother or teacher) who contributed the most to the development of YOUR OWN one main personal ETHICAL VALUE
Write a FULL SENTENCE that describes YOUR OWN one main personal ETHICAL VALUE.
