STARWIN PRODUCTS LIMITED RENOUNCEABLE RIGHTS ISSUE Following approval by Starwin Products Limited’s (“SPL” or the “Company”) shareholders at their Annual General Meeting on 19 June 2013, the Company embarked on a Renounceable Rights Issue (“Offer”) of 333,359,264 ordinary shares of no par value at GHS 0.03 per share to interested shareholders. The Securities and Exchange Commission (“SEC”) and the Ghana Stock Exchange (“GSE”) approved SPL’s Offer Circular on 29 August 2014 and on 4 September 2014, respectively. IC Securities (Ghana) Limited (“IC Securities”) is the Financial Advisor and Sponsoring Broker for the Offer. On 17 November 2014, a shareholder of the Company (“Applicant”) filed a motion to restrain Starwin Products Limited and IC Securities from proceeding with the issuance of additional shares described as a Renounceable Rights Issue. On 8 December 2014, the Accra High Court before Justice Samuel K.A. Asiedu, Justice of the High Court, dismissed the motion on the basis of no merit in the evidence provided by the Applicant. The Offer period closed, and all shareholders who took part in the Offer received their subscriptions on 17 December 2014. a) How much was SPL hoping to raise? b) Before the rights issue, SPL had issued 259,647,284 shares which were trading at GHS 0.04 per share. If all existing shareholders exercised their rights, what was the value of SPL at the end of the rights issue (all things equal)? c) SPL is registered in Ghana. How many rights must have been issued? d) Each right entitled the holder to buy how many new shares?

Some problems that Hudson will face when they enter into the European market include:

Hudson would be going up against already established companies who have a loyal customer base and less costs as they do not need to pay for startup costs.

Hudson will also incur high investment costs in the areas of production and advertisement as they try to establish themselves in the European markets.

As a result of these high costs, Hudson will make losses or low profits as they might not be able to draw enough clientele to cover the cost of setting up in Europe.

In conclusion, Hudson faces several challenges.

Find out more about start up costs at https://brainly.com/question/13923720.

Answer: $2,000

Explanation:

When a corporation owns less than 20% of another corporation, only 50% of the dividend it receives can be used as a deduction.

In this case, Jazz owns less than 10% of Mitchell and so can use 50% of $10,000 as a deduction:

= 50% * 10,000

= $5,000

However, Jazz incurred a loss of $2,000 which means that they will only need to deduct that $2,000 from the allowable $5,000.

To determine the maximum amount you would be willing to pay for the project, we can use the concept of the present value of perpetuity. The present value is the current worth of future cash flows discounted at a specified rate of return. In this case, the perpetuity provides a constant cash flow of $4,000 every year indefinitely.

The formula for the present value of perpetuity is:

Present Value = Cash Flow / Discount Rate

Given that the cash flow is $4,000 and the required return or discount rate is 8% (0.08 as a decimal), we can calculate the present value as follows:

Present Value = $4,000 / 0.08 = $50,000

Therefore, the most you would be willing to pay for this project is $50,000. This amount ensures that the annual cash flow of $4,000 is equivalent to an 8% return on your investment, considering the risk and time value of money.

For more such answers on amount

https://brainly.com/question/14510611

#SPJ8

Answer:

in sum, an employer can terminate an employee for posting about individual gripes, but there can be a fine line between an individual complaint and attempt at concerted activity. Employers should consult with counsel before terminating or disciplining an employee for posting about work-related activity.

1. The total market value of the firm today when D/E is 10 percent is 492.15 million. 2.  we would advise the firm to increase its D/E ratio to 30 percent to maximize its market value.

1. To calculate the total market value of the firm today, we can use the following formula:

Total Market Value = Equity Value + Debt Value

Equity Value = Earnings before Interest and Tax (EBIT) * (1 - Tax Rate) / Cost of Equity

Debt Value = Debt * Cost of Debt

Cost of Equity = Risk-Free Rate + Beta * Market Risk Premium

Cost of Debt can be estimated using the relationship provided in the question. When D/E ratio is 10 percent, the cost of debt is 10 percent.

Plugging in the values, we get:

Equity Value = 120 * (1 - 0.3) / (0.08 + 1.05 * 0.05) = 430.63 million

Debt Value = 0.1 * 430.63 / (1 - 0.3) = 61.52 million

Total Market Value = 430.63 + 61.52 = 492.15 million

(ii) To advise the firm on the optimal D/E ratio, we can use the formula for the weighted average cost of capital (WACC):

WACC = Weight of Equity * Cost of Equity + Weight of Debt * Cost of Debt * (1 - Tax Rate)

To maximize the firm's market value, we need to find the D/E ratio that minimizes the WACC.

We can use the provided relationship between the pre-tax cost of debt and the D/E ratio to estimate the cost of debt for different D/E ratios. We can then calculate the WACC for each D/E ratio using the formula above.

Plotting the estimated cost of debt and WACC against the D/E ratio, we can see that the minimum WACC occurs at a D/E ratio of 30 percent.

for more such questions on market

https://brainly.com/question/25369230

#SPJ11

Answer:

Explanation:

Good project management discipline is the way to overcome these shortcomings. Having good project management skills does not mean you have no problems. It does not mean that risks go away. It does not mean that there are no surprises. The value of good project management is that you have standard processes in place to deal with all contingencies.

Project management processes and techniques are used to coordinate resources to achieve predictable results. However, it should be understood that project management is not an exact science and there is never a guarantee of success. Since projects involve people, there is always complexity and uncertainty that cannot be absolutely controlled.

Project management is both science and art. It is science in that it relies on proven and repeatable processes and techniques to achieve project success. It is an art because it also involves managing and relating to people and requires the project manager to apply intuitive skills in situations that are totally unique for each project. A good project management methodology provides the framework, processes, guidelines and techniques to manage the people and the work. A good methodology increases the odds of being successful and therefore provides value to the organization, the project and the project manager.

The characteristics of the project are not going to change whether you use a formal project management process or not. What changes is how the events are dealt with when the project is in progress. Are they dealt with haphazardly and reactively or proactively with a smoothly running process?

Generally, it is believed that organizations that follow good processes are more successful than organizations that do not. Organizations that have good processes. These organizations get more work done and they tend to do the work that is of most value. They also have organizational systems in place to help make everyone more successful, including project managers.

The value that can be gotten from Data analytics  is that it can aid companies to have broad knowledge of market segments,  and can help to increase their market share as well as revenue growth.

The risks of not using data visualization is that the company may not be be able to  to maintain the audience's interest with information.

For example, data analytics can help businesses find underdeveloped market areas, anticipate client wants, and improve their product offers. Businesses that use data analytics to acquire a competitive edge can grow their market share, accelerate revenue growth, and strengthen their brand.

Learn more about  data analysis at;

https://brainly.com/question/30156827

#SPJ1

A monopolist is an individual, gathering, or organization that controls each of the business sectors for a specific decent or administration. The profit in market 1 is $1,600,  The profit in market 2 is $450 and  Demand is more elastic in market 2

(A) Profit = Total revenue - total cost = P*Q - MC*Q = (P-MC)*Q

Profit in market 1

P1 = $60, Q1 = 40, and MC = $20

So, Profit in market 1 = (60-20)*40 = 40*40 = $1,600

(B) Profit in market 2

P2 = $35, Q2 = 30, and MC = $20

So, Profit in market 2 = (35-20)*30 = 15*30 = $450

(C) Demand is more elastic in market 2 as a monopolist charges a lower price in the more elastic market so as P2 < P1 then market 2 is more elastic.

Learn more about monopolist:

https://brainly.com/question/29763908

#SPJ1

This question is not complete, Here I am attaching the complete question: also, attaching the diagram

Suppose a monopolist produces in a market with two distinct segments: market 1, which is denoted as M1 on the graph, and market 2, denoted as M2. The firm's marginal and average costs are $20.

(A) What is the profit of market 1?

(B)  What is the profit of market 2?

(C) In which market is demand more elastic?

Marketability, one of the following is not a characteristic generally evaluated in analyzing financial statements. Thus, option (c) is correct.

Comparisons of financial data made within a company are called  intracompany comparisons. Thus, option (a) is correct.

The term company refers to the legal entities that are legally registered in accordance with the Company Act. Company is the main goal to earn higher profit, and they maintain the goodwill.

According to the financial statements, are the created with the help of the marketability of the product. There was the financial data are the company to the entry are the intracompany comparisons.

Therefore, option (c) and 2. (a) is correct.

Learn more about on company, here:

https://brainly.com/question/29354835

#SPJ1

Answer:

Intellectual scholar discuss the issues of development​ as something arising out of differences between the nature and nurturing given to an individual. They also talk about relative importance of early experiences versus experiences occurring at a  later stage  in life.

They also talk about sequential development stages with age that cause emergence of certain skills in all individuals. They also talk about various theories such as cognitive theory, developmental theory, Psychoanalytic Theories, Abnormal Behavior vs. Differences etc.

Explanation:

Intellectual scholar discuss the issues of development​ as something arising out of differences between the nature and nurturing given to an individual. They also talk about relative importance of early experiences versus experiences occurring at a  later stage  in life.

They also talk about sequential development stages with age that cause emergence of certain skills in all individuals. They also talk about various theories such as cognitive theory, developmental theory, Psychoanalytic Theories, Abnormal Behavior vs. Differences etc.

Management is a social, integrated, and continuous process because it involves people working together to achieve common goals over time. It is social because it involves interactions between people, including managers and employees, as well as interactions between the organization and its stakeholders, such as customers, suppliers, and the community. These interactions are essential for effective management, as they help to build relationships, establish trust, and foster collaboration. Management is integrated because it involves coordinating and aligning different functions and activities within the organization. This includes planning, organizing, leading, and controlling, as well as other processes such as communication, decision-making, and problem-solving. These processes are interconnected and interdependent, and they must work together seamlessly for effective management. Finally, management is a continuous process because it involves ongoing efforts to improve performance and achieve organizational goals. This requires a focus on learning, innovation, and adaptation, as well as a willingness to change and evolve over time. Effective management requires a long-term perspective and a commitment to continuous improvement, as well as the ability to respond to changing circumstances and emerging opportunities. In summary, management is a social, integrated, and continuous process that involves people working together to achieve common goals over time. Effective management requires a focus on building relationships, coordinating activities, and continuous improvement, as well as the ability to adapt to changing circumstances and emerging opportunities.

Answer:

Explanation:

a lot of things

Option A is the correct answer. Indirect taxation is the situation where taxes are imposed on products or services and not directly on individuals. Therefore, the example of indirect taxation in the situation given is when stores charge sales tax on each purchase and give that money to the government.

Stores charge sales tax on each purchase and give that money to the government is an example of indirect taxation.Indirect taxation is a method of taxation in which individuals are not taxed directly, but instead, the tax is paid through an intermediary.

The tax is generally imposed on products or services. This tax, which is passed on to the customer as part of the price of the good or service, is then collected by the seller and forwarded to the government.

Sales tax, excise tax, and customs duty are all examples of indirect taxes.

Therefore, Option A is the correct answer.

For more question on taxes

https://brainly.com/question/28798067

#SPJ8

The leader's leadership style has an impact on group performance and goal achievement since it influences employee behavior.

A leader's leadership style relates to how he or she directs, motivates, and manages others. A person's leadership style also influences how they strategize and implement plans while keeping stakeholders' expectations and the well-being of the team in mind.

Managers are in charge of guaranteeing team success, fostering a pleasant environment, and solving challenging problems. It motivates people to work harder and see their leaders as more effective.

Effective leadership requires strong communication, inclusiveness, and empowerment, and it has a beneficial effect on morale. A team's morale will rise when communication from the top to the bottom improves under competent leadership.

Learn more about leadership on:

https://brainly.com/question/1232764

#SPJ1

Answer:

the guy above is right trust me (kid in all cp classes)

Explanation:

but yea he is correct

1. Auditing plays important role by providing assurance and credibility to financial statements which enhances investor confidence and promotes efficient allocation of resources.

Auditing is essential for the economy as it helps maintain trust and confidence in the financial information reported by businesses. By conducting independent assessments of financial statements, auditors provide assurance to stakeholders that the information is reliable and accurate.

This assurance is particularly valuable for investors, creditors, and other parties who rely on financial statements to make informed decisions. Auditing also helps detect and prevent fraud, mismanagement, and other financial irregularities and thereby safeguarding the integrity of the financial system.

2. Auditing and other assurance services play a vital role in society by providing independent evaluations of financial statements and other information enhancing the reliability and credibility of financial reporting.

3. Issues associated with the audit of public sector, not-for-profit, and small business entities include unique reporting requirements, limited resources etc.

4. The professional, legal, ethical, and regulatory framework surrounding audits and assurance engagements should be critically evaluated to ensure independence, competence, integrity, adherence to standards, and the protection of public interest.

Read more about auditing

brainly.com/question/24317218

#SPJ1

After Polly Shrum sells a stock, she avoids following it in the media. She is afraid that it may subsequently increase in price. Shrum has fear of regret. She is hesitant to examine stock prices out of concern that they may have increased and she may have lost out on possible gains.

To prevent the fear of regret, the investor may become less risk-averse in the future and may purchase any stock recommended by the media without completing any background investigation. During lengthy bull markets, regret theory leads some investors to continue to invest aggressively, dismissing warning signals of a coming disaster.

According to regret theory, people anticipate remorse if they make the wrong option and take it into account while making decisions. Fear of regret may either deter or motivate people to act. Regret theory has the potential to influence an investor's rational conduct, diminishing their capacity to make financial decisions that benefit them rather than damage them.

Learn more about Stock here:

https://brainly.com/question/25765493

#SPJ1

The Worker Adjustment and Retraining Notification (WARN) Act requires that companies meet notice requirements of  60 days. Option A

Mass layoffs and qualified plant closings are now more likely to be announced in advance according to the Worker Adjustment and Retraining Notification (WARN) Act. To help employees and employers understand their rights and obligations under the terms of WARN, the U.S. Department of Labor has compliance support materials available.

Provides protection for workers, their families, and communities by mandating the majority of firms with 100 or more employees to notify affected parties about plant closures and mass layoffs 60 days in advance.

Read more on the WARN act here:https://brainly.com/question/29527320

#SPJ1

Noah is striving to train his staff to be open-minded in order to create a working environment in which everyone is respected and valued.

The components of the setting in which employees operate and how they affect employees are referred to as a work environment.

While some aspects of it are plainly visible, like the type of wall covering or the amount of indoor plants, others are more subtle, such office politics or a coworker whose personality does not fit the corporate culture.

Because they must carry out their tasks there, offices have a considerable impact on professionals working in full- and part-time roles. Workers typically have to adjust to this aspect of the workplace.

Because it affects how people work and how managers and employees interact, the desired leadership style of an organization is a significant aspect of the workplace.

Learn more about working environment, here

https://brainly.com/question/9856477

#SPJ1

A believer would find solace and guidance in their faith, deriving meaning and purpose from their religious practices.

An agnostic would approach life with an open mind, seeking answers through rational inquiry and personal experience.

An atheist, lacking belief in deities, would rely on reason and evidence for understanding the world. In a society devoid of literature, music, visual arts, and dance, profound losses would occur.

The expressions of human creativity, emotional catharsis, and the exploration of diverse perspectives would vanish. Cultural richness, intellectual stimulation, and the shared human experience would be greatly diminished.

However, new avenues for innovation and problem-solving may emerge as attention shifts to other forms of knowledge and human endeavors.

Read more about essays here:

https://brainly.com/question/25607827

#SPJ1

If the customer experience is not good enough, then there would be complaints and dissatisfaction.

This has to do with the general feelings which a customer who has had an encounter with a product or service has after using them.

With this in mind, we can see that if the customer experience is bad, then that means that there would be negative feedback.

Read more about customer experience here::
https://brainly.com/question/4121505

If this person wants more money for rent, they could consider adjusting their deductions for housing-related expenses, such as mortgage interest.

One specific deduction they could change is the deduction for mortgage interest. By increasing their mortgage interest deduction, they could potentially lower their taxable income and reduce their overall tax liability. This would result in more disposable income that could be allocated towards rent.

The mortgage interest deduction allows taxpayers to deduct the interest paid on their mortgage loans. By increasing the amount of mortgage interest they can deduct, the person can potentially lower their taxable income and decrease the amount of taxes owed. This would free up more money that could be used to cover the cost of rent.

It's important to note that individual circumstances and tax laws vary, so it is advisable for this person to consult with a tax professional or accountant to fully understand their options and ensure compliance with tax regulations.

For more questions on mortgage interest

https://brainly.com/question/28239154

#SPJ8

Downstream value chains refer to the stages of production and distribution that occur after the manufacturing or production of a product. It involves the processes, activities, and entities that are responsible for delivering the final product to the end consumer.

Downstream value chains typically include activities such as marketing, sales, distribution, retailing, and customer service. These stages focus on adding value to the product, ensuring its availability to the target market, and meeting customer demands. It involves activities like packaging, branding, logistics, pricing, and after-sales support.

Efficient management of the downstream value chain is crucial for achieving customer satisfaction, market reach, and profitability. It involves coordinating with intermediaries, managing distribution channels, and implementing effective marketing strategies to promote and deliver the product to consumers.

By optimizing the downstream value chain, organizations can enhance their competitiveness, expand market share, and capture customer loyalty in the final stages of the product's journey from producer to consumer.

For more such questions on Downstream value

https://brainly.com/question/14567642

#SPJ8

Answer:

D

Explanation:

Question Completion:

2. Pumpkin Spice Latte fanatics could be considered a(n) __________ of coffee enthusiasts.

a. reference group

b. subculture

c. social class

d. opinion leader

Answer:

Pumpkin Spice Latte fanatics could be considered a(n) __________ of coffee enthusiasts.

a. a reference group

Explanation:

In Sociology, other people who are not fanatics of Pumpkin Spice Latte (PSL fanatics as they are known) can use the PSL to compare their coffee drinking habits.  This means that the Pumpkin Spice Latte fanatics become a comparative reference group for any person who intends to do such relationship comparison.  Therefore, the PSL is regarded as aa group for self-evaluation.

Answer:

To calculate the tax revenue collected from the four skiers, we need to determine the number of skiers who continue to go skiing after the tax is imposed and then multiply it by the amount of tax per skier.

The skiers who will continue skiing after the tax is imposed are those who value the ski trip higher than the increased price of the ski pass.

Given the values of the skiers for the weekend ski trip, we can see that Anna ($150) and Brian ($90) will still choose to go skiing even with the increased price. Clem ($75) and Dave ($50), on the other hand, will not go skiing due to the increased price.

Therefore, the tax revenue collected will be the tax per skier multiplied by the number of skiers who continue to ski. In this case, the tax per skier is $12, and the number of skiers who continue to ski is 2 (Anna and Brian).

Tax revenue = Tax per skier * Number of skiers who continue to ski

= $12 * 2

= $24

Therefore, the correct answer is not provided among the options given. The tax revenue collected from these four skiers is $24.