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Hash-Singh CC trading under Kop lee Foods is a food manufacturing company based in Julius industrial Park situated in Rustenbure. The company was founded in 1942 by the offspring of the Gani family who was sent as indentured labourers to South Africa. The business was built with the vision of establishing the spirit of entrepreneurship for the family to be firmly entrenched in the mainstrearn economy of South Africa Vision: To be the country's most admired business in the providing of affordable food products within South Africa, Mission: To be the leading food manufacturer that provides alfordable products that contributes to the alleviation of poverty and food security within South Africa. The business has grown and diversified under the leadership of 4 generations and is now in a position to expand beyond being recognised as a family business. The CEO (Hash Ali) and the MD (Sikh Singh) formulated a proposal to convert the business from a close corporation into a private company.…

1.      Case Analysis: Al Ismail Fashions (AIF) is a garment company, located in Alkhwair Muscat, which consists primarily of much smaller garment makers. AIF was started 13 years ago by Ahmed and Salim, who have over 15 years of experience with a major garment manufacturer. And the partnership initially blended very well. Ahmed is extremely creative with a real talent for merchandising. Mainly as a result of his knowledge, the AIF is known for its quality and “in” fashions. Salim has contributed to merchandising and marketing ideas but has mainly assumed the duties of the firm’s chief operating officer. Ahmed has had little interest in the financial aspects of the company as he preferred to work on fashion designing and the development of marketing strategies. A few months ago, however, he decided that he had better become more involved with the company’s financials. Ahmed wants to analyze the financial statement of the company to know the current financial performance and positions…

The Volvo Company is an established American multinational automaker that has its main headquarters in Detroit, USA. • It was founded by Henry Michigan and incorporated on June 16, 1919 and had ever since been selling automobiles and commercial vehicles under the Volvo brand to the world. • The UAE has been one of Volvo's most loyal customers since the 1980's. • You work as a financial analyst and have recently been placed onto an assignment with the Volvo Company. • According to the most recent financial statements, the Volvo Company has reported a net loss of $1,800. The firm's earnings before interest, tax, depreciation & amortization are positive and amount to $9,000. The amount of debt outstanding that the company has borrowed from the HSBC bank at the 8% interest rate is $2,700. The applicable corporate tax rate used by the Volvo Company is 25%. • In answering the questions below, show all the formulas used and calculations, along with the final answer. 1. Calculate the amount of…

M/s. ABC Garments Ltd. was incorporated in 1980 and is a part of BCG Group. The client is engaged inthe manufacturing of Men formal and casual wear. They sell its finished product to local and internationalbuyers on credit basis. Their export sale constitutes of more than 50% of their sale.The company has a strong banking relationship with DIB and the owners are interested in Islamicbanking. As the customer usually sell its goods on credit basis so there is always a short term requirementof funds for working capital needs. The owners of the company have approached the bank and informedabout their working capital requirements (to manufacture the goods for the order). The customer hasinformed the bank that it has very sound relationships with its customers and till to date there is no defaultin payment and provides list of credible customers.Required:1) You are required to suggest the best suitable structure of financing for the customer and the procedure forthe customer keeping the view…

The Toledo Shirt Company manufactures men’s shirts sold to department stores and other outlets throughout Ohio, Illinois, and Indiana. For the past 14 years, one of Toledo’s major customers has been Abraham and Sons, a chain of nine stores selling men’s clothing. Mr. Abraham retired 18 months ago and his two sons took complete control of the organization. Since that time, they have invested significant sums of money in an attempt to expand each store by also selling women’s clothing. Success in this new market has proven to be difficult. Abraham and Sons is not known for selling women’s clothing, and no one in the company has much expertise in the area.Approximately seven months ago, James Thurber, Toledo’s chief financial officer, began to notice that Abraham and Sons was taking longer than usual to make payments. Instead of the normal 30 days, the retailer was taking 45 days—and frequently longer—to pay each invoice. Because of the amount of money involved, Thurber began to monitor…

Benetton supply chain: One of the best known examples of how an organization can use its supply chain to achieve a competitive advantage is the Benetton Group. Founded by the Benetton family in the 1960s, the company is now one of the largest garment retailers, with stores which bear its name located in almost all parts of the world. Part of the reason for its success has been the way it has organized both the supply side and the demand side of its supply chain.   Although Benetton does manufacture much of its production itself, on its supply side the company relies heavily on ‘contractors’. Contractors are companies (many of which are owned, or part-owned, by Benetton employees) that provide services to the Benetton factories by knitting and assembling Benetton’s garments. These contractors, in turn, use the services of sub-contractors to perform some of the manufacturing tasks. Benetton’s manufacturing operations gain two advantages from this. First, its production costs for woollen…

Case Analysis: Al Ismail Fashions (AIF) is a garment company, located in Alkhwair Muscat, which consists primarily of much smaller garment makers. AIF was started 13 years ago by Ahmed and Salim, who has over 15 years of experience with a major garment manufacturer. And the partnership initially blended very well. Ahmed is extremely creative with a real talent for merchandising. Mainly because of his knowledge, the AIF is known for its quality and “in” fashions. Salim has contributed to merchandising and marketing ideas but has mainly assumed the duties of the firm’s chief operating officer. Ahmed has had little interest in the financial aspects of the company as he preferred to work on fashion designing and development of marketing strategies. A few months ago, however, he decided that he had better become more involved with the company’s financials. Ahmed wants to analyses the financial statement of the company to know the current financial performance and positions of the company.…

Case Analysis: Al Ismail Fashions (AIF) is a garment company, located in Alkhwair Muscat, which consists primarily of much smaller garment makers. AIF was started 13 years ago by Ahmed and Salim, who has over 15 years of experience with a major garment manufacturer. And the partnership initially blended very well. Ahmed is extremely creative with a real talent for merchandising. Mainly because of his knowledge, the AIF is known for its quality and “in” fashions. Salim has contributed to merchandising and marketing ideas but has mainly assumed the duties of the firm’s chief operating officer. Ahmed has had little interest in the financial aspects of the company as he preferred to work on fashion designing and development of marketing strategies. A few months ago, however, he decided that he had better become more involved with the company’s financials. Ahmed wants to analyses the financial statement of the company to know the current financial performance and positions of the company.…

Case Analysis: Al Ismail Fashions (AIF) is a garment company, located in Alkhwair Muscat, which consists primarily of much smaller garment makers. AIF was started 13 years ago by Ahmed and Salim, who has over 15 years of experience with a major garment manufacturer. And the partnership initially blended very well. Ahmed is extremely creative with a real talent for merchandising. Mainly because of his knowledge, the AIF is known for its quality and “in” fashions. Salim has contributed to merchandising and marketing ideas but has mainly assumed the duties of the firm’s chief operating officer. Ahmed has had little interest in the financial aspects of the company as he preferred to work on fashion designing and development of marketing strategies. A few months ago, however, he decided that he had better become more involved with the company’s financials. Ahmed wants to analyse the financial statement of the company to know the current financial performance and positions of the company.…

With over 95,000 employees on five continents, Germany-based BASF is a majorinternational company. It operates in a variety of industries, including agriculture, oil andgas, chemicals, and plastics. In an attempt to increase value, BASF launched BASF2015, a comprehensive plan that included all functions within the company andchallenged and encouraged all employees to act in an entrepreneurial manner. Themajor financial component of the strategy was that the company expected to earn itsweighted average cost of capital, or WACC, plus a premium. So, what exactly is theWACC? The WACC is the minimum return a company needs to earn to satisfy all of itsinvestors, including stockholders, bondholders, and preferred stockholders. In 2007, forexample, BASF pegged its WACC at 9 percent, and it increased this figure to 10percent in 2008.You have recently been appointed company secretary to Finozest Solutions PLC andhave been asked by the Managing Director (MD) to estimate the company’s…

CASE STUDY: INTRODUCING KBC DECORATING CO. Henri Martin and Wes Corbett have decided to go into business together and have chosen the name KBC Decorating Co. Their business will have two main divisions: a retail department to sell paint, wallpaper, and related interior decorating supplies; and a service department to do painting and decorating of office buildings, apartment blocks, and private homes. Martin and Corbett were previously in this same type of work but operated separate businesses.   KBC Decorating Co. is located in Paris, Ontario, about an hour from Toronto. Martin and Corbett found a suitable location from which to operate their business, renting half of a warehouse building owned by Frank Bailes. Their space includes an office, retail space, and warehouse space.   Your job is to keep the books for KBC Decorating Co. for the first calendar year (January to December). As you progress through these chapters, you will learn and do. Each chapter will introduce new concepts…

CASE STUDY: INTRODUCING KBC DECORATING CO. Henri Martin and Wes Corbett have decided to go into business together and have chosen the name KBC Decorating Co. Their business will have two main divisions: a retail department to sell paint, wallpaper, and related interior decorating supplies; and a service department to do painting and decorating of office buildings, apartment blocks, and private homes. Martin and Corbett were previously in this same type of work but operated separate businesses. KBC Decorating Co. is located in Paris, Ontario, about an hour from Toronto. Martin and Corbett found a suitable location from which to operate their business, renting half of a warehouse building owned by Frank Bailes. Their space includes an office, retail space, and warehouse space. Your job is to keep the books for KBC Decorating Co. for the first calendar year (January to December). As you progress through these chapters, you will learn and do. Each chapter will introduce new concepts that…

Question Delta Telephone ltd. ,a subsidiary of a multinational  company is a supplier of telephone services to a medium sized community in Ghana. John Dela , the chief executive of the company has just attended a trade exhibition entitled ‘Automated Emigrate’ in Japan. As a result of what he learned  from  the exhibition  and information he has picked from  his peers in other companies , Mr Dela  is concerned about  Delta’s ability  to maintain its competitiveness position in the telecommunication market in Ghana. Owing to deregulation in the telecommunication industry and the aggressive action of new competitors in the local area, a significant number of Delta’s customers have switched to other suppliers of telephone and related telecommunication services.   Mr Dela feels that if Delta were to invest fully in new state- of –the- art  fiber-optics  technology as well as upgrade in the   latest computer equipment , the loss of market share may be arrested  and operating efficiency may…

What are the risks faced by IKEA after they decided to go for global market?

Case Analysis: Al Ismail Fashions (AIF) is a garment company, located in Alkhwair Muscat, which consists primarily of much smaller garment makers. AIF was started 13 years ago by Ahmed and Salim, who have over 15 years of experience with a major garment manufacturer. And the partnership initially blended very well. Ahmed is extremely creative with a real talent for merchandising. Mainly as a result of his knowledge, the AIF is known for its quality and “in” fashions. Salim has contributed to merchandising and marketing ideas but has mainly assumed the duties of the firm’s chief operating officer. Ahmed has had little interest in the financial aspects of the company as he preferred to work on fashion designing and development of marketing strategies. A few months ago, however, he decided that he had better become more involved with the company’s financials. Ahmed want to analyse the financial statement of the company to know the current financial performance and positions of the…

Case Analysis: Al Ismail Fashions (AIF) is a garment company, located in Alkhwair Muscat, which consists primarily of much smaller garment makers. AIF was started 13 years ago by Ahmed and Salim, who have over 15 years of experience with a major garment manufacturer. And the partnership initially blended very well. Ahmed is extremely creative with a real talent for merchandising. Mainly as a result of his knowledge, the AIF is known for its quality and “in” fashions. Salim has contributed to merchandising and marketing ideas but has mainly assumed the duties of the firm’s chief operating officer. Ahmed has had little interest in the financial aspects of the company as he preferred to work on fashion designing and development of marketing strategies. A few months ago, however, he decided that he had better become more involved with the company’s financials. Ahmed want to analyse the financial statement of the company to know the current financial performance and positions of the…

Case Analysis: Al Ismail Fashions (AIF) is a garment company, located in Alkhwair Muscat, which consists primarily of much smaller garment makers. AIF was started 13 years ago by Ahmed and Salim, who have over 15 years of experience with a major garment manufacturer. And the partnership initially blended very well. Ahmed is extremely creative with a real talent for merchandising. Mainly as a result of his knowledge, the AIF is known for its quality and “in” fashions. Salim has contributed to merchandising and marketing ideas but has mainly assumed the duties of the firm’s chief operating officer. Ahmed has had little interest in the financial aspects of the company as he preferred to work on fashion designing and development of marketing strategies. A few months ago, however, he decided that he had better become more involved with the company’s financials. Ahmed want to analyse the financial statement of the company to know the current financial performance and positions of the…

A) explain the following questions after reading the passage about MAERSK. A.P. Moller - Maersk is an integrated transport & logistics company with multiple brands and is a global leader in container shipping and ports. Including a stand-alone Energy division, the company employs roughly 80.000 employees across operations in 130 countries. In addition to owning one of the world’s largest shipping companies, Maersk is involved in a wide range of activities in the shipping, logistics, and the oil and gas industries. So The Maersk Group operates within global trade, shipping and energy industries and provides innovative marketing solutions that will help not only its companies advance, but the overall industries as well.Transport & Logistics consists of Maersk Line, APM Terminals, Damco, Svitzer and MaerskContainer Industry. The mission of these businesses is to enable and facilitate global supply chains and provide opportunities for our customers to trade globally. Soren Skou,…

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Give a brief report on the financial position of the company based on the above figures.

Analyse the issue(s)/problem(s) faced by SSB by referring to the MFRS 137 Provisions, Contingent Liabilities and Contingent Assets (CTPS Question –Problem analysis)

Conch Republic Electronics is a midsized electronics manufacturer located in Key West, Florida. The companypresident is Shelly Couts, who inherited the company. The company originally repaired radios and other householdappliances when it was founded over 70 years ago. Over the years, the company has expanded, and it is now a reputablemanufacturer of various specialty electronic items. Jay McCanless, a recent MBA graduate, has been hired by thecompany in its finance department.One of the major revenue-producing items manufactured by Conch Republic is a smart phone. Conch Republiccurrently has one smart phone model on the market and sales have been excellent. The smart phone is a unique itemin that it comes in a variety of tropical colors and is preprogrammed to play Jimmy Buffett music. However, as withany electronic item, technology changes rapidly, and the current smart phone has limited features in comparison withnewer models. Conch Republic spent $300,000 to develop a prototype for…

Conch Republic Electronics is a midsized electronics manufacturer located in Key West, Florida. The companypresident is Shelly Couts, who inherited the company. The company originally repaired radios and other householdappliances when it was founded over 70 years ago. Over the years, the company has expanded, and it is now a reputablemanufacturer of various specialty electronic items. Jay McCanless, a recent MBA graduate, has been hired by thecompany in its finance department.One of the major revenue-producing items manufactured by Conch Republic is a smart phone. Conch Republiccurrently has one smart phone model on the market and sales have been excellent. The smart phone is a unique itemin that it comes in a variety of tropical colors and is preprogrammed to play Jimmy Buffett music. However, as withany electronic item, technology changes rapidly, and the current smart phone has limited features in comparison withnewer models. Conch Republic spent $300,000 to develop a prototype for…

Conch Republic Electronics is a midsized electronics manufacturer located in Key West, Florida. The companypresident is Shelly Couts, who inherited the company. The company originally repaired radios and other householdappliances when it was founded over 70 years ago. Over the years, the company has expanded, and it is now a reputablemanufacturer of various specialty electronic items. Jay McCanless, a recent MBA graduate, has been hired by thecompany in its finance department.One of the major revenue-producing items manufactured by Conch Republic is a smart phone. Conch Republiccurrently has one smart phone model on the market and sales have been excellent. The smart phone is a unique itemin that it comes in a variety of tropical colors and is preprogrammed to play Jimmy Buffett music. However, as withany electronic item, technology changes rapidly, and the current smart phone has limited features in comparison withnewer models. Conch Republic spent $300,000 to develop a prototype for…

Read the case below and answer the questions following it.   DURAPLAST Company Ltd., opened its doors in 1979 as awholesale supplier of plumbing equipment, tools, and parts to hardware stores, home-improvement centers, and professional plumbers in the Accra-Tema Metropolitan area. Over the years they have expanded their operations to serve customers across the nation and now employ over 200 people as technical representatives, buyers, warehouse workers, and sales and office staff. Most recently DURAPLAST has experienced fierce competition from the large online discount stores such as Qualiplast and Interplast. In addition, the company is suffering from operational inefficiencies related to its archaic information system. DURAPLAST’s revenue cycle procedures are described in the following paragraphs.   Revenue Cycle   DURAPLAST’s sales department consists of 17 full-time andpart-time employees. They receive orders via traditional mail, e-mail, telephone, and the occasional walk-in.…

Read the case below and answer the questions following it.   DURAPLAST Company Ltd., opened its doors in 1979 as awholesale supplier of plumbing equipment, tools, and parts to hardware stores, home-improvement centers, and professional plumbers in the Accra-Tema Metropolitan area. Over the years they have expanded their operations to serve customers across the nation and now employ over 200 people as technical representatives, buyers, warehouse workers, and sales and office staff. Most recently DURAPLAST has experienced fierce competition from the large online discount stores such as Qualiplast and Interplast. In addition, the company is suffering from operational inefficiencies related to its archaic information system. DURAPLAST’s revenue cycle procedures are described in the following paragraphs.   Revenue Cycle   DURAPLAST’s sales department consists of 17 full-time andpart-time employees. They receive orders via traditional mail, e-mail, telephone, and the occasional walk-in.…

The Volvo Company is an established American multinational automaker that has its main headquarters in Detroit, USA. It was founded by Henry Michigan and incorporated on June 16, 1919 and had ever since been selling automobiles and commercial vehicles under the Volvo brand to the world. The UAE has been one of Volvo’s most loyal customers since the 1980’s. You work as a financial analyst and have recently been placed onto an assignment with the Volvo Company. According to the most recent financial statements, the Volvo Company has reported a net loss of $1,800. The firm’s earnings before interest, tax, depreciation & amortization are positive and amount to $9,000. The amount of debt outstanding that the company has borrowed from the HSBC bank at the 8% interest rate is $2,700. The applicable corporate tax rate used by the Volvo Company is 25%. In answering the questions below, show all the formulas used and calculations, along with the final answer. Calculate the amount of taxes…

Fancy Furry Felines Pty Ltd (FFF) is a company that retails products for cats boththrough physical shops and online. The online business has boomed throughout thepandemic.The company is classified as a large proprietary company for the 2020/21 financial year.The directors of the company, Sid and Nancy, are considering whether FFF shouldbecome a public company (although not listing on the ASX at this stage).Required: Explain to Sid and Nancy the advantages and disadvantages of keeping thecompany as a Pty Ltd company or transforming it into a Ltd company.

NRM Industries Limited (NRM) is a large family-owned, import-export business. NRM was founded in 1972 by three brothers named Virk, who used the initials of their first names. Now, control is about to be passed from the brothers to their children, seven of whom work directly for NRM. Another three children work for companies with whom NRM does business. One, Virk Logistics, manages the warehouses and deliveries for NRM. The Board of Directors is composed of the three brothers plus all ten of their children. As part of estate planning, each brother owns a different company that owns their shares of NRM. When they formed the company, they each took one common share. Later, they reorganized. Each brother traded their one share for 10,000 new shares. Now they are about to reorganize again and go public. Their plan is to trade each10,000 shares for 10,000,000 shares and issue another 20,000,000 shares to the public. NRM has never had an audit. Jasmine Virk, CFO, has approached your audit…

Blakefield, Inc. has grown significantly over the past decade through innovation and acquisition. Information on several of its divisions follows. • The OlliePods division sells children's recreational shoes. The division's president is responsible for all short-run decisions on the manufacturing and sale of the shoes. • The Polyspreen division manufactures the main ingredient for the shoes produced by Olliepods. All Polyspreen output is transferred to the OlliePods division. . All long-run strategic decisions for the Olliepods and Polyspreen divisions are made by the staff at corporate headquarters. Monk Recreation, which operates a regional chain of retail sporting goods stores, is Blakefield's newest corporate acquisition. Blakefield managers have decided to retain all Monk Recreation employees, and all decision-making responsibility related to the sporting goods stores remains with those employees. ● (a) Classify each of the three divisions of Blakefield, Inc. as a cost center, a…

Case Study of Ford and the Global Car Under the label ‘Ford 2000’ the company seeks to transform itself into a global corporation deploying a new ‘philosophy’ of doing business. By 1993, despite being profitable, the world’s second-largest automotive producer engaged on a major programme of development. Ford also recognized itself as part of a complex and intensively competitive sector, not least with issues of oversupply in various markets. The existing business philosophy emphasized the production of cars in the regions where they were to be sold. Yet Ford was engaged in separate development processes in different regions of the world for what were essentially similar products. Moreover, while Ford was well positioned in the USA and Europe it was less well placed in those areas where growth in demand is likely. Moreover, customers are more sophisticated, more demanding and more aware of what is available around the world. The market is increasingly global. The company has merged its…

Do firms need to consider the so-called corporate social responsibilities in making investment decisions? See attached related reading

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Eco Plastics Company has been revolutionizing plastic and trying to do its part to save the environment. Eco’s founder, Marion Cosby, developed a biodegradable plastic that her company is marketing to manufacturing companies throughout the southeastern United States. After operating as a private company for six years, Eco went public in 2009 and is listed on the Nasdaq stock exchange. As the chief financial officer of a young company with lots of investment opportunities, Eco’s CFO closely monitors the firm’s cost of capital. The CFO keeps tabs on each of the individual costs of Eco’s three main financing sources: long-term debt, preferred stock, and common stock. The target capital structure for ECO is given by the weights in the following table: Source of capital weight Long term debt 30 % Preferred stock 20 % Common stock equity 50 % Total 100 %   At the present time, Eco can raise debt by selling 20-year bonds with a $1,000 par value and a 10.5%…

Eco Plastics Company has been revolutionizing plastic and trying to do its part to save the environment. Eco’s founder, Marion Cosby, developed a biodegradable plastic that her company is marketing to manufacturing companies throughout the southeastern United States. After operating as a private company for six years, Eco went public in 2009 and is listed on the Nasdaq stock exchange. As the chief financial officer of a young company with lots of investment opportunities, Eco’s CFO closely monitors the firm’s cost of capital. The CFO keeps tabs on each of the individual costs of Eco’s three main financing sources: long-term debt, preferred stock, and common stock. The target capital structure for ECO is given by the weights in the following table: Source of capital weight Long term debt 30 % Preferred stock 20 % Common stock equity 50 % Total 100 %   At the present time, Eco can raise debt by selling 20-year bonds with a $1,000 par value and a 10.5%…