Read the case study and answer the questions that follow: DREAMIT ELECTRONICS LTD: PROJECTIONS FOR 2024 AND 2025 After posting excellent sales and net profit in the previous year Dreamit Electronics Ltd set its sights on growth and innovation as it celebrated its 10th anniversary in 2023. It has continually strived to become the leader in the electronics industry in South Africa. The company is also committed to being a good corporate citizen, as it strives to fulfil both its economic and social responsibilities. The following reflects the financial position of th
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- After posting excellent sales and net profit in the previous year Dreamit Electronics Ltd set its sights on growth and innovationas it celebrated its 10th anniversary in 2023. It has continually strived to become the leader in the electronics industry in SouthAfrica. The company is also committed to being a good corporate citizen, as it strives to fulfil both its economic and socialresponsibilities.The following reflects the financial position of the company on 31 December 2023:The carrying value of the fixed assets was R30 000 000 whilst the current assets comprised inventory of R9 400 000, accountsreceivable of R8 000 000 and cash of R1 600 000. The equity consisted of ordinary share capital, R17 000 000, and retainedearnings of R6 400 000. An amount of R22 000 000 was owed to Mesa Bank for a long-term loan. Trade creditors were owedR3 600 000.The following projections and proposals were made by Dreamit Electronics Ltd for 2024:The sales are expected to increase from R30 000 000 in…After posting excellent sales and net profit in the previous year Dreamit Electronics Ltd set its sights on growth and innovationas it celebrated its 10th anniversary in 2023. It has continually strived to become the leader in the electronics industry in SouthAfrica. The company is also committed to being a good corporate citizen, as it strives to fulfil both its economic and socialresponsibilities.The following reflects the financial position of the company on 31 December 2023:The carrying value of the fixed assets was R30 000 000 whilst the current assets comprised inventory of R9 400 000, accountsreceivable of R8 000 000 and cash of R1 600 000. The equity consisted of ordinary share capital, R17 000 000, and retainedearnings of R6 400 000. An amount of R22 000 000 was owed to Mesa Bank for a long-term loan. Trade creditors were owedR3 600 000.The following projections and proposals were made by Dreamit Electronics Ltd for 2024:The sales are expected to increase from R30 000 000 in…After posting excellent sales and net profit in the previous year Dreamit Electronics Ltd set its sights on growth and innovationas it celebrated its 10th anniversary in 2023. It has continually strived to become the leader in the electronics industry in SouthAfrica. The company is also committed to being a good corporate citizen, as it strives to fulfil both its economic and socialresponsibilities.The following reflects the financial position of the company on 31 December 2023:The carrying value of the fixed assets was R30 000 000 whilst the current assets comprised inventory of R9 400 000, accountsreceivable of R8 000 000 and cash of R1 600 000. The equity consisted of ordinary share capital, R17 000 000, and retainedearnings of R6 400 000. An amount of R22 000 000 was owed to Mesa Bank for a long-term loan. Trade creditors were owedR3 600 000.The following projections and proposals were made by Dreamit Electronics Ltd for 2024:The sales are expected to increase from R30 000 000 in…
- NoneMAGIC ELECTRONICS LTD: PROJECTIONS FOR 2024 AND 2025 After posting excellent sales and net profit in the previous year Magic Electronics Ltd set its sights on growth and innovation as it celebrated its 10th anniversary in 2023. It has continually strived to become the leader in the electronics industry. The company is also committed to being a good corporate citizen, as it strives to fulfil both its economic and social responsibilities. The following reflects the financial position of the company on 31 December 2023: The carrying value of the fixed assets was R30 000 000 whilst the current assets comprised inventory of R9 400 000, accounts receivable of R8 000 000 and cash of R1 600 000. The equity consisted of ordinary share capital, R17 000 000, and retained earnings of R6 400 000. An amount of R22 000 000 was owed to Ambi Bank for a long-term loan. Trade creditors were owed R3 600 000. The following projections and proposals were made by Magic Electronics Ltd for 2024: The sales…Please correct answer and don't use hand rating
- At a recent board meeting of Vodafone, the sales director said that the company is doing so well now given the £2.6billion pounds profit in 2022 that the primary focus of the company must be maximization of profits.Critically discuss if this should be a long-term goal for Vodafone and what other objectives might be important.How have the competitive, global, technological, andeconomic environments helped KlipTech to become asuccessful small business? Which of the above environments might pose the most challenges in the next fewyears, and why?Identify the type of business strategy of The Boeing Company, mention below how its business strategy has improved the competitive advantage and describe five important opportunities for your future firm and describe also five threats, here opportunities and threats are related to competition, new products, new services, economic conditions, consumer preferences, costs, and international trade. Elaborate properly for each giving the fundamental reasons, find the relationship when you calculate the latest Sustainable Growth Rate or "g". \table[[Threats/Opportunities, "g" Calculation, Relationship,], [,, Reason,]] You must visit the SEC1OK of your firm and read the sections, business description and business environment, financial statements, and management discussions, and also NOTES to the consolidated financial statements.
- Based on the following information prepare the Pro Forma Statement of Financial Position as at 31 December 2024. (Ignore the investment opportunity for 2025.) Please include detailed steps and explain what it means to ignore the investment opportunity. STELLIES ELECTRONICS LTD: PROJECTIONS FOR 2024 AND 2025 After posting excellent sales and net profit in the previous year Stellies Electronics Ltd set its sights on growth and innovation as it celebrated its 10th anniversary in 2023. It has continually strived to become the leader in the electronics industry. The company is also committed to being a good corporate citizen, as it strives to fulfil both its economic and social responsibilities. The following reflects the financial position of the company on 31 December 2023: The carrying value of the fixed assets was R30 000 000 whilst the current assets comprised inventory of R9 400 000, accounts receivable of R8 000 000 and cash of R1 600 000. The equity consisted of ordinary share…Background Hyde Park Technologies Pty Ltd (HPT), a medium-sized enterprise with a turnover of $100 million per year is considering the purchase of an ERP system. As they have an urgent need to update their accounting system, they plan on purchasing an ERP financial module as the first step and then over time, they plan on integrating this module as part of a larger ERP rollout through the company. Eileen Dover, the CEO of HPT recently issued a request for proposal (RFP) to a number of ERP vendors. To assist the vendors in the preparation of their responses, Eileen has provided the following information: . HPT was founded by Eileen's father (Hans Dover) in 1986. Even though Hans is now in his 70s, he still plays an important figurehead role in the company and will have influence in the choice of vendor. Eileen has emphasised that whilst the presentation materials be to a high professional standard, it is imperative that they clearly and simply articulate the "Hansefits" of the new…The specific financial aspects to be considered with your analysis are:• Profit Margin• Total Owners' Equity.• Current Ratio.• Return on Equity.• Debt Equity Ratio.• Earnings per Share.