Question
Given the following information of RISING_STAR company (unit: 1000 USD) RISING_STAR company was incorporated in the first of June 2020. Money was raised at that
Given the following information of RISING_STAR company (unit: 1000 USD)
RISING_STAR company was incorporated in the first of June 2020. Money was raised at that time with total $1000 which include 30% from bank loan, 30% from corporate bond and the rest from its own money. The company business is selling laptop. Total equipment costs $600. The company has 150 laptops with total value of $300 and $100 in cash.
The maturity of bank loan and corporate bond are 3 years and 5 years respectively. Lending rate is 9% and coupon rate is 12%. Assume the laptops bought at 01/06/2020 are identical and have the same cost. Corporate tax rate is 23%. Duration of the equipment is 5-year.
In the first 6 months of 2021, the company sells all the laptop left in the store from 2020 with the price of $10 each and replenishes 300 new type laptops with the imported price are twice more expensive than the 2020 version. At 30/03/2021, it decides to change from its old store to a new store in Hai Ba Trung road and cost $10 to change. They sell some old equipment for $7 and buy new equipment for this store with $200. The new equipment will be financed 100% from its own money. However, when moving to the new store, it needs to pay a rental fee of $10 monthly while the old store was given to its his business partner and receive $25 of rent.
Using DuPont analysis to analyze the performance of the company.
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