managerial finance and management accounting

QUESTION 1 inconse statement for the year ended December 31,2022 b as follows: Delta 18 considering changing to a new production process in 2023 from manufacturing the grinders. Highily automated and capital intensve, the new process will double fored costs to N$400000 but wil dectease var ibble costs to NSA per unit, if the new equipment is tinanced with bonds, interest wilt increase by N570 000; if it is financed by shares, total stock outstanding will increase by 20000 shares. quESTION 2 Wharengotery) Ltd, thereafter ohorongo) is Namibla's anly cement-producing compary and owns one of the most modern cement plants in Africa, It was constructed over the course of two years by leading international enginenting company Polysius, with local companies involved in the provisian of infrastructure-and the building of civil works, at a total initial invertment of N\$2.5 bilion. Since then, the company invented further into a composite cement plant and a third packating line, and a new depot in Ondangwaj, bringing the total investment capacity in excesis of a million tonneh of high-qualisy cement annually, for both local consumption and special projects, All raw nuterials required for the production process are squrced in Namibia and the entire valua chain takes place within the country, which rrabes Ororsngo products a 100 s proudly Narnibian product. Ohorongo has an equity beti of 110 (pased on similar listed company atter makink dil nectesary adjustmonts) the markat risk premium in Nemibis is expected to be 5 fit and the vleld on the Namithian goveratsent bonds has: of 12% and they are redeemable in five vears, The tax rate is 28% intetest on the bonds is paid anfualivin arrears and the company just paid the coupon for the current year, Heceath, Dhoropgo paid dividend of NSo 12 per shate which is expected to grow at 7% indefinitely. The comoaw's share price is N52. 30