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The Company DA VINCI, SA Has annual sales of $25 million with a cost of sales of 45% of sales. It also has administrative expenses
The Company DA VINCI, SA Has annual sales of $25 million with a cost of sales of 45% of sales. It also has administrative expenses for $2.1 million, depreciation of fixed assets for a value of $225 thousand. It has a debt in the Multiplier Bank of $5 million of which it pays an annual interest of 6%. This affects: 25% tax rate, legal reserve and has a 70% dividend policy. It has issued preference shares for a value of $5 million which pays an annual interest of 4%. A bond issue for $25 million has been issued, which pays an interest rate of 4.25%. It has 100 thousand shares with a value of $100 each.
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