1.8 Read the scenario below and answer the questions that follow.
IKAMVA LETHU (IL)
Ikamva Lethu was established to offer counselling services for drug addicts and raise
substance abuse awareness at no cost. The management of this company ensures that all
the personal problems of their clients are kept confidential
1.8.1 Identify the form of ownership that is represented by Ikamva Lethu. Motivate your
answer by quoting from the scenario above.
1.8.2 Suggest TWO advantages of the form of ownership identified in QUESTION 1.8.1.
1.9 Advise new entrepreneurs on the characteristics of Co-operatives​

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning

Burke enterprises is considering a machine costing $30 billion that will result in initial after-tax cash savings of $3.7 billion at the end of the first year, and these savings will grow at a rate of 2 percent per year for 11 years. after 11 years, the company can sell the parts for $5 billion. burke has a target debt/equity ratio of 1.2, a beta of 1.79. you estimate that the return on the market is 7.5% and t-bills are currently yielding 2.5%. burke has two issuances of bonds outstanding. the first has 200,000 bonds trading at 98% of par, with coupons of 5%, face of $1000, and maturity of 5 years. the second has 500,000 bonds trading at par, with coupons of 7.5%, face of $1000, and maturity of 12 years. kate, the ceo, usually applies an adjustment factor to the discount rate of +2 for such highly innovative projects. should the company take on the project?

On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has been issued in a prior period at $20.00 per share. on february 1, vermont purchased 3,750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on march 1. the journal entry to record the purchase of the treasury shares on february 1 would include a credit to treasury stock for $90,000 debit to treasury stock for $90,000 credit to a gain account for $112,500 debit to a loss account for $112,500