Mifananidzo yeChinhu chakanakidzwa
Kufanana nemugove wakawanda, sarudzo dzakasarudzwa dzezvikwata hazvirevi mutero-dzinoderedza. Izvo chete chikamu mumutengo wekuverengwa kukuru kunobhadhara mutero-deductible mubereko chikwereti.
Vakasarudza vatengesi havafaniri kubhadharwa zvikamu, asi firimu inowanzobhadhara. Kana vasina kudaro, havakwanisi kubhadhara chikwereti kune avo vanogovera zvikwereti uye iyo yakaipa chiratidzo chemari chekambani kutumira.
Kuenzanisa Kwezvinodhura Zvesarudzwa
Kana sarudzo yakasarudzwa isati yakataura zuva rokukura, heino chirevo chekuverenga iyo mari yezvikamu zvezvikwata zvakasarudzwa:
Mari inosarudzwa Inoshandiswa = Kugoverwa paKunoshandiswa / Mutengo Wakafadzwa / 1-Kugoverwa Mari dzinoshandiswa apo Mutengo wezvakakosheswa ndiyo kukosha kwemahoteri ikozvino uye mari yekufambisa ndiyo mari yekunyora pasi yekubhadhara kweiyo sarudzo yakasarudzwa inonzi sezana. Kazhinji, mari inoshandiswa pamatokari inoshandiswa ichave yakakwirira kudarika chikwereti chekwereti sechikwereti ichionekwa sechinodhaka chezvinhu zvinotengesa mari . Kana ikambani inoshandisa pfuma inoshandiswa semugove wekubhadhara mari, zvino inofanira kusanganisira mari yezviyo zvakasarudzwa muhuwandu hwemari yakawanda yehuwandu hwemari.
Nzvimbo dzakawanda dzinoshandiswa dzinoshandiswa nedzimwe makambani panzvimbo pevanhu. Kana kambani inobata tsvina yakasarudzwa, inobvumirwa kusabvisa 70% yezvikamu kubva kune yakasarudzwa kubva kumitero, saka izvi chaizvoizvo zvinowedzera mushure mokubhadhara mutero. kuti isabvisa 70% yezvikamu kubva kune yakasarudzwa kubva pamitero, naizvozvo izvi chaizvoizvo zvinowedzera mushure mokubhadhara mutero.
Weighted Cost of Capital
Ivhareji inorema mari inoshandiswa yemari inowanikwa muhodha yekodzero iyo kambani inofanira kubhadhara kuti iwane mari yayo. Sezvo zvakadaro, ihwowo huwandu huwandu huwandu hwehuwandu hwekudzorera hunofanirwa kuwana pane zvayo zvemazuva ano kugutsa vashandi vayo kana vadzidzisi, varairi vayo, nevatengi vavo.
Kuwedzerwa kwemareji yevheji mari inoshandiswa kubva kune bhizinesi rezvemabhizimisi sangano guru uye rinoumbwa kune rimwe chete chitubu chekubhadhara kwebhizimisi rebhizimisi ; somuenzaniso, kambani inogona kushandisa zvose zvikwereti mari uye kubhadhara mari . Mutengo wemari ndiyo pfungwa yakawanda uye inongova iyo iyo iyo inopa mari yekubhadhara mabasa ayo pasina kunyatsotaura nezvekuumbwa kwematongerwo emari (chikwereti uye kuenzana).
Mamwe mabhizimisi mashomanana chete anoshandisa chikwereti mari yekuita mabasa avo. Zvimwe zvidzidzo zviduku zvinoshandisa kushandisa mari yekuenzanisa , kunyanya kana dzakabhadharwa nevatengesi vemari vakadai sevashandi vemari. Sezvo mapeji aya maduku ari kukura, zvingangove kuti ivo vachashandisa kusanganiswa kwekwereti uye mari yekuenzanisa.
Chikwereti uye kuenzanisa kunoumba chimiro chikuru chekambani, pamwe chete nedzimwe nhoroondo dziri kurudyi-rutivi rwekodhi yemari yefirati yakafanana neyakasarudza mashizha. Sezvo makambani emabhizimisi ari kukura, vanogona kuwana mari kubva kune zvikwereti kubva kune zvikwereti, zvinowanzobatanidzwa (zvakachengetwa kuwanikwa kana itsva inowanikwa) nzvimbo, uye kunyange inoshandiswa zviwanikwa zvezvitoro.