Question: VOX cinema is a reputed multiplex cinema operator in OMAN. Currently they have 15 screens at 20 different locations across the country. Everyone knows that
VOX cinema is a reputed multiplex cinema operator in OMAN. Currently they have 15 screens at 20 different locations across the country. Everyone knows that most of the people spending their incomes for the entertainment and leisure purpose, two years before the company had decided to increase the number of screens, compare to the previous screen numbers and they are planning to provide enhanced customer service with international quality standards. They have a plan to offer the new initial public offer of the equity shares thru which they increase their business capital. This issue of shares were fully paid and subscribed. After the issues of new public offer they raised their capital and their sales also more so that they earned lump sum profit in the subsequent years. Due to huge profit they are distributed huge dividends to their shareholders.
Read carefully the above case and answer the Following Questions:
(a). Examine the different types of financial decisions taken by the VOX cinema? How they raise their capital? Explain in detail? (5 Marks)
(b). whether the VOX cinema achieve their primary objective or not? Justify your answer with proper explanations? (3 Marks)
(c). Summarize the fact of this case; suggest a suitable type of bank where they can raise the fund to develop their business into the next leve (2 Marks)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
