-Enables management to make decisions.
-Creditors to assess credit worthiness of a firm/ability to repay a loan/meet their claims.
-Investors used to assess a viable investment/attract investors.
-Enables Government to calculate tax payable/determine the tax to pay.
-Use to assess business growth.
-Use for comparison purposes.
-Used to source external funding.
monica20 answered the question on October 14, 2017 at 10:02
-
Outline four circumstances under which a firm may be located near the source of its raw materials.
(Solved)
Outline four circumstances under which a firm may be located near the source of its raw materials.
Date posted:
October 14, 2017
.
Answers (1)
-
Highlight four ways in which a government can promote a business enterprise.
(Solved)
Highlight four ways in which a government can promote a business enterprise.
Date posted:
October 14, 2017
.
Answers (1)
-
State four reasons why the radio is an important tool in product promotion.
(Solved)
State four reasons why the radio is an important tool in product promotion.
Date posted:
October 14, 2017
.
Answers (1)
-
Give four advantages of using credit cards.
(Solved)
Give four advantages of using credit cards.
Date posted:
October 14, 2017
.
Answers (1)
-
State four types of unemployment.
(Solved)
State four types of unemployment.
Date posted:
October 14, 2017
.
Answers (1)
-
State four roles of Nairobi Securities Exchange.(N.S.E)
(Solved)
State four roles of Nairobi Securities Exchange.(N.S.E)
Date posted:
October 14, 2017
.
Answers (1)
-
State four features of an itinerant trader.
(Solved)
State four features of an itinerant trader.
Date posted:
October 14, 2017
.
Answers (1)
-
State four factors that gives rise to a monopoly.
(Solved)
State four factors that gives rise to a monopoly.
Date posted:
October 14, 2017
.
Answers (1)
-
Identify four methods of reproducing documents in an office.
(Solved)
Identify four methods of reproducing documents in an office.
Date posted:
October 14, 2017
.
Answers (1)
-
State four reasons why it is important to conserve the Mau Escarpment.
(Solved)
State four reasons why it is important to conserve the Mau Escarpment.
Date posted:
October 14, 2017
.
Answers (1)
-
State four factors that will lead to an increase in National Income of a country.
(Solved)
State four factors that will lead to an increase in National Income of a country.
Date posted:
October 14, 2017
.
Answers (1)
-
State four reasons why the government cannot be delinked from business activities
(Solved)
State four reasons why the government cannot be delinked from business activities
Date posted:
October 14, 2017
.
Answers (1)
-
State four challenges that small enterprises face in their activities.
(Solved)
State four challenges that small enterprises face in their activities.
Date posted:
October 14, 2017
.
Answers (1)
-
Outline four characteristics of goods.
(Solved)
Outline four characteristics of goods.
Date posted:
October 14, 2017
.
Answers (1)
-
Give four reasons why a farmer would prefer to transport a herd of cattle by rail rather than by road.
(Solved)
Give four reasons why a farmer would prefer to transport a herd of cattle by rail rather than by road.
Date posted:
October 14, 2017
.
Answers (1)
-
Outline four various policies available under marine insurance.
(Solved)
Outline four various policies available under marine insurance.
Date posted:
October 14, 2017
.
Answers (1)
-
Highlight four challenges associated with high population growth rate in a developing country like
Kenya.
(Solved)
Highlight four challenges associated with high population growth rate in a developing country like
Kenya.
Date posted:
October 14, 2017
.
Answers (1)
-
Explain any internal economies of scale that may be experienced by a firm.
(Solved)
Explain any internal economies of scale that may be experienced by a firm.
Date posted:
October 14, 2017
.
Answers (1)
-
Highlight four social responsibilities of a business to its customers.
(Solved)
Highlight four social responsibilities of a business to its customers.
Date posted:
October 14, 2017
.
Answers (1)
-
Outline four problems encountered in calculating National income using income approach.
(Solved)
Outline four problems encountered in calculating National income using income approach.
Date posted:
October 14, 2017
.
Answers (1)