-A decrease in the people’s income
-A decrease in the price of the substitute
-An increase in the price of a complementary product.
-Deterioration in terms of sale e.g. Lower Discount.
-Where there is expectation that true price of the product will fall in the near future.
-The introduction of a new but cheaper substitute
Kavungya answered the question on September 25, 2019 at 07:00
-
Classify the following factors of a business as either internal or external business environment.
(Solved)
Classify the following factors of a business as either internal or external business environment.
Date posted:
September 25, 2019
.
Answers (1)
-
Outline four benefits received by a student who finished form four and had done business studies as a subject.
(Solved)
Outline four benefits received by a student who finished form four and had done business studies as a subject.
Date posted:
September 13, 2019
.
Answers (1)
-
The following information relates to Kawira Traders on 31st January 2018:
(Solved)
The following information relates to Kawira Traders on 31st January 2018:
Calculate:
(a) Closing stock.
(b) Rate of stock turnover for the year.
Date posted:
September 13, 2019
.
Answers (1)
-
Outline four expenditure items that are included in the measurement of national income under the expenditure approach.
(Solved)
Outline four expenditure items that are included in the measurement of national income under the expenditure approach.
Date posted:
September 13, 2019
.
Answers (1)
-
Highlight four emerging issues in communication.
(Solved)
Highlight four emerging issues in communication.
Date posted:
September 13, 2019
.
Answers (1)
-
Complete the table below for business A, B, C and D.
(Solved)
Complete the table below for business A, B, C and D.
Date posted:
September 13, 2019
.
Answers (1)
-
Name four source documents which are used to provide information used to make entries in the books of accounts.
(Solved)
Name four source documents which are used to provide information used to make entries in the books of accounts.
Date posted:
September 13, 2019
.
Answers (1)
-
Give four circumstances when pipeline would be more preferred as a means of transport.
(Solved)
Give four circumstances when pipeline would be more preferred as a means of transport.
Date posted:
September 13, 2019
.
Answers (1)
-
State four problems that are usually encountered in the formulation stage of a development plan.
(Solved)
State four problems that are usually encountered in the formulation stage of a development plan.
Date posted:
September 13, 2019
.
Answers (1)
-
Name the international trade documents that relates to each of the following statements.
(Solved)
Name the international trade documents that relates to each of the following statements.
Date posted:
September 13, 2019
.
Answers (1)
-
Outline four factors that would influence the amount of money held by an individual for transaction purpose.
(Solved)
Outline four factors that would influence the amount of money held by an individual for transaction purpose.
Date posted:
September 13, 2019
.
Answers (1)
-
The following balances were extracted from the books of Nakuru Enterprises as at 30th June, 2016.
(Solved)
The following balances were extracted from the books of Nakuru Enterprises as at 30th June, 2016.
Prepare;
i) Nakuru Enterprises profit and loss account for the year ended 30th June 2016.
ii) Nakuru Enterprises Balance sheet as at 30th June 2016.
Date posted:
September 13, 2019
.
Answers (1)
-
Demand for bananas in a certain market has been declining over time.
Explain four factors that may be responsible for this trend.
(Solved)
Demand for bananas in a certain market has been declining over time.
Explain four factors that may be responsible for this trend.
Date posted:
September 13, 2019
.
Answers (1)
-
Explain five ways through which the Central Bank regulates economic activities in the Country.
(Solved)
Explain five ways through which the Central Bank regulates economic activities in the Country.
Date posted:
September 13, 2019
.
Answers (1)
-
On 1st march 2017 Kamau had cash in hand Ksh 7,800 and a bank overdraft of Ksh 24,300.
(Solved)
On 1st march 2017 Kamau had cash in hand Ksh 7,800 and a bank overdraft of Ksh 24,300.During the month, the following transactions took place
March 3 cash sales paid directly into the bankKsh 16,500
4 bought goods for Ksh 15,000 and paid by cheque
6 cash sales Ksh. 50,000
9 received a cheque of ksh 18,000 from Amolo in full settlement of his debt
13 paid insurance premiums of Ksh 16,000 in cash
15 paid Kamotho by cheque Ksh 9,700 in full settlement of his account less 3% cash discount
21 withdrew Ksh 30,000 from bank for office use
24 received a cheque of Ksh23,750 from Rotich in full settlement of his account less 5% cash discount
25 paid wages in cash Ksh 20,000
30 banked all cash except Ksh 3,000
Required: prepare a three column cash book
Date posted:
September 13, 2019
.
Answers (1)
-
The following trial balance was extracted from the books of J.B. Traders as at 31st Dec. 2014.Stock on 31/12/2014 was valued at sh. 13,000Required: Prepare...
(Solved)
The following trial balance was extracted from the books of J.B. Traders as at 31st Dec. 2014.
Stock on 31/12/2014 was valued at sh. 13,000
Required: Prepare a Trading Profit and Loss account for the period ended 31/12/2014
Date posted:
September 5, 2019
.
Answers (1)
-
Luanda Traders had the following balances at 1st Jan 2015 Cash Sh. 180,000 (Dr.) Bank Sh. 67,000 (Cr.) During the month of Jan 2015, the...
(Solved)
Luanda Traders had the following balances at 1st Jan 2015 Cash Sh. 180,000 (Dr.) Bank Sh. 67,000 (Cr.) During the month of Jan 2015, the following transaction took place;
Jan 2 cash sales Sh. 14,500
Jan 6 Mwangi a debtor settled his account of Sh. 45,000 by cheque less 5% cash discount
Jan 8 Sold goods on credit with Sh. 25,000
Jan 14 Paid salaries in cash 50,000
Jan 18 Settled Laboso‘s account of 60,000 by cheque less 3% cash discount.
Jan 21 Received a cheque of 84,000 from Rotich after deducting 10% cash discount
Jan22 Cash purchases paid by cheque sh. 65,000
Jan 24 Cash sales worth 340,000 directly banked Sh. 300,000 cash into the account
Jan 28 Took cash 39,000 for children‘s school fees
Jan 31 Banked all cash except Sh. 36,000
Prepare a dully balanced three column cash book
Date posted:
September 5, 2019
.
Answers (1)
-
Outline three ways through which the competitive environment would positively influence a business enterprise.
(Solved)
Outline three ways through which the competitive environment would positively influence a business enterprise.
Date posted:
September 5, 2019
.
Answers (1)
-
Outline four fiscal measures that are used by government to control inflation.
(Solved)
Outline four fiscal measures that are used by government to control inflation.
Date posted:
September 5, 2019
.
Answers (1)
-
Outline four factors that can hinder timely implementation of a development plan.
(Solved)
Outline four factors that can hinder timely implementation of a development plan.
Date posted:
September 5, 2019
.
Answers (1)