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The following information relates to Rokito traders for the year ended
(Solved)
The following information relates to Rokito traders for the year ended 31st December 2011.
Fixed Assets 5,000,000
Current assets 650,000
Net Profit 300,000
Current Liabilities 650,000
Sales 2,000,000
Closing stock 100,000
Opening Stock 200,000
Gross Profit Margin was 20%
Calculate
(a)Current ratio
(b)Gross profit mark-up
(c)Rate of stock turnover
(d)Capital employed
Date posted:
September 25, 2019
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Answers (1)
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The document shown was issued by Jimcar traders to Mueni
Outline four circumstances under which the above document may be issued.
(Solved)
The document shown was issued by Jimcar traders to Mueni
Outline four circumstances under which the above document may be issued.
Date posted:
September 25, 2019
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Answers (1)
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Write the following abbreviations in full.
(i)G.D.P
(ii)N.N.P
(iii)G.N.P
(iv)D.P.I
(Solved)
Write the following abbreviations in full.
(i)G.D.P
(ii)N.N.P
(iii)G.N.P
(iv)D.P.I
Date posted:
September 25, 2019
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Answers (1)
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State the books of original entries in which the following documents are used.
(a)Incoming Invoice
(b)Incoming Receipt
(c)Outgoing Credit Note
(d)Outgoing Invoice
(Solved)
State the books of original entries in which the following documents are used.
(a)Incoming Invoice
(b)Incoming Receipt
(c)Outgoing Credit Note
(d)Outgoing Invoice
Date posted:
September 25, 2019
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Answers (1)
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State the type of unemployment to which each of the following statements relate
(Solved)
State the type of unemployment to which each of the following statements relate
Date posted:
September 25, 2019
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Answers (1)
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The diagram below shows a shift of the demand curve of a commodity Y from DoDo to D1D1.
Outline four factors that may have caused the...
(Solved)
The diagram below shows a shift of the demand curve of a commodity Y from DoDo to D1D1.
Outline four factors that may have caused the shift in the demand curve.
Date posted:
September 25, 2019
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Answers (1)
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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
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Answers (1)
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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
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Answers (1)
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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
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Answers (1)
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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
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Answers (1)
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Highlight four emerging issues in communication.
(Solved)
Highlight four emerging issues in communication.
Date posted:
September 13, 2019
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Answers (1)
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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
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Answers (1)
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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
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Answers (1)
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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
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Answers (1)
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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
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Answers (1)
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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
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Answers (1)
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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
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Answers (1)
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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
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Answers (1)
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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
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Answers (1)
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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
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Answers (1)