- It acquires permanent capital as ordinary shares are not redeemable
- It is not obliged to pay dividends, thus no pressure from shareholders
- Ploughing back is possible instead of distributing the profits
- Ordinary shareholders are paid last in case the company is winding up
gideon1 answered the question on October 1, 2017 at 14:32
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Outline four factors to consider when introducing a new product in the market
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Outline four factors to consider when introducing a new product in the market
Date posted:
October 1, 2017
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Answers (1)
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Nyotandogo Traders had an initial capital of Ksh.160,000. At the end of the year the following date was provided. (i)During the year,proprietor surrendered his...
(Solved)
Nyotandogo Traders had an initial capital of Ksh.160,000. At the end of the year the following date was provided.
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Date posted:
October 1, 2017
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Answers (1)
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Date posted:
October 1, 2017
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Answers (1)
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On 22nd April 2014 ,Moses received an invoice for sh 400,000.Terms of payment were trade discount 2% and cash discount 5%,3% and 1% .If payment...
(Solved)
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Date posted:
October 1, 2017
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Date posted:
October 1, 2017
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October 1, 2017
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October 1, 2017
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Date posted:
October 1, 2017
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Date posted:
October 1, 2017
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(Solved)
Highlight circumstances under which downward communication may become appropriate in an organization.
Date posted:
October 1, 2017
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Answers (1)
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Date posted:
October 1, 2017
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Answers (1)
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Date posted:
October 1, 2017
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Answers (1)
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Date posted:
October 1, 2017
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Identify the type of error described below.Description Type (i) Credit purchase of sh.78,000 was recorded as sh.87,000 in both purchases and creditors accounts. (ii) Sale of goods...
(Solved)
Identify the type of error described below.
Description Type
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ii) Sale of goods on credit to Ntari sh. 18,000 was
debited in Ntati’s account
iii) Payment of salary sh.13,500 was debtited in the cash
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Date posted:
October 1, 2017
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Answers (1)
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Description Type (i) Arises when people are physically challenged (ii) Arises out of mismatch between the skills possessed by potential employees and the job opportunities available (iii) Caused by alternating trade patterns occurring...
(Solved)
Description Type
i) Arises when people are physically
challenged
ii) Arises out of mismatch between
the skills possessed by potential
employees and the job
opportunities available
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over the years
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Date posted:
October 1, 2017
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Answers (1)
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Identify the insurance terms described below.Description Term (i) To transfer ownership of life policy to another person (ii) Insuring same subject for the same risk with more than one insurance...
(Solved)
Identify the insurance terms described below.
Description Term
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Date posted:
October 1, 2017
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Answers (1)
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The government has risen the retirement age of civil servants from 55 years to 60 years. Highlight
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(Solved)
The government has risen the retirement age of civil servants from 55 years to 60 years. Highlight
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Date posted:
October 1, 2017
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Answers (1)
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(Solved)
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Date posted:
October 1, 2017
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Answers (1)
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Highlight four measures that may be taken by a country to correct balance of payment deficit.
(Solved)
Highlight four measures that may be taken by a country to correct balance of payment deficit.
Date posted:
October 1, 2017
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Answers (1)
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State the term that is used for each of the following statements (a) A situation where the government has borrowed internally at high interest rates...
(Solved)
State the term that is used for each of the following statements
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any time
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Date posted:
October 1, 2017
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Answers (1)