.Increase in sales volume
-Higher profit margins are realized
-goods can be repossessed if the buyer defaults payment
-ownership of the goods is retained until the payments is completed
john3 answered the question on October 1, 2017 at 14:39
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Highlight four factors that may influence supply positively.
(Solved)
Highlight four factors that may influence supply positively.
Date posted:
October 1, 2017
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Answers (1)
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Outline four differences between perfect competition and monopoly
(Solved)
Outline four differences between perfect competition and monopoly
Date posted:
October 1, 2017
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Answers (1)
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Highlight four measures that can be taken to control the volume of imports.
(Solved)
Highlight four measures that can be taken to control the volume of imports.
Date posted:
October 1, 2017
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Answers (1)
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State four benefits that consumers get from warehousing.
(Solved)
State four benefits that consumers get from warehousing.
Date posted:
October 1, 2017
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Answers (1)
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Outline any four limitations of social responsibility to a business.
(Solved)
Outline any four limitations of social responsibility to a business.
Date posted:
October 1, 2017
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Answers (1)
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State four benefits that a company would get by raising capital through sale of ordinary shares
(Solved)
State four benefits that a company would get by raising capital through sale of ordinary shares
Date posted:
October 1, 2017
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Answers (1)
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Outline four factors to consider when introducing a new product in the market
(Solved)
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.
(i)During the year,proprietor surrendered his private car valued at sh.400000 to the business
(ii)During the year ,the proprietor had taken goods worth sh 13500 per month for his own use
(iii)The business made a profit of sh 102,000
Calculate the owner’s equity at the end of the year.
Date posted:
October 1, 2017
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Answers (1)
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Highlight four circumstances under which it would be advisable for a trader to sell goods directly to the consumers
(Solved)
Highlight four circumstances under which it would be advisable for a trader to sell goods directly to the consumers
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)
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 was to be met within 1,2 or 3 months respectively .Calculate the amount paid if the payment was made on 16th July 201
Date posted:
October 1, 2017
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Answers (1)
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Highlight four reasons why there is need for ethical practices in business
(Solved)
Highlight four reasons why there is need for ethical practices in business
Date posted:
October 1, 2017
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Answers (1)
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Highlight four features of life-insurance cover
(Solved)
Highlight four features of life-insurance cover
Date posted:
October 1, 2017
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Answers (1)
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Highlight four factors that make a healthy business environment
(Solved)
Highlight four factors that make a healthy business environment
Date posted:
October 1, 2017
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Answers (1)
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State four reasons why credit cards are becoming more popular in Kenya today
(Solved)
State four reasons why credit cards are becoming more popular in Kenya today
Date posted:
October 1, 2017
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Answers (1)
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Outline four ways of improving the efficiency of a warehouse
(Solved)
Outline four ways of improving the efficiency of a warehouse
Date posted:
October 1, 2017
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Answers (1)
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Highlight circumstances under which downward communication may become appropriate in an organization.
(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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Draw channels of distribution for imported vehicles
(Solved)
Draw channels of distribution for imported vehicles
Date posted:
October 1, 2017
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Answers (1)
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Explain the features of a perfectly competitive market structure
(Solved)
Explain the features of a perfectly competitive market structure
Date posted:
October 1, 2017
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Answers (1)
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Give the basic features of a market.
(Solved)
Give the basic features of a market.
Date posted:
October 1, 2017
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Answers (1)
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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
i) Credit purchase of sh.78,000 was recorded as sh.
87,000 in both purchases and creditors accounts.
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
account and credited in the salary expense account.
iv) Repair of motor vehicle sh. 5000 was recorded in the
motor vehicle account.
Date posted:
October 1, 2017
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Answers (1)