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- Ideal location where goods are produced in greater quantity to be used later.
- Suitable building which is large enough and appropriate to store goods of different kinds
more safely
- Should be well equipped with necessary facilities to store goods for a longer period
- Should have well trained and efficient staff to ensure that goods are protected against losses
and damages
- Good transport system to enhance movement to and from the warehouse
- Should have appropriate protection measures to elleviate losses, damages and other
calamities.
sharon kalunda answered the question on March 4, 2019 at 13:08
- Advertising media refers to the means used to convey the sales message to the customers /
users of any given product. Explain any five.(Solved)
Advertising media refers to the means used to convey the sales message to the customers /
users of any given product. Explain any five.
Date posted: March 4, 2019. Answers (1)
- State any four advantages of a wholesaler to a consumer(Solved)
State any four advantages of a wholesaler to a consumer
Date posted: March 4, 2019. Answers (1)
- Why would an exporter prefer to use container services as a method of transport?(Solved)
Why would an exporter prefer to use container services as a method of transport?
Date posted: March 4, 2019. Answers (1)
- State any four after sales services business firm selling electronic goods sets can offer to the customers(Solved)
State any four after sales services business firm selling electronic goods sets can offer to the customers
Date posted: March 4, 2019. Answers (1)
- Give four reasons why the budget is an important government tool of control to the economy(Solved)
Give four reasons why the budget is an important government tool of control to the economy
Date posted: March 4, 2019. Answers (1)
- Differentiate between Balance of trade and Balance of payments(Solved)
Differentiate between Balance of trade and Balance of payments
Date posted: March 4, 2019. Answers (1)
- In the recent past many countries have adopted trade liberalization as the way forward to
development. Highlight any four adverse effects that such nations may experience...(Solved)
In the recent past many countries have adopted trade liberalization as the way forward to
development. Highlight any four adverse effects that such nations may experience due
to liberalization
Date posted: March 4, 2019. Answers (1)
- List four methods used by the central bank of Kenya in credit control(Solved)
List four methods used by the central bank of Kenya in credit control
Date posted: March 4, 2019. Answers (1)
- Name four characteristics that should be posed by goods in order for them to be described
as wealth.(Solved)
Name four characteristics that should be posed by goods in order for them to be described
as wealth.
Date posted: March 4, 2019. Answers (1)
- Give four reasons why most organization prefer oral interviews whenever they are
recruiting new employees/staff.(Solved)
Give four reasons why most organization prefer oral interviews whenever they are
recruiting new employees/staff.
Date posted: March 4, 2019. Answers (1)
- The law of demand states that ‘Other things being equal, a fall in price will lead to an
increase in quantity demanded .’Highlight any Four circumstances...(Solved)
The law of demand states that ‘Other things being equal, a fall in price will lead to an
increase in quantity demanded .’Highlight any Four circumstances under which this
law may not hold.
Date posted: March 4, 2019. Answers (1)
- In the spaces provided below indicate the level of production that relates to each of the
following activities
Activity ...(Solved)
In the spaces provided below indicate the level of production that relates to each of the
following activities
Activity Level of production
Selling goods in a shop __________________________________
Fishing from a river __________________________________
Growing maize __________________________________
Making leather belts __________________________________
Date posted: March 4, 2019. Answers (1)
- State any four benefits accruing as a result of SmithKline Beecham merging with Glaxowellcome(Solved)
State any four benefits accruing as a result of SmithKline Beecham merging with Glaxowellcome
Date posted: March 4, 2019. Answers (1)
- The government of Kenya has been adopting the policy of privatisation of firms.
Discuss some of the benefits that the Kenyan people reap from this policy.(Solved)
The government of Kenya has been adopting the policy of privatisation of firms.
Discuss some of the benefits that the Kenyan people reap from this policy.
Date posted: March 4, 2019. Answers (1)
- Odhiambo’s publishing company recently joined the Nairobi stock exchange.
Describe five benefits(Solved)
Odhiambo’s publishing company recently joined the Nairobi stock exchange.
Describe five benefits
Date posted: March 4, 2019. Answers (1)
- Opportunities exist for purchasing of necessary durable goods by instalment
(a) Describe two methods commonly used for this purpose
(b) Mention three advantages of each to:
(i)...(Solved)
Opportunities exist for purchasing of necessary durable goods by instalment
(a) Describe two methods commonly used for this purpose
(b) Mention three advantages of each to:
(i) Manufacturers
(ii) Consumers
(c) Give any two differences of the two methods
Date posted: March 4, 2019. Answers (1)
- Explain five diseconomies that may be suffered by firms due to large scale production.(Solved)
Explain five diseconomies that may be suffered by firms due to large scale production.
Date posted: March 4, 2019. Answers (1)
- The following balance were extracted from the books of Charles & Sons Co.
as at May 31st 2002 .
Capital ...(Solved)
The following balance were extracted from the books of Charles & Sons Co.
as at May 31st 2002 .
Capital 600,000
Net profit 130,000
Plant fixtures 160,000
Equipment’s 100,000
Buildings 240,000
Office furniture 10,000
Stock 192,000
Cash 118,000
Debtors 158,000
Pre-paid expenses 22,000
Creditors 130,000
Outstanding expenses 20,000
Bank overdraft 110,000
Required :
(i) Prepare a balance sheet as at 31st may 2002
(ii) Calculate
(a) Working capital
(b) Current ratio
(c) Net profit as percentage to capital
Date posted: March 4, 2019. Answers (1)
- The sales from Mambo stores for the year 1999 was Ksh 99,000. Given that goods are
usually sold at a margin of 20%, what was the...(Solved)
The sales from Mambo stores for the year 1999 was Ksh 99,000. Given that goods are
usually sold at a margin of 20%, what was the gross profit for the year.
Date posted: March 4, 2019. Answers (1)
- Enter the following transaction into a cash book and balance it as at 20th March 1995.
March 2nd started business with Kshs. 28,000 of which Kshs....(Solved)
Enter the following transaction into a cash book and balance it as at 20th March 1995.
March 2nd started business with Kshs. 28,000 of which Kshs. 8000 was banked .
March 4. Bought stock from Nekesa worth Kshs 2000 and paid by cheque.
March 6. Paid wages in cash Ksh 4000.
March 10.Received a cheque for Kshs. 3000 from a debtor
March 20. Deposited cash in bank from cash till Kshs. 3000.
Date posted: March 4, 2019. Answers (1)