- Facilitates phone calls and sending of S.M.S for communication
- Facilitate use of E-mail
- Product promotion through access to internet
- Money transfer services e.g. M-pesa or Zap
- Can access mobile bank services e.g. account status
Kavungya answered the question on April 1, 2019 at 08:34
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Rate of Turnover 3 times
Mark up ...(Solved)
The following information was extracted from the books of Misikhu traders
Rate of Turnover 3 times
Mark up 20%
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Closing stock shs150,000
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(b) Purchases
(c) Sales
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Ayub's capital at the beginning of the trading period was sh.300000. During the year he invested additional capital of sh.26000 in form of cash. He also took sh.40000 in cash and stock valued at sh.25000 from the business for his personal use
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Sales ...(Solved)
The following information refers to tea traders for the year ended 31/12/04
Sales 800,000
Expenses 10,000
Commission received 15,000
Purchases 700,000
Opening stock 250,000
Margin 20%
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Date posted: March 27, 2019. Answers (1)