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Roka College of Accountancy offers three main business courses namely: Finance, Accounting and Economics. A total of 180 students enrolled for the courses.
(Solved)
Roka College of Accountancy offers three main business courses namely: Finance, Accounting and Economics. A total of 180 students enrolled for the courses.
Date posted:
May 28, 2021
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Answers (1)
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Explain the term 'Venn diagram' as used in set theory.
(Solved)
Explain the term 'Venn diagram' as used in set theory.
Date posted:
May 28, 2021
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Answers (1)
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An investor holds a portfolio comprising 3,000,500 and 1,200 shares of stocks A, B and C respectively. The table below shows the closing price per...
(Solved)
An investor holds a portfolio comprising 3,000,500 and 1,200 shares of stocks A, B and C respectively. The table below shows the closing price per share for each of the stocks for a six month period.
Date posted:
May 28, 2021
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Answers (1)
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The table below shows the price relatives of consumer goods in a certain economy and the proportion of total expenditure allocated to the goods for...
(Solved)
The table below shows the price relatives of consumer goods in a certain economy and the proportion of total expenditure allocated to the goods for the years 2008 and 2009.
Date posted:
May 28, 2021
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Answers (1)
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The table below shows the weights and index numbers of business activities in a certain economy.
(Solved)
The table below shows the weights and index numbers of business activities in a certain economy.
Date posted:
May 28, 2021
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Answers (1)
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State 3 reasons why the fishers ideal index is preferable to the other indices.
(Solved)
State 3 reasons why the fishers ideal index is preferable to the other indices.
Date posted:
May 28, 2021
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Answers (1)
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Explain 4 factors that should be considered in the construction of index numbers.
(Solved)
Explain 4 factors that should be considered in the construction of index numbers.
Date posted:
May 28, 2021
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Answers (1)
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The following distribution shows the age of a sample of 500 residents of Maendeleo Town.
(Solved)
The following distribution shows the age of a sample of 500 residents of Maendeleo Town.
Date posted:
May 28, 2021
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Answers (1)
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The table below shows a sample distribution of aged of 500 employees at Galanema Ltd. The mean age of the employees is 42 years.
(Solved)
The table below shows a sample distribution of aged of 500 employees at Galanema Ltd. The mean age of the employees is 42 years.
Date posted:
May 27, 2021
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Answers (1)
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Highlight 3 advantages and 3 disadvantages of using open ended questions in a questionnaire.
(Solved)
Highlight 3 advantages and 3 disadvantages of using open ended questions in a questionnaire.
Date posted:
May 27, 2021
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Answers (1)
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Differentiate between a component bar chart and a multiple bar chart.
(Solved)
Differentiate between a component bar chart and a multiple bar chart.
Date posted:
May 27, 2021
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Answers (1)
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Differentiate between the following terms as used in statistics.
i) Quantitative data and qualitative data
ii) Descriptive statistics and inferential statistics
(Solved)
Differentiate between the following terms as used in statistics.
i) Quantitative data and qualitative data
ii) Descriptive statistics and inferential statistics
Date posted:
May 26, 2021
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Answers (1)
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Highlight 5 reasons why a sample survey is preferred over a census survey.
(Solved)
Highlight 5 reasons why a sample survey is preferred over a census survey.
Date posted:
May 26, 2021
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Answers (1)
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The following data shows the amount of unsecured personal loans in thousands of shillings from a commercial bank.
(Solved)
The following data shows the amount of unsecured personal loans in thousands of shillings from a commercial bank.
Date posted:
May 26, 2021
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Answers (1)
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The following table shows the profit distribution of 150 companies in a given county:
(Solved)
The following table shows the profit distribution of 150 companies in a given county:
Date posted:
May 26, 2021
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Answers (1)
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A salesman earns a fixed monthly basic salary and a commission that is directly proportional to the number of units sold in the month.
(Solved)
Date posted:
May 26, 2021
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Answers (1)
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An estate agent receives commission on the sale of property as follows:
5% on the first sh 100,000 on the sale price
3% on the remainder of...
(Solved)
An estate agent receives commission on the sale of property as follows:
5% on the first sh 100,000 on the sale price
3% on the remainder of the sale price
Required.
The sale price of the property where the agent receives a total commission of sh 391,000.
Date posted:
May 26, 2021
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Answers (1)
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Distinguish between a trade discount and a cash discount.
(Solved)
Distinguish between a trade discount and a cash discount.
Date posted:
May 26, 2021
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Answers (1)
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Mary Mutiso bought a posho mill on hire purchase terms. The cash price of the posho mill is Sh. 1,200,000. The hire purchase terms comprise...
(Solved)
Mary Mutiso bought a posho mill on hire purchase terms. The cash price of the posho mill is Sh. 1,200,000. The hire purchase terms comprise a deposit of 25% of the cash price and 12 equal monthly installments of the balance and interest payable. Simple interest is charged on the principal balance at the rate of 12.5 percent per annum.
Required.
i) The amount of each monthly installment.
ii) The amount of savings (if any) that Mary Mutiso would have made if she had paid a deposit of 45% of the cash price and was charged simple interest of 10% per annum.
Date posted:
May 25, 2021
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Answers (1)
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Mr Yusuf Said purchased a grinding machine at a cost of Sh 513,000. The estimated useful life of the machine is 10 years with an...
(Solved)
Mr Yusuf Said purchased a grinding machine at a cost of Sh 513,000. The estimated useful life of the machine is 10 years with an estimated residual value of sh 10,000.
Required.
i) The annual rate of depreciation using the reducing balance method.
ii) The net book value of the machine at the end of the 4th year.
Date posted:
May 25, 2021
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Answers (1)