Section 1
- Give four reasons why having a well laid business structure would lead to the success of a business (4mks)
- Name four sources of capital for a partnership (4mks)
- List four factors that influence demand of a product (4mks)
- Name four source documents used in accounting (4mks)
- List four contents included in a catalogue (4mks)
- List four advantages of radio calls as a means of communication/4mks)
- Use a diagram to illustrate five possible channels of distribution of a locally manufactured good (4mks)
- List four functions of a central bank in an economy (4mks)
- List four factors to consider when selecting an office equipment (4mks)
- List four types of life assurance contracts (4mks)
- List five problems associated with output approach as a measure of national income (Smks)
- Mention four causes of balance of payment disequilibrium ( 4mks)
Section 2
Instruction: answer ALL the questions in the foolscaps provided.
- Outline five features of a departmental store(10mks)
- Highlight five importance of a warehouse(10mks)
- Outline five effects of a declining population (10mks)
- Explain five statutory measures that the government may put in place to regulate inflation (10mks)
- The balance sheet below is of Ujenzi
UJENZI HARDWARE
Balance Sheet As at 31/12/2020
Sh. Land & Building 770,000 Motor vehicle 600,000 Furniture 100,000 Stock (goods) 90,000 Stock (stationery) 12,000 Debtors 58,000 Cash in hand 16,000 Prepaid insurance 4,000 1650000 |
Sh. Capital 900,000 Add: net profit 282,000 Loan ICDC 40,0000 Creditors 47,000 Salaries owing 13,000 Bank 8,000 165,9000 |
Determine the following (10mks)
- Working capital
- Return on capital
- Current ratio
- Capital employed
- Borrowed capital
- Quick ratio
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