August 26, 2021

The National Metal Works Limited manufactures and retails door and windowframes

The National Metal Works Limited manufactures and retails door and window frames. The company recently dismissed their external auditors. The directors have approached your firm of […]
August 26, 2021

Input-output analysis and Markov analysis

(a) Distinguish between input-output analysis and Markov analysis. (2 marks) (b) A miniature economy has three industries: motor vehicle, electricity and steel. These industries are interdependent., […]
August 26, 2021

Money and money functions

a) Define Money and outline its major functions. (8 marks) b) Explain the various motives of holding money. (6 marks) c) What are the likely effects […]
August 26, 2021

Beta Glassworks Ltd. manufactures bottles for the beverage industry

Beta Glassworks Ltd. manufactures bottles for the beverage industry. The company specializes in producing bottles of three different capacities: 0.2 litre, 0.3 litre and 0.5 litre. […]
August 26, 2021

Gross National Product

The table below represents economic transactions for country XYZ in billions of shillings: Total output Intermediate purchases Agriculture 30 10 Manufacturing 70 45 Services 55 25 […]
August 26, 2021

Important to estimate National Income of a Country

Why is it important to estimate National Income of a Country? What difficulties do economists encounter while carrying out such a task particularly in developing countries?
August 26, 2021

Tax implications of independent transactions

Discuss the tax implications of the following independent transactions: (i) 16% VAT paid on a new factory building constructed on behalf of Wema Ltd. VAT of […]
August 26, 2021

Inspection and monitoring of quality control

Inspection and monitoring of quality control by a firm of auditors involves both inhouse and external procedures. The internal procedures include the post-audit review, sometimes known […]
August 25, 2021

The project network, critical path and expected project duration

Interlink Services Ltd. (ISL) are in the process of introducing a new service. The technical services manager has listed following activities, their predecessors and associated costs: […]
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