July 29, 2021

lowest probability that the store will sell

Mia Shillings Department Stores has compiled the following data concerning its daily sales. The sales for each day of the week are normally distributed with the […]
July 29, 2021

Random variable of interest

Mia Shillings Department Stores is planning to open a store in Washington DC. It has asked the Superior Marketing Company (SMC) to do a market study […]
July 29, 2021

Determining whether there is a difference in percentage salary increase

The table below reports the annual net salary amounts for an accountant who began employment with an auditing firm in 1995. In addition, the value of […]
July 29, 2021

Course of action recommendable for SAF

SAF is a manufacturer of military hardware. Shown below is a simplified projected income statement for its small arms division. SAF Small Arms Division Income Statement […]
July 29, 2021

Computing the total VAT payable

Saika Co. Ltd. a manufacturer, purchases raw materials at Sh.1,000,000. The company then incurs conversion costs which are estimated at 40% of material cost. The profit […]
July 29, 2021

value added tax (VAT)

(i) Give a brief definition of value added tax (VAT). ( 2 marks) (ii) Explain in numbered paragraph the case for and against VAT in your […]
July 29, 2021

Terms as used in index numbers

Explain the following terms as used in index numbers: (i) Quantity indices (2 marks) (ii) Base year (2 marks) (iii) Chain index numbers (2 marks) (iv) […]
July 29, 2021

Two alternatives and cost

Susan  has just bought a house on a half acre plot. Her current problem is deciding how to cut the grass. One alternative is to hire […]
July 29, 2021

Assumptions and limitations of the game theory

What are the assumptions and limitations of the game theory?
My Account