Paper details: Using the information from Organization Overview you will: Locate 5 funding sources for your project. Describe the project need and proposed program/service to address the need. (2 paragraphs)

(a) Make a distinction between fixed and variable costs of production. Give examples of each. (5 marks) (b) In a perfectly competitive market the average revenue and average cost functions are: AR = K1Q – K2 and AC = K1 – K2 respectively. Q K1, K2 are constants Q is […]

Jenga Engineers and Associates is a firm of engineers and designers. In the year of income 2005 they earned professional fee of Sh.7,500,000 before VAT. Their accounts show the following expenses: Sh. Medical services Accountancy and audit Legal services Design materials Salaries and wages Depreciation 180,000 225,000 300,000 1,600,000 2,410,000 […]

Write brief notes on the following: i) Stamp duty; ( 6 marks) (ii) Tax matters relating to Export Processing Zones. ( 6 marks)

Write brief notes on the following economic concepts: (a) Choice , Scarcity and opportunity cost. (5 marks) (b) Exchange rate. (5 marks) (c ) Producer‟s surplus. (5 marks) (d) Isoquants. (5 marks)

(i) What are the aims of time series analysis? (2 marks) (ii) Describe what a „season‟ is in the context of a time series and give some examples. (2 marks) (iii) Describe the stages in obtaining a time series trend using the method of semi-averages. (2 marks) (iv) Why must […]

(a) State the main sources of monopoly powers. (5 marks) (b) Explain why the marginal revenue curve lies below the average revenue curve in a monopolistic firm (3 marks) (c) Illustrate diagrammatically the output levels for both profit-maximizing and the loss making monopolist firm in the short-run. Give brief explanations. […]

Assume that your proposal to do research has met with success, and you will be paid to do the proposed research project. Commence researching as you were asked to by your employer for the topic you selected. As you do your research, you are asked to: Keep research notes – […]

Your firm is the auditor of Shah Engineering Ltd, and you have been asked to suggest the audit work you will carry out in verifying trade creditors and purchase accruals at the company’s year-end of 31 December 2003. You attended the stock take at the year-end. The Company operates from […]