Quiz DAFCO Mr. Mwihaki started a business on 1st January 2017. during the first month of trading the
following transactions took place.
Wrote a personal cheque and deposited into the business bank account Sh800,000
Withdrew Sh200,000 from the bank and put it into the cash till.
2nd Jan, Purchased goods by cheque Sh70,000
3rd Jan, Bought furniture for cash Sh25,000
DBMCO
Elijah Timothy
2
Finish attempt
3rd Jan, Bought equipment on credit Sh75,000
4th Jan, Sold goods for cash Sh100,000
Time left 0:41
5th Jan, Bought goods and paid by cheque Sh 200,000
6th Jan, Bought a motor van paying by cheque Sh.210,000
10th Jan, Obtain loan from the bank Sh 500,000
12th Jan, Sold goods on credit Sh75,000
16th Jan, Sold goods payment made by cheque Sh 100,000
16th Jan, Received a cheque from a debtor Sh.60,000
30th Jan, Took Sh10,000 from the cash till personal use.​

The balance sheet contains the following major sections: current assets long-term investments property, plant, and equipment intangible assets other assets current liabilities long-term liabilities contributed capital retained earnings accumulated other comprehensive income required: the following is a list of accounts. using the letters a through j, indicate in which section of the balance sheet each of the accounts would be classified. if an account does not belong under one of the sections listed, select "not under any of the choices" from the classification drop down box. for all accounts, indicate if the account is a contra account or an account that would normally be deducted on the balance sheet by selecting "yes" from the second drop down box, otherwise select "no". account classification contra or deducted (yes/no) 1. cash 2. bonds payable (due in 8 years) 3. machinery 4. deficit 5. unexpired insurance 6. franchise (net) 7. fund to retire preferred stock 8. current portion of mortgage payable 9. accumulated depreciation 10. copyrights 11. investment in held-to-maturity bonds 12. allowance for doubtful accounts 13. notes receivable (due in 3 years) 14. property taxes payable 15. deferred taxes payable 16. additional paid-in capital on preferred stock 17. premium on bonds payable (due in 8 years) 18. work in process 19. common stock, $1 par 20. land 21. treasury stock (at cost) 22. unrealized increase in value of available-for-sale securities

In 2000, campbell soup company launched an ad campaign that showed prepubescent boys offering soup to prepubescent girls. the girls declined because they were concerned about their calorie intake. the boys explained that “lots of campbell’s soups are low in calories,” which made them ok for the girls to eat. the ads were pulled after parents expressed concern. why were parents worried? i

Consider the following information on stocks a, b, c and their returns (in decimals) in each state: state prob. of state a b c boom 20% 0.27 0.22 0.16 good 45% 0.16 0.09 0.07 poor 25% 0.03 0 0.03 bust 10% -0.08 -0.04 -0.02 if your portfolio is invested 25% in a, 40% in b, and 35% in c, what is the standard deviation of the portfolio in percent? answer to two decimals, carry intermediate calcs. to at least four decimals.