(a) Explain current assets giving two examples.
(b) State two uses of working capital
(c) The state of affairs of Zig stores as at 31st December, 2009 shows the following.
You are required to calculate Zig Stores: Furniture and fittings 30,000 Motor van 164,000 Stocks 76,000 Debtors 50,000 Creditors 60,000 Cash in hand 20,000 Bank overdraft 10,000
(i) current liabilities (ii) current assets (iii) working
(a) Distinguish between Commerce and Industry
(b) (i) Explain three activities involved in industry
(ii) Explain five activities involved in commerce
(a) State five features of a public corporation
(b) list and explain five sources of capital available to a limited liability company
(a) What is mail order business?
(b) list and explain six trends in retailing
Write explanatory notes on the following Stock Exchange terms
(a) Bull (b) Bear (c) Option (d) Backwardation (e) Contango
