i dont entertain wrong answers.kindly attempt

1. State four elements of the demographic environment that may inuence the operations of a business. (4 marks)

2. Outline four circumstances under which goods may be transported by use of containers. (4 marks)

3. The following information was extracted from the books of Salome Traders: Capital Ksh 1,119,300; Long tenn liabilities Ksh 1,807,000; and current liabilities Ksh 978,700.

Required

(a) Determine Salome Traders Rate of Return on Capital Employed if the business made a net prot of Ksh 438,945. (4 marks)

(b) State the importance of the rate of retum on capital employed. (1 mark)

4. Highlight four indicators of economic growth that may be observed as a country progresses. (4 marks)

5. Chem Chemi Ltd is a new cement manufacturer. Outline four factors that may encourage this company to be established in Athi River town where other cement manufacturers are located despite the obvious competition. (4 marks}

6. Outline three ways through which a partnership may be formed. (3 marks)

7. State four features of land as a factor of production. (4 marks)

8. State the principles of insurance described in the statements given below: (4 marks)

(a) Restoring the insured's nancial position aer suffering loss from an insured risk.

(b) Existence of a very close relationship between the loss suffered and the insured risk.

(c) The insurer taking ownership of the remains of the destroyed property after the insured is duly compensated.

(d) Proof that the insured will suffer direct nancial loss if property is destroyed.

9. Highlight four items that would be included in the measurement of national income using the income approach. (4 marks)