(d) A firm projects its profit to Ksh. 350 000 for the first month, Ksh. 700 000 for the second month, Ksh. 1 050 000 for the third month and so on. What will be the total projected profit
at the end of 1 ଵ
ସ
years? (3 marks)
(e) (i) A company wants to choose five men and six women to sit in the board. In how many
ways can this be done if the choice is made from seven men and nine women?
(2 marks)
(i) A company has 7 senior and 5 junior officers. An ad hoc legislative committee is to be
formed. In how many ways can a four-officer committee be formed so that it is
composed of at least two senior officers? (3 marks)
(f) A man borrows $5 400 from a bank and agrees to repay it by paying $ 300 per month to
reduce the loan and 1.5% of the unpaid balance each month for the use of the money. What
is the total cost of the loan over 18 months? (3 marks)
(g) Due to reduced taxes, a person has an extra $1,200 in spendable income. If we assume that
the person spends 65% of this on consumer goods, and the producers of these goods in turn
spend 65% on consumer goods, and that this process continues indefinitely. What is the
total amount spent on consumer goods to the nearest dollar? (3 marks)
(e) Find the range of the following:
(i) ݕ ൌ lnሺ2ݔ െ 3ሻ (3 marks)
(ii) ݕൌ݁√௫

Symantec corp., located in cupertino, california, is one of the world's largest producers of security and systems management software. the company's consolidated balance sheets for the 2009 and 2008 fiscal years included the following ($ in thousands): current assets: receivables, less allowances of $21,766 in 2009 and $24,089 in 2008 $ 838,010 $ 758,700 a disclosure note accompanying the financial statements reported the following ($ in thousands): year ended 2009 2008 (in thousands) trade accounts receivable, net: receivables $ 859,776 $ 782,789 less: allowance for doubtful accounts (8,938) (8,990) less: reserve for product returns (12,828) (15,099) trade accounts receivable, net: $ 838,010 $ 758,700 assume that the company reported bad debt expense in 2009 of $2,000 and had products returned for credit totaling $3,230 (sales price). net sales for 2009 were $6,174,800 (all numbers in thousands).required: what is the amount of accounts receivable due from customers at the end of 2009 and 2008? what amount of accounts receivable did symentec write off during 2009? what is the amount of symentec’s gross sales for the 2009 fiscal year? assuming that all sales are made on a credit basis, what is the amount of cash symentec collected from customers during the 2009 fiscal year?

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position

Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments.a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b