1. The following Income Statement relates to the business of Gaba Traders for the period ended 31st December 2017.
Additional information:
I Debtors at 31/12/2017 Shs 3,265,500
II Creditors as at 31/12/2017 Shs 3,912,000
III Take a financial year to be 365 days
Required:
Using the information provided above, compute and interpret each of the following ratios:
a) Gross profit margin
b) Gross profit mark-up
c) Stock turnover
d) Net profit to sales ratio
e) Debtors to sales ratio
f) Creditors to purchases ratio
2. Your community Youth group has purchased a Rice Huller Machine that threshes and packs rice.
a) Prepare regulations for the maintenance of this machine
b) Design a label to be placed on packaging bags for rice
c) Draft policy guidelines to be followed when buying rice from farmers
d) What are the benefits of your business to the community?
4. You have been hired as a Human Resource Manager to improve the performance of the organization.
a) Prepare a newspaper advert for the post of Assistant Human Resource Manger.
b) Draw a programme for recruiting other employees of the organization.
c) Draft motivation policy guidelines for the organization
d) Prepare procedures for disciplining employees.
3. You are involved in the production and packaging of animal and poultry feeds in your town.
a) Prepare a marketing loan for your business
b) Develop guidelines for handling difficult customers in your business
c) Design a market survey questionnaire to obtain information about your potential customers.
d) Prepare a quotation for a customer who has sent an inquiry about your products.
5. B&L Construction Company employs five categories of workers and managers. The respective payment for each category is as follows:
|
Category |
No. of Employees |
Monthly Gross Pay |
|
|
1. |
Cleaners |
4 |
200,000 |
|
2. |
Drivers |
3 |
320,000 |
|
3. |
Machine Operators |
5 |
400,000 |
|
4. |
Technicians |
2 |
3,800,000 |
|
5. |
Managers |
1 |
12,400,000 |
Required: Using the P.A.Y.E tax rates provided below, calculate the amount of P.A.Y.E payable monthly by:
a) each category of employees
b) B & L Construction Company to Uganda Revenue Authority
MONTHLY P.A.Y.E TAX RATES
|
Chargeable Income |
Rate |
|
Below Shs 235,000 |
NIL |
|
Above SHs 235,000 but not exceeding Shs 335,000 |
10% of the amount exceeding Shs 235,000 |
|
Above Shs 335,000 but not exceeding Shs 410,000 |
Shs 10,000 plus 20% of the amount exceeding Shs 335,000 |
|
Above Shs 410,000 |
a) Shs 25,000 plus 30% of the amount exceeding SHs 410,000 |
|
b) Where chargeable income exceeds Shs 10,000,000 an additional 10% charged on the amount by which chargeable income exceeds Shs 10,000,000 |
6. You have established a tree – planting project in your home village.
a) Write an invitation letter to your District Forestry Officer to come and launch the project.
b) Draft a speech you would read at the launch, giving benefits of the project to the community.
c) Explain the strategies you have put in place for the sustainability of the project
d) Develop policy guidelines for promoting gender partnership in the project.