AC/Refrigerator Paper 2 WASSCE (SC), 2019

Question 5

a.    State four factors that affects the rate of turnover in an airconditioning and refrigeration business.
b.    Explain the term retained earnings.
c.    The value of a window air conditioner in 2004 was N 40,000. Calculate the value of the air conditioner after it has been used for five years, if it depreciated at 5% annually.

 

Observation