Questions
You are provided with an extract from the notes to the financial statements No. 14 (Property,...

You are provided with an extract from the notes to the financial statements No. 14 (Property, plant, and equipment) for BOC Kenya Limited 2016 annual report.

2016

Land & Buildings

Plant & Machinery

Motor vehicles

Cylinders

Furniture & equipment

Capital

Total

Cost

At 1 January, 2016

113,169

515,260

207,760

729,356

51,168

32,549

1,649,262

Transfers

             -

              -

   31,482

     1,067

           -

(32,549)

                 -

Reallocation

         300

              -

               -

            -

           -

             -

           300

Additions

              -

   24,362

    13,329

   19,373

     4,837

14,830

      76,731

Assets removed

               -

               -

    (45,638)

              -

            -

             -

    (45,638)

Disposals

               -

               -

       (1400)

     (5,342)

              -

               -

       (6,742)

At 31 Dec, 2016

113,469

539,622

205,533

744,454

56,005

14,830

1,673,913

Depreciation

At 1 Jan. 2016

(56,094)

(407,697)

(108,726)

(333,853)

(43,797)

             -

(950,167

Reallocation

         (300)

    35,097

   (35,097)

                -

               -

              -

          (300)

Charge for the year

    (2,944)

    (21,096)

   (11,660)

   (24,810)

     (3,314)

               -

     (63,824)

Assets removed

                -

               -

     45,638

                 -

                 -

               -

        45,638

Disposals

                 -

                -

         1,400

       2,886

                 -

           4,286

At 31 Dec.2016

   (59,338)

(393,696)

(108,445)

(355,777)

    47,111

               -

   964,368

Carrying value:

At 31 Dec.2016

     54,131

145,925

     97,088

388,677

       8,894

14,830

    709,545

During the year, the company received compensation of kshs 4,078,138 (2015: 568,637) from third parties for lost cylinders and disposal of replaced trucks. The net book value of the disposed assets was kshs 2,455,204.

Included in property, plant and equipment are assets with a gross value of KShs 359,440,852 (2015: KShs 342,719,812) which are fully depreciated but still in use. The notional depreciation charge on these assets would have been KShs 51,780,882 (2015: KShs 45,489,450). There were no idle assets at 31 December, 2016 and 2015.

Required;

(a) What is meant by (i) depreciation, (ii) carrying value. (iii) Capital work in progress, (iv) transfers, (v) disposals?

(b) Illustrate how the carrying values of the assets are arrived at.

(c) What were the different components of plant, property, and equipment for the year 2016?

(d) What was the depreciation expenses for motor vehicles during the year?

(e) What was the accumulated depreciation for motor vehicles as at 31 December 2016. What does this figure represent?

In: Accounting

In chapter 8 we can see how the course of both Weses' lives have gone in...

In chapter 8 we can see how the course of both Weses' lives have gone in completely different directions. Author Wes is accepted at a prestigious university and receives a scholarship. Other Wes sentenced to life in prison. What do you think was Author Wes Moore's purpose in writing this book? What evidence do you have from the book to back up your answer?

In: Psychology

This vitamin is involved with the metabolism of carbohydrates, fats and proteins. Rarely is there a...

  1. This vitamin is involved with the metabolism of carbohydrates, fats and proteins. Rarely is there a deficiency of this vitamin because as the name suggests it is "widespread" in the food supply.

    Biotin

    Vitamin K

    Folate

    Pantothenic acid

  2. Which of the following is not one of the functions of vitamin C?

    Protects against infections

    Involved in production and maintenance of collagen

    Is a component of insulin

    Promotes the absorption of iron

  3. The treatment to this deficiency disease was accidentally discovered when the discarded brown coat of rice was given to chickens as scraps and then the attendant noticed the chickens did not walk stiff and weak following this diet. Alcoholics' staggering gait and jerky eye movements are the result of not being able to absorb the vitamin; usually a shot of this vitamin is given to those in rehabilitation programs. It is:

    Thiamin B1

    Riboflavin B2

    Ascorbic acid C

    Vitamin K

  4. Sulfur, a mineral that forms bridges between amino acids and provides the rigid shape of nails and hair, is adequate in a diet that contains sufficient:

    Fat

    Protein

    Carbohydrate

    Vitamins

  5. Which of the following minerals is part of the digestive acid that maintains the low pH of the stomach?

    Heme

    Chromium

    Copper

    Chloride

  6. The following minerals are all involved in red blood cell (RBC) formation and utilization except:

    Zinc

    Copper

    Iron

    Fluoride

In: Nursing

In a study to evaluate drug efficacy, the manufacturer of a new type of generic drug...

In a study to evaluate drug efficacy, the manufacturer of a new type of generic drug for treating a
disease wants to investigate the effectiveness of this generic drug as compared to the traditional
brand name drug, At the present time, the brand name drug is the only approved treatment for the
disease. Patients diagnosed with the disease have low concentration of a specific factor in their
blood. Treatment with the brand name drug will result in an increase in the concentration of the
specific factor in the blood. An experiment is conducted in which 10 patients currently with the
disease are randomly assigned to receive either the generic drug or the brand name drug for a
period of 9 months. After 9 months have elapsed, a measure of the concentration level of the
specific factor in the blood is obtained for each patient. The results are shown in Table Q1.

Brand name drug 11 9 8 10 10
Generic drug 9 8 7 9 8

(a) At a 5 % level of significance, apply a two-sample t test to determine whether there is
any difference in the concentration levels between brand name drug and generic drug.
Comment on the results.


(b) Construct a 90 % confidence interval for the difference in the mean concentration
levels between brand name drug and generic drug.


(c) Suppose now the manufacturer wishes to demonstrate whether the concentration level
of brand name drug exceeds that of generic drug by more than 1, apply a two-sample t
test to analyze the problem based on 1 % level of significance.

Please show workings and do not use excel to generate answer.

In: Statistics and Probability

. 1. Take a survey of 10 people. Ask them if they take ibuprofen for headaches....

. 1. Take a survey of 10 people. Ask them if they take ibuprofen for headaches.

Name yes/no

1. ________________________ ____________________

2. ________________________ ____________________

3. ________________________ ____________________

4. ________________________ ____________________

5. ________________________ ____________________

6. ________________________ ____________________

7. ________________________ ____________________

8. ________________________ ____________________

9. ________________________ ____________________

10. ________________________ ____________________

2. Determine the probability that someone uses ibuprofen for pain, using the results of your experiment. ___________________________

__ 3. Using the percentage from your experiment, draw a binomial distribution chart for a group of 15 people.

X P(x)

0

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

4. What is the probability of getting exactly 3 people who use ibuprofen for pain in a group of 15 people? (BASED ON YOUR SURVEY)_____

5. What is the probability of getting more than 10 people who use ibuprofen for pain in a group of 15 people? (BASED ON YOUR SURVEY) __________________________________

In: Statistics and Probability

Read and print parallel array - How can this be made to read parallel arrays and...

Read and print parallel array - How can this be made to read parallel arrays and then print them?

The program presented here is intended to read from the text file and build parallel arrays. Then it will print as shown. The first line will not be stored in the array. The second line will be stored in firstArray[] and the third line will then be stored in secondArray[] and the arrays will repeat until the file is read.

begin external text file:

lineone

linetwo

line three

linefour

line five

begin program code:

ifstream infile;
string filname;
string line;
int i = 0;
cout << "Enter file name: ";
cin >> filname;
infile.open(filname.c_str());
getline(infile, line);

infile >> line; // first line
infile.ignore(20, '\n');
  
while (infile && i < 5)
{
i++;
getline(infile, firstArray[i]);
getline(infile, secondArray[i]);
}

string w;
string v;
w = firstArray[0];
v = secondArray[0];

cout << "*" << w << v << "*" << endl;
cout << "*" << firstArray[0] << "*" << endl;
cout << line << endl;

In: Computer Science

Problem(1) (a) Consider the (random) experiment of throwing THREE coins together. Let S denote the sample...

Problem(1) (a) Consider the (random) experiment of throwing THREE coins together. Let S denote the sample space. List the elements in S.

(b) If HEAD comes up, you win $2 dollars; you lose $1 dollar if TAIL shows up. Let X be the random variable that corresponds to the money you win (a positive value) or lose (a negative value). What are the values that the random variable X takes?

(c) Suppose that the coin is made and thrown fairly. Find P[X = 2].

(d) Find E[X].

(e) Find E[X2 ].

(f) Find V ar[X].

In: Statistics and Probability

An engineering students designs and builds a capacitor from some scrap iron. One piece of iron...

An engineering students designs and builds a capacitor from some scrap iron. One piece of iron is a square with side lengths of 10 cm, while the other piece is a rectangle that is 20 cm long and 10 cm wide. The student knows they can keep the plates separated by a distance of 1.2 micrometers.

a. What is the capacitance of this setup?

b. If the capacitor is fully charged using a 1.5 V battery, how much charge is built up on the plates?

c. How much energy is stored?

d. After performing the experiment, the student inserts a dielectric with a k value of 1.2. What values would this change?

In: Physics

a) Marcus Jones wants to invest $10,000 on January 1, 2014, so that he may withdraw...

a)

Marcus Jones wants to invest $10,000 on January 1, 2014, so that he may withdraw 10 annual payments of equal amounts beginning January 1, 2029. If the fund earns 10% annual interest over its life, what will be the amount of each of the withdrawals?

$14,709

$28,402

$10,000

$16,181

b)The Lane Company incurred the following expenditures in January 2016: (1) research and development costs of $510,000 that resulted in a new product that was patented during the year, (2) $12,000 in legal fees to have the patent registered, (3) $100,000 in advertising costs to develop a trademark for the newly patented product, (4) Legal fees of $8,000 incurred with the registration of the trademark, which will only be used for five years, and (5) $25,000 of advertising costs to promote its good name. Benefits to be derived from the patent are expected to last for five years. The president believes the promotion of Lane's good name will benefit the firm for three years. How much amortization expense should Lane recognize for 2016?

$4,000

$25,000

$9,000

$1,000

In: Accounting

Assume the government wants to increase GDP and income Y. It has $100 million to use....

Assume the government wants to increase GDP and income Y. It has $100 million to use. Explain why spending it on roads and bridges (government spending G) will increase Y more or less than if it used the money on transfer payments (R) such as welfare payments. You must refer to the multiplier and mathematically why one policy would be different from the other. Explain why one policy would work better than the other.

In: Economics