Describe on the penetration so far giving the necessary role that IRA & RBA need to actively take so that this penetration gets to a better level.
Assume that you have been an insurance agent for some few years in Kenya. During the latest awards gala at the Carnivore Grounds in Nairobi. A total of 29,591 life insurance policies that generated a total of Sh2.3 billion in annual premiums were sold by 492 agents during the year. In the general insurance, a […]
Do you believe that stock prices will decline if the economy strengthens and interest rates rise?
Stock Market Analysis This problem requires an understanding of the different methods for valuing stocks. As a stock portfolio manager, you spend most of your day searching for stocks that appear to be undervalued. In the last few days, you have received information about two stocks that you are assessing, Olympic stock and Kenner stock. […]
Estimate the cost of equity.
Please fill your answer in the blank box found below: You have run a regression of returns of Devonex, a machine tool manufacturer against the S&P500 index using monthly returns over the last years and arrived at the following regression equation: ReturnDevonex = 0.3% +1.6* ReturnS&P500 a) The stock had a Jensen’s alpha of – […]
Recommend specific objectives for the internal audit department related to the aims of the department.
As the newly appointed finance director of a quoted company, you have just been asked by the Chairman to advise on the effectiveness of the existing internal control department. The chairman explained that internal audit has been established in the company for many years. The chief internal auditor, who has held this post for many […]
explain how performance of the internal audit department against each of its objectives, could be evaluated and provide for each objective an example of a performance measure that could assist in this.
As the newly appointed finance director of a quoted company, you have just been asked by the Chairman to advise on the effectiveness of the existing internal control department. The chairman explained that internal audit has been established in the company for many years. The chief internal auditor, who has held this post for many […]