Finance Answers

Discuss how the Kenyan public sector expended its revenue in the financial year (FY) 2015/2016, in accordance with the functional classification of public sector expenditure. Please refer to Table 5.8 of the Economic Survey 2019.

b) Computing percentages to (a) above, as given in Table 5.8, identify public sector functions that took most of the revenue, arranging in a decreasing order i.e., from the highest amount to the lowest amount, showing the percentages respectively.

Looking at the Economic Survey 2019, able 5.10. With specific reference to the financial year (FY) 2016/017

i) Compute the percentages on total external debt. Arrange in order of lending amounts and percentages, countries from the largest lender to the smallest lender? Show the percentage of each country on total external debt for 2016/2017.

ii) What is the order of lending of international institutions from the largest to the smallest lender. Show the percentage of each international institution on total external debt for 2016/2017.

Who are the actors in the foreign exchange market? 10marks

equity account increased by 1 million and liabilities fell by 2 million then assets would be what amount?

Context Links: https://saylordotorg.github.io/text_personal-finance/s05-personal-financial-planning.html + https://saylordotorg.github.io/text_personal-finance/s06-basic-ideas-of-finance.html

Instruction: Implementing the personal finance terms within the provided links above, respond to the following prompt.

Extra Directions: Answer this prompt as if you were a sophomore around the age of 15-16 in high school.

Prompt: The quote by Adam Smith identifies you can make money if you have money. If you were given $100,000 dollars today how would you use this money to make additional money in the future?

Requirements: Create a list of 3 options you could take to make money from the $100,000; identify the pros and cons of each option and identify your first choice.

1. Create your list of three options.
2. Identify the pros and cons of each option.
3. Weigh each option and identify your first choice.

Context Links: https://saylordotorg.github.io/text_personal-finance/s06-basic-ideas-of-finance.html + https://saylordotorg.github.io/text_personal-finance/s05-personal-financial-planning.html

Instructions: Implementing the personal finance terms within the provided links above, respond to the following prompt.

Money Makes Money

The quote by Adam Smith identifies you can make money if you have money. If you were given $100,000 dollars today how would you use this money to make additional money in the future?

Please create a list of 3 options you could take to make money from the $100,000; identify the pros and cons of each option and identify your first choice.

Instructions

1. Read the discussion board.
2. Create your list of three options
3. Identify the pros and cons of each option.
4. Weigh each option and identify your first choice.

Context Link: playspent.org.

Instructions: Click on Continue to Spent on the right side of the screen to start the game and play it all the way through. 

TIP: Keep an eye on the left-hand bar which keeps track of your progress and includes 3 options to get more money during the month.   

Questions: How did some of your initial decisions (job, health insurance, where to live) impact the rest of your month in ways you did not expect? Did you ever reach out to a friend for help? Why or why not? Describe a scenario in which you thought you were making a good decision but there was still a negative outcome. Describe a scenario that forced you to wrestle with your values. What was your ultimate decision and how do you feel about it? Explain. What is your main takeaway from playing Spent? 

In this homework activity you will examine what it is like living paycheck to paycheck.

Instructions: Go to playspent.org. Click on Continue to Spent on the right side of the screen to start the game and play it all the way through. 

TIP: Keep an eye on the left-hand bar which keeps track of your progress and includes 3 options to get more money during the month.       

Question: What is your main takeaway from playing Spent? 

In this homework activity you will examine what it is like living paycheck to paycheck.

Instructions: Go to playspent.org. Click on Continue to Spent on the right side of the screen to start the game and play it all the way through. 

TIP: Keep an eye on the left-hand bar which keeps track of your progress and includes 3 options to get more money during the month.       

Question: Describe a scenario that forced you to wrestle with your values. What was your ultimate decision and how do you feel about it? Explain.

In this homework activity you will examine what it is like living paycheck to paycheck.

Instructions: Go to playspent.org. Click on Continue to Spent on the right side of the screen to start the game and play it all the way through. 

TIP: Keep an eye on the left-hand bar which keeps track of your progress and includes 3 options to get more money during the month.       

Question: Describe a scenario in which you thought you were making a good decision but there was still a negative outcome.

In this homework activity you will examine what it is like living paycheck to paycheck.

Instructions: Go to playspent.org. Click on Continue to Spent on the right side of the screen to start the game and play it all the way through. 

TIP: Keep an eye on the left-hand bar which keeps track of your progress and includes 3 options to get more money during the month.       

Question: Did you ever reach out to a friend for help? Why or why not?