Economics, Accounting & Business: Post your doubts here!

[mimiswift]

what's the formula for income gearing ratio?

 

[WaleedUQ]

guys can you tell me how to calculate closing inventory in absorption and marginal costing.
both methods first in first out and AVCO

 

[Mohammed Hassan]

HEY DOES ANYONE KNOW WHAT IS EXACLY PARTICIPATING SHARES??IN ACCOUTING 9706..

Participating shares are shares which give the holders dividends plus extra earnings based on certain conditions.

 

[Muhammad Bin Anis]

Help needed in
Accounts P2, Jun 2005, Q3 last two parts ....
Someone please explain what is the limiting factor
I am posting it atleast for the third time..

 

[parthrocks]

Participating shares are shares which give the holders dividends plus extra earnings based on certain conditions.

thank u... got it

 

[00mfr]

what's the formula for income gearing ratio?

gearing ratio not part of as level

 

[Saad Ghori]

Help needed in
Accounts P2, Jun 2005, Q3 last two parts ....
Someone please explain what is the limiting factor
I am posting it atleast for the third time..

It says that the fixed overheads have increased, but the amount available to pay them haven't. The limiting factor here is amount available to pay overheads. So you need to calculate the contribution per unit/variable overhead per unit for the ranking of the products. You will not take the fixed overhead in the calculation as they have to be paid no matter what.
For the revised production budget plan the available amount to pay variable overheads would be, 197000 that is the amount which was used to pay the overheads less the increased fixed costs, which would be 118200+(118200*8%). This leaves us with the amount available to pay the variable overheads 69344. Now you need to calculate the units that have to be made according to their rankings.
Hope I didn't confuse you

 

[student92]

does anybody have examiner tips for economics 9708
please share
thanks

 

[Mohammed Hassan]

Guys! plz help me out in this question, in number 3, the mark scheme for paper 2 June 2008 says that the depreciation charged for the year is $126000??! why not $96000?? plz anyone help
Thnx in advance

 

[Mohammad Taymur]

OUTLINE THE CURRENT ACCOUNT POSITION OF YOUR COUNTRY YOU HAVE STUDIED. DISCUSS ITS ABILITY TO IPROVE ITS PERFORMANCE ON THE CURRENT ACCOUNT.​

MAY/JUNE 2007 QUESTION 4B CAN ANY PLZ /HELP ON THIS QUESTION​

​

 

[Mohammad Taymur]

U

Guys! plz help me out in this question, in number 3, the mark scheme for paper 2 June 2008 says that the depreciation charged for the year is $126000??! why not $96000?? plz anyone help
Thnx in advance

U MISSED POINT NUMBER 9 . IT SAYS 100000 WAS DEBITED TO EQUIPMENT ACCOUNT . OF THIS 25000 SHOULD HAVE BEEN DEBITED TO EQUIPMENT REPAIRS ACCOUNT ... SO 100000-25000=75000
DEPRECIATION SHOULD BE CHARGED ON THIS 75000 ALSO

 

[Mohammad Taymur]

CAN ANY ONE HELP ME QUESTION NUMBER 9,13AND14

 

[mimiswift]

gearing ratio not part of as level

yeah i know
im doing my A2 level accounting not AS level!

 

[Mohammad Taymur]

yeah i know
im doing my A2 level accounting not AS level!

INCOME GEARING RATIO is Interest Expense / Operating Profit

 

[Mohammed Hassan]

U




U MISSED POINT NUMBER 9 . IT SAYS 100000 WAS DEBITED TO EQUIPMENT ACCOUNT . OF THIS 25000 SHOULD HAVE BEEN DEBITED TO EQUIPMENT REPAIRS ACCOUNT ... SO 100000-25000=75000

Mmmmmmmmmmmmmmmmmmmmm... Understood! (Y) thnx appreciate that
DEPRECIATION SHOULD BE CHARGED ON THIS 75000 ALSO

 

[redapple20]

Okay wat to do wen ur about to giv a ppr which u kno nothing bout?

 

[00mfr]

yeah i know
im doing my A2 level accounting not AS level!

oh ok

 

[Esme]

Okay wat to do wen ur about to giv a ppr which u kno nothing bout?

Panic and freak out !!!


Sorry for the lack of optimism

 

[Esme]

does anybody have examiner tips for economics 9708
please share
thanks

ummm wat are the examiner tips ??
the ers usually have tips and key points for candidates to focus on !

 

[mimiswift]

INCOME GEARING RATIO is Interest Expense / Operating Profit

i applied this formula but it was wrong
i used in P43 oct/nov 2011 qns 2!
you can check if you want coz this formula doesn't work there!