Economics, Accounting & Business: Post your doubts here!

[Somia uddin]

doubt m/j 2006Q3

 

[Vinita Manek]

Bt how come.....

i tld u yest also it is intangible asset....negative goodwill will be shown in brackets under dat title in brackets....read d er

 

[parthrocks]

can anyone plzzz solev my doubt......

 

[parthrocks]

i tld u yest also it is intangible asset....negative goodwill will be shown in brackets under dat title in brackets....read d er

hey i just checked the answer is B!!

 

[Vinita Manek]

doubt m/j 2006Q3

ans is c.....600 7000 n 480 on debit side n 800 on credit it gives u 7280

 

[Vinita Manek]

even i dnt knw dat...its tuff

can anyone plzzz solev my doubt......View attachment 10220

.

 

[parthrocks]

vINTA
9706/01/o/n/03 qt numb 18
DNT KNOW anyone tell me pla

 

[shanky631]

can anyone plzzz solev my doubt......View attachment 10220

the answer is C

 

[parthrocks]

the answer is C

NO Shashank the answer is B.....ITS SOMETHING ELATED TO EXPENSES AND SALES RATIO!?????ANY IDA

 

[parthrocks]

http://www.xtremepapers.com/community/attachments/1234-jpg.10220/

 

[Esme]

http://www.xtremepapers.com/community/attachments/1234-jpg.10220/

ummm ..... alryte so for this one i used algebra... do u want me explain it in dat way ??

 

[Vinita Manek]

ummm ..... alryte so for this one i used algebra... do u want me explain it in dat way ??

yup...nyway

 

[Somia uddin]

doubt m/j 2006Q30

 

[Esme]

the cost of sales is 800-200=600
now add the overheads to this
the total costs shall be 600+400 = 1000
now take the sales figure to be x.
net profit will be x-1000
so substituting in the formula for net profit margin we get :
(x-1000)/x multiplied by 100 = 20.
when we solve this 100x-100000=20x
and so x=100000/20.
so x being the sales figure we get the ans as 1250.

 

[parthrocks]

ummm ..... alryte so for this one i used algebra... do u want me explain it in dat way ??

ya plzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

 

[Esme]

the cost of sales is 800-200=600
now add the overheads to this
the total costs shall be 600+400 = 1000
now take the sales figure to be x.
net profit will be x-1000
so substituting in the formula for net profit margin we get :
(x-1000)/x multiplied by 100 = 20.
when we solve this 100x-100000=20x
and so x=100000/20.
so x being the sales figure we get the ans as 1250.

sorry i made an error while typing in the end.
in my second last line it should be x=100000/80 which gives 1250

sorry

 

[Esme]

doubt m/j 2006Q30

plzzz i beg you !! post the link... save time for us as well !!

 

[wajiman]

can anyone plzzz solev my doubt......View attachment 10220

here is the solution (2nd method) :

here we have to use a method known as hit and trial method. first we need to calculate the amount of expenses. increase in stock is closing stock. we will subtract the closing stock from purchases. then we will add overheads in it. ( $800,000 - $200,000 + $400,000 = $1000,000 ). Note that the dividends are paid from the retained earnings as per the new IAS standards revision, therefore it has nothing to do with the profit so it will be ignored here.

Now we have to use the hit and trial method once we have calculated the expenses. in this method we try all the values and then pick the one giving the right answer. we will subtract the expenses from all the values of the profit. in this case, once we come to option B, we know that $1250,000 - $1000,000 = $250,000 net profit. As we know the NP margin, therefore, = $250,000/$1250,000*100 = 20%. hence the answer is option B

 

[Somia uddin]

http://www.xtremepapers.com/papers/... AS Level/Accounting (9706)/9706_s06_qp_1.pdf
Q 30

 

[wajiman]

http://www.xtremepapers.com/papers/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s06_qp_1.pdf
Q 30

answer is c

in detail:

for calculating power expense, we will do the following = 7,500 kwh/ 25,000 kwh * $20,000 = $6,000

for rent = 30,000/50,000 * $100,000 = $60,000

now add $60,000 and $6,000 and the answer is $66,000