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  1. W

    Economics, Accounting & Business: Post your doubts here!

    mcq no.14: first lets calculate the Cost of sales: Cost of sales/average inventory= inventory turnonver therefore, x/$180,000 = 6 times x= $180,000*6= $1080,000 we need to find value of purchases now, as we know that Cost of sales = Opening inventory + Purchases - Closing inventory...
  2. W

    Economics, Accounting & Business: Post your doubts here!

    i m giving business studies
  3. W

    Economics, Accounting & Business: Post your doubts here!

    before we used to subtract it but now we add it.
  4. W

    Economics, Accounting & Business: Post your doubts here!

  5. W

    Economics, Accounting & Business: Post your doubts here!

    exactly, you are right.
  6. W

    Economics, Accounting & Business: Post your doubts here!

    first of all no doubts make a person look stupid, it helps strengthen the concepts of all, even the person who knows it, and secondly you forgot to mention the year
  7. W

    Economics, Accounting & Business: Post your doubts here!

    same here, attempted may jun 11, 15 out of 30 :/, banging my head with the wall.
  8. W

    Economics, Accounting & Business: Post your doubts here!

    loooolll, there are many persons who are known as drake, i thought he was some one else, i did not focus on signature :p
  9. W

    Economics, Accounting & Business: Post your doubts here!

    btw who is drake ?
  10. W

    Accounts paper 4 (discussion)

    i messed up half of the q2 and quarter of q3, the production budget one, it was damn easy, dunno how i misinterpreted it :/ and as for the threshold, its definitely going to be near to 90's
  11. W

    Economics, Accounting & Business: Post your doubts here!

    answer is D according to mark scheme
  12. W

    Economics, Accounting & Business: Post your doubts here!

    exactly dats wat i wrote
  13. W

    Economics, Accounting & Business: Post your doubts here!

    me, i did it wrong, i got how to make it correct but the time was up :(, though will get some marks for the figure i calculated
  14. W

    Economics, Accounting & Business: Post your doubts here!

    if you are right, then i guess i lost a couple of marks in question 1 too and how to make the production budget asked in the paper, as no closing stock was given?
  15. W

    Economics, Accounting & Business: Post your doubts here!

    i was getting a net loss of $7,000 :S, this was the only question i double checked, and i did not minus provision of unrealised profit as any information regarding it was not given
  16. W

    Economics, Accounting & Business: Post your doubts here!

    accounting ko choro, raat gai baat gai :p
  17. W

    Economics, Accounting & Business: Post your doubts here!

    there were many options, this is what i wrote: contradiction: subsidies that is government intervention and soft trade policy
  18. W

    Economics, Accounting & Business: Post your doubts here!

    Thanks .... May Allah succeed us all in this Paper with very good marks. (Ameen)
  19. W

    Economics, Accounting & Business: Post your doubts here!

    i remember loan to $97,500 and my balance sheet balances at $172,500 :S. and what is that profit in opening and closing goods? which question was that
  20. W

    Economics, Accounting & Business: Post your doubts here!

    it was complete hall
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