Economics, Accounting & Business: Post your doubts here!

[redapple20]

I hate you awlllll! Echelon94 WaleedUQ Saad Ghori Manesh wajiman MnMz ...... for studying wen im not!

 

[redapple20]

Yar kia khwari hai:/ ... im gonna fail!:/

 

[Saad Ghori]

Yar kia khwari hai:/ ... im gonna fail!:/

Leh kismay?

 

[redapple20]

Leh kismay?

Sabbb mai

 

[Saad Ghori]

Sabbb mai

You don't seem to be having any problem, sure we cant help you out?
And yes I do take Business studies

 

[redapple20]

Leh kismay?

bizzness dyrhe ho?

 

[redapple20]

bizzness dyrhe ho?

Oh youzair wanted some hlp; if u can make me sit and study do it!

 

[wajiman]

bizzness dyrhe ho?

i m giving business studies

 

[redapple20]

Kitni tayari hai evry1?

 

[wajiman]

i have accounting P3 doubts
P33-M/J 2011- qns 11- i don't understand why is it B? i chose A?
14-i understand how we got C....but what about the average stock.....how did we get it coz we have no opening stock! just closing stock!
18-how does cost per unit decrease here!?
P32-M/j 2010-qns 28- i used the formula here......but i got D....the MS says C!

ARR=(64-14-35)/((160-20)/2) x 100=21.43%
however this answer according to mark scheme is wrong
P33-M/j 2010-qns 1,11,26,29

PLS HELP ME OUT SOMEONE!

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
$1080,000 = 0 (as it is the first year of the business) + x - $200,000
x = $1080,000 + $200,000 = $1280,000

 

[wajiman]

Kitni tayari hai evry1?

for business nuthin....

 

[redapple20]

for business nuthin....

Meri bhi nhi:/

 

[youzair]

koi tau bolday k meri tayaari hogai
tau mei bhi shuru karun...motivation he nahi mil rahi k tayaari start karun
redapple20

 

[redapple20]

koi tau bolday k meri tayaari hogai
tau mei bhi shuru karun...motivation he nahi mil rahi k tayaari start karun
redapple20

Im gonna go try na study:/ helpful?

 

[youzair]

last nite i opend my register and didnt learn anything..
khair i really neeed to work hard i dont wanna lose grade this time..
insha'ALLAH we all will do good!
redapple20

 

[iqraa nadeem]

Please can anyone clear my doubt
In Paper 31 oct/nov 2011 business studies there is a question 4 that indirectly requires us to calculate price elasticity of demand.
In the mark scheme they have used a different formula
like %change in p/% change in q.
Shouldnt it be the other way round
please if anyone has done the working let me know

 

[wajiman]

right I got how you did it, but our syllabus says 'Calculate ratios using year-end balances where appropriate, unless the question specifies the use
of average figures' & we have had to use just the closing stock in few other questions. This question doesn't mention that we should use the average figure, I dunno if just the mention of average figure means we should use it. Besides, the average figure we calculate is by adding the opening & closing stocks & dividing it by 2, in this case there is no opening stock & still there is an average figure (with different value from Closing stock), which was prolly calculated by taking the average of closing stocks for each month. Confusing (when should we use average & when just the closing)

ya dat is the valid point but due to the information given of average inventory, we had to ignore other information contradicting the statement, then only we can do this mcq

 

[wajiman]

there is doubt in what WaleedUQ quoted

 

[ayeshaddy]

http://www.xtremepapers.com/papers/CIE/Cambridge IGCSE/Accounting (0452)/0452_s03_qp_1.pdf
Can anyone tell me how you get the answer for question 32?

 

[Manesh]

http://www.xtremepapers.com/papers/CIE/Cambridge IGCSE/Accounting (0452)/0452_s03_qp_1.pdf
Can anyone tell me how you get the answer for question 32?