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Economics, Accounting & Business: Post your doubts here!

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Can anyone hip me with ds question :(

The following balances have been extracted from Joel's books at 31 December 2003. Machinery at cost $18000; Provision for Depreciation of Machinery $9600.

May 7 Sold machine No.1 for $1500. This machine cost $6000 when purchased in 2000.
June 3 Purchased Machine No.3 which was priced at $10000. Joel paid $7000 and gave machine No.2 in part exchange. Machine No.2 cost $12000 when purchased in 1998.

Joel depreciates his machinery using the straight-line method and the rate of 10% per annum. He provides for a full year's depreciation in the year of purchase, but none in the year of disposal.

Prepare the following accounts to show the transactions on 7 May and 3 June:
(a) Machinery at cost
(b) Provision for Depreciation of Machinery
(c) Machinery Disposal.

I did part (a) but can't to do the rest so plz help me :(
it's a bit long one though :p
Anyone :(
 
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Please assist me in answering this question for 12 marks ..
Evaluate the factors that owners of a rapidly expanding private limited company should consider before deciding to convert into a public limited company [12]
Much appreciated :)
 
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Please assist me in answering this question for 12 marks ..
Evaluate the factors that owners of a rapidly expanding private limited company should consider before deciding to convert into a public limited company [12]
Much appreciated :)

m not studyig B.S at alevels ( i studies in O lvls) , but i have acc and eco at a lvls

1. How much capital can the company raise by going public?
2. Ownership of the company
3. Market share (present vs predicted future)
4. Would the company receive Economies of scale or diseconomies of scale (i.e marginal cost of production will rise or fall?)
5. Profits ( will they increase or decrease?)
6. will the company be able to expand after going public ( will the market share increase or decrease?)
7. consider social costs and benefits as well ( providing employment , providing essential good or service etc.... )

comapny has to
answer all of the questions
and compare the two situations

i hope m not wrong! :)
 
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Comparative advantage involves opportunity cost (the benefit of choice given up by choosing the next best alternative, due to limited resources).

The country that has the lower marginal cost (cost of producing extra units) as well as the lower opportunity cost, when producing a good/service, has comparative advantage over its competitor.
Thank You...Is my Absolute Advantage correct?
 
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Hello...Did they release the IGCSE Accounting, Business & Econ past papers for 2012 May/June yet?
Please let me know :D
 

ktc

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Thank You...Is my Absolute Advantage correct?
Yes. But rather than saying ‘better’, the precise words would be more efficient. Also, the country with absolute advantage meets a comparatively low cost of production.
Hello...Did they release the IGCSE Accounting, Business & Econ past papers for 2012 May/June yet?
Please let me know :D
Hi. Yes, they did.
http://www.xtremepapers.com/communi...emes-examiner-reports-grade-thresholds.18863/
 
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m not studyig B.S at alevels ( i studies in O lvls) , but i have acc and eco at a lvls

1. How much capital can the company raise by going public?
2. Ownership of the company
3. Market share (present vs predicted future)
4. Would the company receive Economies of scale or diseconomies of scale (i.e marginal cost of production will rise or fall?)
5. Profits ( will they increase or decrease?)
6. will the company be able to expand after going public ( will the market share increase or decrease?)
7. consider social costs and benefits as well ( providing employment , providing essential good or service etc.... )

comapny has to
answer all of the questions
and compare the two situations

i hope m not wrong! :)
Thank you soo much man :) i owe you one..
 
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>>Flow production allows high volumes of a standard product to be produced on a production line. EX;Henry Ford used this method for his Model T car, and the efficiencies he gained enabled him to produce large number of cars at low costs.
>>It is typically capital intensive. Therefore it is important to run it with high level of capacity utilisation, so that the high overhead costs are spread over as many units as possible.
hpe it helps...
 
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Friends pls help. I m in dire need of help....

My doubt is about creation of CRR.....
In 2002 winter paper 4,in 1st question CRR Is created by the difference between nominal value of fresh issue and redeemed capital......
While in 2005 summer paper 4 , CRR Is created by the difference between total fresh issue and nominal value of redeemed capital....

What is The final thing to do……
 
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Friends pls help. I m in dire need of help....

My doubt is about creation of CRR.....
In 2002 winter paper 4,in 1st question CRR Is created by the difference between nominal value of fresh issue and redeemed capital......
While in 2005 summer paper 4 , CRR Is created by the difference between total fresh issue and nominal value of redeemed capital....

What is The final thing to do……

It will be nominal value of redeemed preference shares minus new issue ( don't consider the premium) okay.
 
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my doubt is that CRR is created out of the nominal difference between reedemed capital and fresh issue of shares.........

2005.png
 
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