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Economics, Accounting & Business: Post your doubts here!

C

cheesww

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guys 2 things.. in Accounting
1- Is cash budget in the AS syllabus :S
in the syllabus it says its not but my teacher says it is !! :S
2-Paper 12 Oct/Now 2009
Q17 ...
A companys balance sheet at 31 december 2008 includes: $
Ordinary Shares of $1.00 12,000
Profit and loss account 4000
In January 2009 , the company made a bonus issue of one share for every four held
In June 2009, the company made a rights issue at $1.6 of one share for every two held.
By how much did these transactions increase the companys bank balance?
A- 9600 B 12000 C 12800 D 19200
the answer C but i dnt get hw :S
Plz help !!
 
M

Mohammed Hassan

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Esme said:
cuz ordinary shareholders funds will be issued ordinary capital+PnL account+share premium.
all these balances belong to the ordinary shareholders.
Click to expand...
thnx :D my bad, i read it (total shareholders funds ) not ( total ordinary sharholders funds ) stupid me (A) :p
 
Mad Gal

Mad Gal

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cheesww said:
guys 2 things.. in Accounting
1- Is cash budget in the AS syllabus :S
in the syllabus it says its not but my teacher says it is !! :S
2-Paper 12 Oct/Now 2009
Q17 ...
A companys balance sheet at 31 december 2008 includes: $
Ordinary Shares of $1.00 12,000
Profit and loss account 4000
In January 2009 , the company made a bonus issue of one share for every four held
In June 2009, the company made a rights issue at $1.6 of one share for every two held.
By how much did these transactions increase the companys bank balance?
A- 9600 B 12000 C 12800 D 19200
the answer C but i dnt get hw :S
Plz help !!
Click to expand...
marking scheme is wrong. Answer has to be 12000

Cash budget, i think its A2
 
mimiswift

mimiswift

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Mad Gal said:
Okay this is how i understood. I presumed that the current level of Qty being consumed is Z and the govt now sets a min price of OP1 and you can see that it created a difference of UVWXY. The que says that this difference is being paid by the govt....so hence i think that area will become the cost to the govt.
However, in the other que i gave, the market was at equilibrium and the min price led to excess supply. So to maintain that the govt has to buy the surplus amount and hence the ans is D.
Its a trick played with the diagram. Am not sure if my way of understanding is right, buh i got it.
Click to expand...
ok
i kinda got it!
 
parthrocks

parthrocks

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cheesww said:
guys 2 things.. in Accounting
1- Is cash budget in the AS syllabus :S
in the syllabus it says its not but my teacher says it is !! :S
2-Paper 12 Oct/Now 2009
Q17 ...
A companys balance sheet at 31 december 2008 includes: $
Ordinary Shares of $1.00 12,000
Profit and loss account 4000
In January 2009 , the company made a bonus issue of one share for every four held
In June 2009, the company made a rights issue at $1.6 of one share for every two held.
By how much did these transactions increase the companys bank balance?
A- 9600 B 12000 C 12800 D 19200
the answer C but i dnt get hw :S
Plz help !!
Click to expand...
This was the discussion that all were making,,.The answer should and is 12000 thats b...mistake in the marking scheme
 
shahz_h

shahz_h

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Mad Gal said:
Que 7 - demand is unitary. Hence, the total revenue/expenditure end of the day should be the same. so current tot.rev is 48000. so for 20000 units to obtain the same revenue price has to be 2.4

Que 15 - its a criteria for cost benefit analysis to be agreed, the social costs should = social benefits.

Que 20 - advalorem is a tax which will make the supply curve to shift to the left, but non-parallel! so it has to be A. Specific per unit tax will result with a parallel shift :)

Que 27 - i dont get it why inflation decreases :/
Click to expand...
Thanks a lot!!
 
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