Economics, Accounting & Business: Post your doubts here!

[NamanGupta]

Hi, can someone help me with Non-profit-making organisations (clubs and societies) accounting?
Can someone solve the first additional exercise of chapter 17 from Cambridge International As and A Level Accounting by Harold Randall and David Hopkins? Please.
My Statement of Financial Position (Balance Sheet) isn't tallying

 

[Sarah Paul]

Hi, can someone help me with Non-profit-making organisations (clubs and societies) accounting?
Can someone solve the first additional exercise of chapter 17 from Cambridge International As and A Level Accounting by Harold Randall and David Hopkins? Please.
My Statement of Financial Position (Balance Sheet) isn't tallying

Hmmm it myt take some time

 

[NamanGupta]

Hmmm it myt take some time

It's okay, i'll wait, thank you

 

[Sarah Paul]

It's okay, i'll wait, thank you

okay no problem

 

[wohooo]

What is net debt?and how to relate it with cash flow statement

Can anyone answer this one?

 

[NamanGupta]

Can anyone answer this one?

When a company's liabilities> assets, they would be in a situation of net debt.
It would affect the cash flow forecast negatively, as they would have to pay more in the short term than gain. Hence, money would flow out of the company.

 

[NamanGupta]

Can anyone answer this one?

Refer to this: http://www.investopedia.com/terms/n/netdebt.asp

 

[wohooo]

Refer to this: http://www.investopedia.com/terms/n/netdebt.asp

Thank you

 

[NamanGupta]

Thank you

 

[Ren Poole]

Someone please help. 9706/41/o/n/12
question number 3.(Steerforth ltd)
3d) I am wondering why is the fixed of process 1 divided by 12000 units? but the fixed production in process 1 in question bi) times by 15000.
can someone please explain why is like that?

 

[unique111]

Help needed! In the third one, i get it that price is lowered, but what about cost of profuction?

 

[unique111]

 

[Muskan Achhpilia]

Hey, I have an economics doubt can anyone explain :



Thanks!

 

[TheZodiac]

View attachment 38511 View attachment 38512 View attachment 38519

11) The supply curve S h represents domestic supply where as S w is the world supply. The overall consumption consist of world supply and domestic supply so it'd be OV, where as the imports would be TV because it's being offered at a lower price compared to what domestic producers are offering. Therefore RT (domestic supply) + TV (world supply/import) =OV

12) $0.90 + $0.80 + $0.65 + $0.50 = $2.85 (the price which consumer is willing to pay)
$0.50 x 4 = $2 (the price he actually pays)
Consumer surplus = The price consumer is willing to pay - the price he actually pays
$2.85 - $2 =$0.85

 

[TheZodiac]

View attachment 38511 View attachment 38512 View attachment 38519

24) World price rises, means import oriented inflation, when domestic unemployment falls, means people have greater purchasing power, consumption therefore increases which leads to increase in price level (AD increasing) Demand pull inflation

25) When price level increases, the demand for cash increase. According to Liquidity preference theory of Keynes. If you haven't studied that yet, just note that you bought a good (necessity) worth $10 last year, this year, due to inflation, the price of that good has increased to $15. Now you'd have to have more money in order to buy that good. Therefore your demand for cash has increased.

 

[TheZodiac]

View attachment 38511 View attachment 38512 View attachment 38519

26) Basic Marshal Lerner condition states that a country should be 'export' oriented in order for the devaluation to actually work. If your imports are in-elastic and that too, raw materials, then devaluation of the currency would be catastrophic for balance of payements because imports (raw materials) would get expensive and would ultimately lead to higher priced goods regardless of the devaluation phenomina

27) Current account surplus might result in inflation because of appreciation of currency which might make our exports uncompetitive in the foreign market. The rest of the options do not link with 'surplus in current account'.

28) When interest rate is increased, the demand for pound would increase which would lead to shift of Demand curve to D2D2. Likewise, the local people would prefer to invest their money into pound due to higher interest rate rather than demand any other currency.

 

[:: A^]

http://papers.xtremepapers.com/CIE/... AS Level/Economics (9708)/9708_s10_qp_11.pdf

Can someone explain Q4 pls

 

[Muskan Achhpilia]

Hey, I have an economics doubt can anyone explain :

I thought the answer should be A but is B?
Thanks!

 

[Muskan Achhpilia]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s10_qp_11.pdf

Can someone explain Q4 pls

Ok so let the money the worker gets for 3hats/2 pairs of shoe be $x,
for 10 hats the worker gets 10/3=$3.33x
for 5 pairs of shoes he gets 5/2=$2.5x
3.33>2.5

Thus the worker should specialise in making hats so answer is C

 

[PY Choi]

Hi can anyone explain how to get the answer to this question

A country's TOT currently stands at 150 with base year 2000 =100
Since 2000, the average price the country has received for ita exports has increased by 20 %.
What has been the change in the average price it has paid for its imports.?

Thankksss