Economics, Accounting & Business: Post your doubts here!

[TheZodiac]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s03_qp_1.pdf Q30 Q5 and Q6
Explanations pls?

Q5)
I've highlighted the short run demand curve according to the statement. As in the short run, if the price increases from Po, the effect is greater, therefore it's XY, whereas, when the price falls, the effect is minor so the demand curve is YW

 

[TheZodiac]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s03_qp_1.pdf Q30 Q5 and Q6
Explanations pls?

Q6) C because market demand curve represents the accumulation of individual demand curves.

 

[TheZodiac]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s03_qp_1.pdf Q30 Q5 and Q6
Explanations pls?

Q30) It represents J-curve effect. In the short run, both Imports and exports have low elasticity of demand, and therefore the balance of payment further deteriorates. Therefore Answer is C

 

[Sarah Paul]

Q30) It represents J-curve effect. In the short run, both Imports and exports have low elasticity of demand, and therefore the balance of payment further deteriorates. Therefore Answer is C

Q6) C because market demand curve represents the accumulation of individual demand curves.

Q5)
I've highlighted the short run demand curve according to the statement. As in the short run, if the price increases from Po, the effect is greater, therefore it's XY, whereas, when the price falls, the effect is minor so the demand curve is YW
View attachment 39236

Jazakallah

 

[AlphaBeta]

Bro did u check out that question?

i came across it .. n check the marking scheme ...it has all da answers obviously

 

[David Hussey]

i came across it .. n check the marking scheme ...it has all da answers obviously

http://papers.xtremepapers.com/CIE/...AS Level/Accounting (9706)/9706_w12_qp_33.pdf
q1 can u try this?

 

[AlphaBeta]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_w12_qp_33.pdf
q1 can u try this?

this question u have to take the nbv and the realised value is the sales value
NCA difference = +15
CAdifference = -2
CL difference = -4
cos of realisation = -1
answer = 8 which = B

 

[Sarah Paul]

i came across it .. n check the marking scheme ...it has all da answers obviously

i meant hw did u do that?>

 

[David Hussey]

i meant hw did u do that?>

with his hand and pen/pencil

 

[yesow747]

Hi can some one please give me a link for AL accounting notes ?? I really need them just give me all the notes you have if you can , and thank you very much in advance

 

[panoramafolks]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_w12_qp_33.pdf
q1 can u try this?

1.

Total of realised value = ( $65000 + $23000 - $14000 ) - ( $50000 + $25000 - $18000) - $1000 = 74000 - 58000 = $16000.
Each partner entitled to 16000 / 2 = $8000 so the ans is B.

 

[Sarah Paul]

i meant hw did u do that?>

Duhh the marking scheme has the answers bt there is a way to do ryt?

 

[Sarah Paul]

with his hand and pen/pencil

LOL

 

[Sarah Paul]

http://papers.xtremepapers.com/CIE/... AS Level/Accounting (9706)/9706_s03_qp_1.pdf
Q15 17 26

 

[panoramafolks]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s03_qp_1.pdf
Q15 17 26

15.

Value of the Opening stock = $0
Value of Purchases = (3 x 200) + (3 x 250) = 600 + 750 = $1350
Value of Sales = 4 x 400 = $1600

Value of FIFO closing stock = 6 purchased - 4sold = 2 left
last price of purchase = $250
value of closing stock = 250 * 2 = $500

Sales : 1600

Less:Cost of Sales ( 0+1350-500 ) = ($850)

Gross profit = 1600 -850 = $ 750. Ans is C.

17.

Subscription income = 95*75 = $7125
Less Tennis O/H's (eqv. to cost of sales of tennis balls) = 110+850-95 = $ 865
Less other O/H's = $4700
Surplus = 7125 - 865 - 4700 = $1560. Ans is A.

26.

Method 1 :

(19600 - 15600 ) / (90-65) = Variable cost/unit of $160
15600 - (65*160 ) = $5200 is fixed cost. "OR" 19600 - (90*160) = $5200 is fixed cost. Ans. is C

Method 2:

(21200 - 19600) / (100 -90) = Variable cost/unit of $160
21200 - (100*160) = $5200 is fixed cost. "OR" 19600 - (90*160) = $5200 is fixed cost. Ans. is C

 

[zara97]

A 2 students: have u guys seen the sensitivity analysis question....they've calculated it like net profit margin???!!!

 

[David Hussey]

A 2 students: have u guys seen the sensitivity analysis question....they've calculated it like net profit margin???!!!

hmm have seen it but didnt think of it as net profit margin, guess ur right

 

[Sarah Paul]

Is sensitivity analysis very important in AS?

 

[David Hussey]

Is sensitivity analysis very important in AS?

A2

 

[Sarah Paul]

A2

Thanks