Economics, Accounting & Business: Post your doubts here!

[Ebby_SaLeem]

Can somebody explain marshall lerners and J curve? :/

they are techniques used to measure the success by a devaluation of currency. Marshall Lerner is a condition that states that the devaluation of currency will only be successful if the sum of the elasticities of imports and exports are GREATER THAN 1. J curve is similar to the marshal lerner, but here, as soon as the currency is devalued, the current account goes in a deficit in the short run, but as time passes the deficit turns into a surplus in the long run! simple as that!

 

[Ebby_SaLeem]

uhmmm if someone could explain to me the diagram for quotas and how it affects consumer, producer surplus and creates deadweight loss....that be great... :/

QUOTAS are an upper limit to the amount of goods that can be imported into the country. It is a supply factor. For quota there isn't any proper diagram, just that the supply curve shifts inwards (towards the left) and becomes PERFECTLY INELASTIC (vertical sloping supply curve).

 

[ayushUcchil]

uhmmm if someone could explain to me the diagram for quotas and how it affects consumer, producer surplus and creates deadweight loss....that be great... :/

/watch?v=5cBU835MBVw
Check that video out, really helped me understand the concept. Its a youtube link, so put in youtube.com/(the extension)

 

[Crimson-Saint]

/watch?v=5cBU835MBVw
Check that video out, really helped me understand the concept. Its a youtube link, so put in youtube.com/(the extension)

exactly what i needed....thx bro xD

 

[Hasa321]

http://papers.xtremepapers.com/CIE/...AS Level/Accounting (9706)/9706_s11_qp_32.pdf
hw to do question 29?

 

[Harsh Poddar]

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[David Hussey]

mj 2013 (31)
ans is D, no idea how :/

 

[David Hussey]

same paper

ans is B , i am getting 70, which is D

ans is C
how??

 

[AlphaBeta]

View attachment 43402
mj 2013 (31)
ans is D, no idea how :/

u have to use process cost of 1 and 2 for materials
thats 4000+5000+3000+2000 = 14000

 

[David Hussey]

u have to use process cost of 1 and 2 for materials
thats 4000+5000+3000+2000 = 14000

y ddnt u take vc of 1000?

can u try the other two questions?

 

[AlphaBeta]

y ddnt u take vc of 1000?

can u try the other two questions?

PROCESS COSTING bro we have to take the process cost the whole Process 1 and add it with process 2 materials

 

[AlphaBeta]

same paper
View attachment 43404
ans is B , i am getting 70, which is D
View attachment 43403
ans is C
how??

Q28-Examiners report-
Question 28
Candidates were asked to calculate the accounting rate ofreturn in relation to a project. This involved not
only adding up the cash inflows, which was the response most candidates opted for, but deducting the
capital cost; working out the average profit and dividing this by the average investment to calculate a
percentage return
in short u FORGOT DEP

 

[:: A^]

same paper
View attachment 43404
ans is B , i am getting 70, which is D
View attachment 43403
ans is C
how??

Q23- It is C because, if materials are limited, you will want to know how much you can produce before you move onto other budgets.
Basically, without knowing how much to produce, you will not know how much to purchase, how much overheads will be incured, and how much cash will be paid..

 

[CЯeScɘnt]

Q23- It is C because, if materials are limited, you will want to know how much you can produce before you move onto other budgets.
Basically, without knowing how much to produce, you will not know how much to purchase, how much overheads will be incured, and how much cash will be paid..

where cash and cash equivalents come in cash flow statement?

 

[:: A^]

Can someone explain how its C?
O/N/2012 V32

 

[:: A^]

where cash and cash equivalents come in cash flow statement?

Not cash flow.. Cash budget this is.

 

[CЯeScɘnt]

Not cash flow.. Cash budget this is.

No, im asking generally.

 

[:: A^]

No, im asking generally.

At the end.. After Increase/Decrease in cash and cash equivalents

 

[CЯeScɘnt]

At the end.. After Increase/Decrease in cash and cash equivalents

oh! JazzakAllah

 

[David Hussey]

Q28-Examiners report-
Question 28
Candidates were asked to calculate the accounting rate ofreturn in relation to a project. This involved not
only adding up the cash inflows, which was the response most candidates opted for, but deducting the
capital cost; working out the average profit and dividing this by the average investment to calculate a
percentage return
in short u FORGOT DEP

-.- v have to calculate dep for the project?