Economics, Accounting & Business: Post your doubts here!

[shanky631]

CAN ANY ONE HELP ME QUESTION NUMBER 9,13AND14

Hii, the answer of 14 is C bcoz company's valuation of stock is always at a lower value. In this case, it is cost price. So we need the convert the invoice price into cost price using the concept of mark up and margin. The answer 40000 is deducted from 200000 to give 160000. Then this answer is added the cost of goods in warehouse to give the final answer as 460000. Hope it helps.

 

[Mohammad Taymur]

i applied this formula but it was wrong
i used in P43 oct/nov 2011 qns 2!
you can check if you want coz this formula doesn't work there!

for income gearing it is 686/225=3.0 times for 2011 and for 2010 it is 486/80=6times

 

[Mohammad Taymur]

i applied this formula but it was wrong
i used in P43 oct/nov 2011 qns 2!
you can check if you want coz this formula doesn't work there![/quot

GEARING%= LONG TERM LIABILITIES/CAPITAL EMPLOYED*100

 

[student92]

ummm wat are the examiner tips ??
the ers usually have tips and key points for candidates to focus on !

please find attached examiner tips for bus and act,
i meant similar file for economics.
thanks

 

[mariam_anwar]

i hav posted for economics

I Dun need eco guess paper for p2
i need gues paper for eco p4 ... help me out pls if u have ...

 

[parthrocks]

hello eveyone.....can someone plzzz tell me what does ARA MEAN IN Business studies paper 2 marking scheme???confused

 

[shanky631]

what is the effect of a tariff??. does it cause a shift in the demand curve of consumers or supply curve of foreign importers? can someone plz help me out.

 

[shanky631]

hello eveyone.....can someone plzzz tell me what does ARA MEAN IN Business studies paper 2 marking scheme???confused

It means "All Relevant Answers"

 

[student92]

http://upload.wikimedia.org/wikipedia/commons/4/4d/EffectOfTariff.svg


a tariff shifts the supply curve vertically upwards, as demonstrated in this diagram

 

[parthrocks]

It means "All Relevant Answers"

thank u

 

[shanky631]

http://upload.wikimedia.org/wikipedia/commons/4/4d/EffectOfTariff.svg


a tariff shifts the supply curve vertically upwards, as demonstrated in this diagram

hey dude, but it is not a cost for foreign producer. right???

it has to be borne by the one importing.

 

[student92]

hey dude, but it is not a cost for foreign producer. right???

it has to be borne by the one importing.

Yes. But it does effect them. Now a lower quantity is imported. Lower revenue for them

 

[shanky631]

Yes. But it does effect them. Now a lower quantity is imported. Lower revenue for them

thanks dude

 

[cheesww]

Accounting
when a company revalues its buildings upwards
wat r the effects on gearing nd return on capital ?

 

[Mohammed Hassan]

plz may someone help me out in this question,
the answer is B.. why :S?
thnx in advance

 

[student92]

http://www.xtremepapers.com/CIE/International A And AS Level/9706 - Accounts/9706_s08_qp_1.pdf
please help in q19.

 

[student92]

plz may someone help me out in this question,
the answer is B.. why :S?
thnx in advance

applying prudence concept, value stock at lower of cost or net reliable value,
so 22-14= 8
so it is lower than cost, so answer is b

 

[Mohammed Hassan]

http://www.xtremepapers.com/CIE/International A And AS Level/9706 - Accounts/9706_s08_qp_1.pdf
please help in q19.

the answer is A, see, the company made a bonus issue of one for one, which means that the ordinary shares which are 200000, increase by 200000.... and the right issue of 100000, increased the ordinary shares to 500000
we used the share premium available ( which is $80000 ) to pay the 2000000 shares of the bonus issue, but it was insufficient, so we used the revenue reserves too, so the balance of the share premium is zero now and the revenue reserves are now 40000 ( 200000 - 800000 - 1200000 = 0 ) and therefore, we paid the bonus issue....
now for the right issue, $0.40 * 100000 = 40000 which will go to the share premium account, making an increase to the balance ( which was zero ) to be 40000

hope that was helpful :/ and understandable...

 

[Mohammed Hassan]

applying prudence concept, value stock at lower of cost or net reliable value,
so 22-14= 8
so it is lower than cost, so answer is b

thnx understood

 

[Mohammed Hassan]

another question guys :S plz help!
why the answer is B??
thnx in advance