Economics, Accounting & Business: Post your doubts here!

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MnMz

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Bushrafareed

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no they both don't have the same effect purchase return is deducted from purchase in cost of goods sold and sales return from sales , so if you see the effect of purchase return it's actually added
MnMz said:
Because they are in the trading account and because sale return and purchase returns both have the same effect...they get deducted...so it wouldnt matter if it was sales returns mistaken with purchase returns or vice versa! =)
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MnMz

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memyself

memyself

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Saad Ghori said:
Material now costs 10, so the cost of material would be 15. But you need to deduct the revenue from like we do in process costing. Which will 2*0.5=1
So the answer is 14.
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oh now i get it. thanks. last questiion please. same paper q 20
 
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wajiman

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zarasattar said:
Need help urgently!
1) Formula for shareholder's capital?
2) http://www.xtremepapers.com/papers/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s11_qp_31.pdf No. 11, 21, 25 and 28
3) June 02- no. 13.

Please help me out! :(
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1) did not understand this question
2) no.11 we take profit after tax not after dividend as we are not given preffered stock as well as its dividend and divide it by no:eek:f shares in issue that is 150/0.5=300 and you 0.23333*100= 23.33%
no.21: its B reason budgets tell us the profits and expenses that might occur and business can create provisions and plans on how to manage them
no.25: C, as we are given budgeted data, we will divide variable cost on budgeted production and get per unit cost, next take 10% of the sales and divide it by 5000 units you will get per unit cost add it in the variable cost and viola per unit cost calculated.
no.28: its C,

first calculate depreciation 160 - 20/4 = 35,000
yearly inflow, 64 - 14 = 50
yearly profit, 50 - 35 = 15
average profit = 15*4/4 = 15
average investment = 160 + 20 (residual value)/2 = 90

Arr = average profit/average investment *100
15/90*100 = 16.667%

3) pls provide that paper

feelin sleepy good night all and best of luck
 
WaleedUQ

WaleedUQ

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Guys quick remainder
Go and read about flexed budgets
directors report
IAS all
uses of cashflows
standard costing advantages and features plus purpose
marginal costing advantages and features plus purpose
same for Appraisal
One new method from IRR by linear equation
y= mx + c
for exp at 10% inflation rate ( 10, 1000) at 20% inflation rate ( 20, (1500))
find gradient = -250
y= -250x + c
now find C put any coordinate of ur choice
10 000 +250(10)=c
c=3500
now assume ( X (I.R.R) , Y )
Y= 0
X= i.r.r
so 3500/250 =14% I.R.R
use the formula too u'll get the same ans
 
memyself

memyself

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WaleedUQ said:
Guys quick remainder
Go and read about flexed budgets
directors report
IAS all
uses of cashflows
standard costing advantages and features plus purpose
marginal costing advantages and features plus purpose
same for Appraisal
One new method from IRR by linear equation
y= mx + c
for exp at 10% inflation rate ( 10, 1000) at 20% inflation rate ( 20, (1500))
find gradient = -250
y= -250x + c
now find C put any coordinate of ur choice
10 000 +250(10)=c
c=3500
now assume ( X (I.R.R) , Y )
Y= 0
X= i.r.r
so 3500/250 =14% I.R.R
use the formula too u'll get the same ans
Click to expand...

hey whats the difference between flexed and flexible budget?
 
redapple20

redapple20

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WaleedUQ said:
Guys quick remainder
Go and read about flexed budgets
directors report
IAS all
uses of cashflows
standard costing advantages and features plus purpose
marginal costing advantages and features plus purpose
same for Appraisal
One new method from IRR by linear equation
y= mx + c
for exp at 10% inflation rate ( 10, 1000) at 20% inflation rate ( 20, (1500))
find gradient = -250
y= -250x + c
now find C put any coordinate of ur choice
10 000 +250(10)=c
c=3500
now assume ( X (I.R.R) , Y )
Y= 0
X= i.r.r
so 3500/250 =14% I.R.R
use the formula too u'll get the same ans
Click to expand...
Kia bakwaaas hai ye y=mx+c huh? Huh? Huh?o_O
 
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