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explain different cost concept in shor run and long run with the help of diagram.?
Nations with corrupt police and court systems typically have lower standard of living as compared to nations with less corruption. Why might that be the case?
An investment will have an initial outlay of Rs 100,000. It is expected
to generate cash inflows. Table 1.2 highlights the cash inflow for four
years.






Table 1.2: Cash inflow
Year Cash inflow
1
40000
2
50000
3 15000
4 30000
If the risk free rate and the risk premium is 10%,
a) Compute the NPV using the risk free rate
b) Compute NPV using risk-adjusted discount rate
nations with corrupt police and court systems typically have lower standard of living as compared to nations with less corruption. why might that be the case
Q1. An accountant finds that the trial balance of his client did not tally and it showed an excess credit of Rs. 69.74. He transferred it to a suspense account and later discovered the following errors.

a) Rs. 44.37 paid to Anand has been credited to his account as Rs. 34.37.

b) A purchase of Rs. 145.50 has been posted as Rs. 154.50 to the purchases account.

c) An expenditure of Rs. 158 on repairs has been debited to the buildings account.

d) Rs. 80 was allowed by B as discount which has not been entered in the books.

e) A sum of Rs. 125.05 realised on the sale of old furniture has been posted to the sales account.

Give journal entries to rectify the errors and show the suspense account as it would appear after adjustments
Hint: Total of suspense a/c = 78.74
Explain the objectives of Statistical Average. What are the requisites of a good
average?
Q5. The following data are related to the manufacture of a standard product during the month of July 2009.


Raw materials consumed





Rs.15,000
Direct wages Rs. 9,000
Machine hours worked 900 hours
Machine hours rate Rs.5
Administrative overheads 20% of works cost
Selling overheads Re.0.50 per unit
Units produced 17,100
Units Sold 16,000 @ Rs.4 per unit
5. An analyst wants to use the Black-Scholes model to value call options on the stock of Ledbetter
Inc. based on the following data:
5. The following data represent the number of units of production per day turned out by 5 different workers using 4 different types of machines :
Machine type
Workers A B C D
1 44 38 47 36
2 46 40 52 43
3 34 36 44 32
4 43 38 46 33
5 38 42 49 39
(a) Test whether the mean productivity is the same for the different machine types.
(b) Test whether the 5 men differ with respect to mean productivity.
Discuss any two law of return with example in 350 to 400 words?
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