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by the exporter? [4marks]
4.List the advantages of “confirmed and irrevocable” L/C to the exporter.
payment.
3.Describe the open account method of payment. [4marks]
2.Demonstrate how each of the risks in ‘1.’ above can be minimised. [4marks]
1.In Documentary Collections terms of payment, what are the major risks faced
exchange risk. These give rise to consideration of the market, transport and
How does political factor influence Volkswagen
The amount of capital plus comprehensive income for the year less drawings is referred to as capital amount for the business,true or false
develop new topics for a seminar
ABC’s income has increased from P 20,000 to P 30,000 per month. Because of this, his consumption for fruits has increased by 20%. Compute the income elasticity and determine the type of good.
In the market of fante kenley, the supply and demand function respectively are Qs =0.25P+10 and Qd= 0.5P+100. When there is excess demand, price adjust according to the equation.
(a) Find the long run equilibrium price (that is, the price at which there is no excess demand or supply.
(b) Formulate and solve the first order differential equation given P as a function of time,t. Is this market dynamically stable or unstable.
(c). If initial price is P= 50, how close will the price be to it long run equilibrium value when t= 100.
Two transactions took place in the year which met the definition and recognition criteria
of an expense. The transaction did, however, have a distinct difference which is
highlighted below:
(i)
Transaction one resulted in the decrease of the bank account, an asset; and
(ii)
Transaction two resulted in a loan liability being created
As the accountant was confused with the conceptual treatment of the transactions, he
examined another set of financial statements, showing non-compliance with IFRS, which
treated transaction one as an expense but transaction two as the issue equity preference
shares. The accountant has therefore decided to follow this treatment but is concerned it is
not correct. Do you agree with the treatment? (4 marks)
. Use the diagram below to answer the following questions. A) In order to maximize profits, the firm will produce ______ units (show the calculation or steps). B) Calculate the firm’s profit (or loss) at equilibrium point; be sure to show your work and label your answer as profit, loss, or break even. C) Calculate the Total Revenue, Total Cost and Profit at the breakeven point. D) How much is the shut-down price? E) Calculate TR, TC and Profit at the Shutdown point. Q 300 250 100 $ S D Q P AVCATC MC50
