Other Economics Answers

If the demand function for a certain product isP=60−3,5Q,

P=60−3,5Q,

where P

P and Q

Q are the price and quantity respectively, determine the point price elasticity of demand if the price P

P equals R18.

Godfred & Sam are both at 40. At 20, Sam started saving GH¢100 per month at a bank that pays him 10% per annum towards his retirement. 10 years later Godfred opened a similar account, except that his contributions were GH¢200 at the end of each month also towards his retirement. Would you rather be Sam or Godfred?

1.price of the equipment was $275,000;qualified for an “education discount” of $25,000. paid $50,000 cash for the equipment and issued a three-month, 9 per cent note payable for the remaining balance. The note, plus accrued interest charges of $4,500, was paid promptly at the maturity date.

2.Wilmet paid sales taxes of $15,000 at the date of purchase.

3. Freight charges for delivery of the equipment totalled $1,000.+

4. Installation costs related to the equipment amounted to $5,000.

5.During installation, one of the computer terminals was accidentally damaged.It cost the college $500 to repair this damage.

6.As soon as the computers were installed, the college paid $4,000 to print admissions.

a.For each of the six numbered paragraphs, indicate which items should be included by Wilmet College in the total cost debited to its Computing Equipment account. Also briefly indicate the proper accounting treatment of those items that are not included in the cost of the equipment.

What are some of the ethical factors involved in reactive investigations? Is the use of deception a legal investigative technique? Is it ethical?  

Q is financed by equity with a market value of ZMW200 million and by debt with a market value of ZMW 45 million.The interest rate is 10% on the debt which is redeemable at par in 4 years’ time. The debt was issued at a par

value of ZMW1,000 and the book value of the debt is ZMW50 million. Q pays tax on

profit at a rate of 30% per year and tax liabilities are settled in the year in which they arise.The company asset beta is 0.85 and the equity premium is 9.5%. The interest rate on Government bonds is 7%. Find WACC using market values