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explain the relationship between the effectiveness of monetary policy and the intrest elasticity of investment
ii) Determine the price of a European put option on a non-dividend paying stock when the stock price is sh. 69, the strike price is sh. 70, the risk-free rate is 5% per annum, the volatility is 35% per annum, and the time to maturity is three months?
a) Distinguish between warrants and convertible securities
The monthly profit of Sweet Chew Chocolate Ltd. is represented as a function of monthly sales S in units of the small size bar x, and the big size bar y sold each month. Specifically, the function is of the form: S = a x² + by? + cxy (where a, b and c are constants). Observations in recent past indicate that monthly sales were: €50,950 when 500 and 1,000 units of small and large bars respectively were sold; £377,500 when 1500 and 2,500 units respectively were sold; and £603, 300 when 2,000 and 3,000 units respectively were sold. Determine: (a) Sales function (b) Sales when 1,000 and 2,000 units of small and large bars respectively are sold.

Explain, with the aid of a graph, the short run equilibrium position of a firm

operating in the monopolistic competitive market structure”.  



Accounts for which the ending balance for one fiscal period is the opening balance for the next are called temporary accounts.
True or False
What should you do before producing a Statement of Cash Flows report?
A. Receive all payments
B. Pay all bills
C. Deposit all funds
D. All of these options

Use a graph to illustrate and explain the individual supply of labour curve.in your answer describe the forces that determine the form(shape) of the individual supply of labour curve


As at the 1/1/2004 stock of finished goods at market value GHS 4200 (in units 300

transferred at cost plus 20%) during the year unit started were 4000 but completed

units were 3800 and were transferred to warehouse at cost plus 20%. Total direct

cost and total indirect cost on all the 4000 units at production centers were GHS85,

000 and GHS45,000 respectively. Opening stock of work-in-progress was 400

units valued at the factory cost of GHS6, 000, and the value of the work-in-progress

at the close of the year was GHS2000.unit sold during the year was 3300

respectively. You are required to determine the following:

A. Manufacturing profit

i. Total Manufacturing profit realized during the period

ii. Total Manufacturing profit created during the period

iii. Total Manufacturing profit created during the period and realized




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