Economics Answers

Mr. Shil Wants to record the financial transactions of his newly started business.
Discuss what accounting steps/stages he need to adhere so that the transactions can be duly
recorded and processed in order to prepare the financial statements.

Wildcat Ltd, a manufacturing company sold a machinery for Rs 8 lacs at the year end.
The company had purchased the machinery four years back for Rs 15 lacs and had
depreciated the same using written down value method of depreciation @ 20%.
As an accounts executive of Wildcat Ltd, calculate the WDV of the asset for the four
years, accumulated depreciation for four years and profit/loss on sale, if any.

Calculate the following:


Quantity Cost
25
26
27

Total Fixed Cost
10
10
10

Total Variable Cost
18
20
21

Total Cost
?
?
?

Average Cost
?
?
?

Marginal Cost
?
?
?

M/s Paper Write Corporation problems don’t seem to end. The company doesn’t use modern
day technology in the departments. Some observations made by Ajay are:
a) The company uses register for employee attendance.
b) The company has a manual process of writing entry in the books of accounts.
c) The leaves are applied on paper which has a lengthy process of approval.
d) All the orders are sent through hard copies to the suppliers.
e) The inventory management is not practiced effectively due to the lack of usage of
technology.
Advise any 5 modern day technologies which will make the system more productive and
effective. Explain the same with description.

Fresh milk startup Country Delight has raised $7-10 million in a Series B funding
round led by venture capital firm Matrix Partners. The company claims to source milk
directly from the farm, eliminating the middle men and allowing farmers to earn a premium.
It also invests in cold chain and quality testing infrastructure at the farmer’s location. The
company offers other milk-based products including paneer, curd and ghee through its
mobile app. How do you think technology can help this startup in improving the dairy supply
chain from process management to tracking products and deliveries?

(Source: https://www.livemint.com/companies/start-ups/country-delight-raises-funding-inround-led-by-matrix-partners-1548182312046.html)

what are the differences between The Ramsey–Cass–Koopmans model and the Solow–Swan model ?

An economy is defined by
C= 400+0.4(Y-T)
IP= 200
NX= 40
T=0
Y*=1500
Calculate autonomous expenditure, multiplier, short run equilibrium and output gap.

What are the main costs and benefits that an airline company has to take into account when making a decision on selling more tickets for a flight than the number of seats on the airplane

How will you promote the Brand Balwaan Gyms and Akhadas online? Explain five
platforms that you will use to promote the same

List and discuss the major bases for segmentation of consumer markets. Explain the four
variables in detail for Balwaan.