Search & Filtering
Output units Total cost R
0 100
1 110
2 130
3 166
4 220
5 300
The average variable cost of the fifth unit is___________
Total units total cost
0 100
1 110
2 130
3 166
4 220
5 300
The average fixed cost of the fifth unit is_____
A consumer buys 80 units of a good at price of ₹5 per unit. Suppose price elasticity of demand is (-) 2 . At what price will he buy 64 units?
(b) The following equations describe an economy being
measured in billions and I as a 5 percent interest rate.
C=0.8(1-t)Y, t=0.25, I=900-50i, Ḡ=800, L=0.25Y-62.5i,
Ḿ/Ṕ=500.
(i) What is the equation that describes the IS curve.
2mks
(ii)What is the equation that describes the LM curve
II. Directions: Based on the following amounts of Lychee Company, prepare a cash flow
statement for the year ended 2020.
Cash balance, January 1, 2020 ₱ 300,000
Decrease in accounts receivable 85,000
Interest expense 55,500
Proceeds from sale of equipment 130,000
Payment of equity financing 65,000
Decrease in accounts payable 54,000
Increase in inventory 118,000
Proceeds from issuance of long-term bonds payable 250,000
Increase in salaries payable 125,000
Income tax expense 49,000
Payment for purchase of equipment 280,000
I. Directions: Determine whether each of the following activities are operating, financing or
investing in nature.
1.Payments for purchases of inventories
2.Payment for current taxes
3.Sale of land owned by the entity with double revaluation surplus
4.Proceeds from long-term borrowings
5. Revenue from services
6. Payments for machineries bought from supplier
7. Repayment of long-term loans payable
8. Purchase of long-term investment from other company
9. Proceeds from sale of franchise
10. Payment of income tax expenses
The table shows units of output, value of output and number of people employed in an industry over three years, what can be concluded from the table?
THE BOATYARD LIMITED
DRAFT TRIAL BALANCE AT 31 DECEMBER 20X6
Debit
Credit
Ordinary share capital
2,000,000
Retained earnings
1,592,500
Land: Cost
5,000,000
Office equipment: Cost
1,100,000
Office equipment: Accumulated depreciation
550,000
Motor Vehicles: Cost
2,000,000
Motor Vehicle: Accumulated depreciation
800,000
Accounts receivable
675,000
Inventory
2,225,000
Cash and Bank
1,477,500
Borrowings
5,600,000
Accounts payable
760,000
Sales
9,125,000
Cost of Sales
5,475,000
Salaries expense
905,000
Bad debts expense
62,500
Marketing Expense
100,000
Depreciation: Motor vehicles
400,000
Depreciation: Office equipment
275,000
Repairs and maintenance
30,000
Travel expense
82,500
