Closing stock is always valued at cost or market price which is ___________
(a) more
(b) less
(c) zero
(d) equal
1 Answers
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At the market price of Rs.10, a firm supplied 4 untis of output. The market price increases to Rs.30. The price elasticity of supply is 1.25. What qua
`{:(" P 10"),(" P"_(1)" 30"),(ulbar(DeltaP" 20")):}" "{:("Q 4"),("Q"_(1)" ?"),(ulbar(DeltaQ" ?")):}` `P.e_(S)=(P)/(Q)xx(DeltaQ)/(DeltaQ)" or "1.25=(10)/(4)xx(DeltaQ)/(20)` `1.25xx8=DeltaQ` `DeltaQ=10.00=10" units"` `DeltaQ=Q_(1)-Q" or "10=Q_(1)-4` `10+4=Q_(1)` `Q_(1)=14` units
2 Answers 1 views
Calculate the Net Value Added at Factor Cost: (i) Goods and services tax 25 (ii) Consumption of ifxed capital 5 (iii) Closing stock 10 (iv) Corporate
`NVA_(fc)=vi+iii-v-vii-ii-i` `=540+10-20-140-5-25` =rs 360 lakh.
2 Answers 1 views
Calculate the Gross value Added at Market price: (i) Goods and services tax 40 (ii) Consumption of fixed capital 15 (iii) Closing stock 20 (iv) Sales
`GVA_(mp)=iv+iii-vii-vi` `=700+20-10-400` =rs 310 lakh.
2 Answers 1 views
From the following data, calcualte value added by firm X and by firm Y: (i) Closing stock of firm X 20 (ii) Closing stock of firm Y 15 (iii) Opening s
VA by X=v+i-iv-vi-ix =300+20-5-100-50 =rs 165 lakh V.A. by `Y=viii+ii-iii-vii` `=250+15-10-80` =rs 175lakh
2 Answers 2 views
Calculate net value added at factor cost: (i) Subsidies 5 (ii) Sales 500 (iii) Intermediate consumption 200 (iv) Closing stock 40 (v) Consumption of f
`NVA_(fc)=ii+iv-vii-iiiv-vi+i` `=500+40-50-200-60-30+5` =rs 205 crore.
2 Answers 1 views
Calculate the gross national product at factor cost the following data: (i) Net domestic fixed capital formation 350 (ii) Closing stock 100 (iii) Gove
`GNP_(fc)=viii+iii+(i+vi+ii-v)+vii+x.-iv` `=1500+200+(350+50+100-60)+(-10)+(-10)-50` `=1500+200+440-10-10-50` =rs 2070 crore.
2 Answers 1 views
Calculate Gross Domestic Product at market price from the following data: (i) Consumption of fixed capital 50 (ii) Closing stock 40 (iii) Private fina
`GDP_(mp)=iii+vii+(x+i)+(vi-viii)` `=500+200+(300+50)+(25-40)` `=500+200+350+(-15)` =rs 1035 crore.
2 Answers 1 views
Gross National Product at market prices of an economy is ₹ 65 , 000 crores . The capital stock of the economy is valued at ₹ 1, 20 , 000 crores , whic
Correct Answer - National Income = ₹ 48 , 000 Crores
2 Answers 2 views
Closing Stock is valued at cost or market price whichever is more.
This statement is False. Closing stock is valued at cost or market price whichever is less. It is based on the theory of anticipated profit is not brought with the account...
2 Answers 1 views
SQL is Structured Query Language, which is a computer language for ___________, ___________ and ___________ data stored in a relational database.
(B) Storing, (C) Manipulating, (D) Retrieving
2 Answers 1 views