RTUEE / EC / EEEYr 2022 · Sem 3

Managerial Economics & Financial Accounting

20 questions

Q32 marks

Explain the relationship b/w Average cost and Marginal cost with the help of a diagram.

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Q62 marks

Distinguish between consumer goods and capital goods. Which of these are final goods?

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Q92 marks

Distinguish between stock and flow with examples.

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Q14 marks

"Economics is an art" Explain. Also explain the basic economic activities of an economy.

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Q24 marks

Explain briefly any three factors which lead to 'Decrease in Demand'.

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Q34 marks

Explain the relationship between ATC, AVC and MC with a suitable example.

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Q44 marks

"Under perfect competition the seller is a price taker whereas under monopoly he is the price maker". Explain.

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Q54 marks

How will you calculate cash flows from operating activities by direct/indirect method? Explain with example.

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Q110 marks

The following trading and profit & loss Account of Fantasy Ltd. for the year 31/3/2000 is given below. | Particular | Rs. | Particular | Rs. | |---|---|---|---| | To opening stock | 76,250 | By sales | 5,00,000 | | " Purchases | 3,15,250 | " Closing stock | 98,500 | | " Carriage & Freight | 2,000 | | | | " Wages | 5,000 | | | | " Gross profit b/d | 2,00,000 | | | | | 5,98,500 | | 5,98,500 | | To Administratin expenses | 1,01,000 | By Gross profit b/d | 2,00,000 | | " Selling & Dist expenses | 12,000 | " Non-Operating incomes : | | | " Non - operating expenses | 2,000 | " Interest on securities | 1,500 | | " Financial Expenses | 7,000 | " Dividend profit on shares | 3,750 | | Net profit c/d | 84,000 | " Profit on sales of shares | 750 | | | 2,06,000 | | 2,06,000 | Calculate: 1. Gross profit Ratio. 2. Expenses Ratio. 3. Operating Ratio. 4. Net Profit Ratio. 5. Stock turnover Ratio.

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Q210 marks

What are the capital budgeting techniques explain with suitable example.

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Q310 marks

When the price of a commodity is Rs. 20 per unit, its quantity demanded is 800 units. When its price rises by Rs. 5 per unit, its quantity demanded falls by 20%. Calculate the price elasticity of demand. Is its demand elastic? Give reason for your answer.

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Q410 marks

Given below is the cost schedule of a firm. Its Average Fixed cost is Rs. 20 when it produces 3 units | Output (Q) units | 1 | 2 | 3 | |---|---|---|---| | Average variable cost (AVC) (Rs.) | 30 | 28 | 32 | Calculate its Marginal cost and Average total cost at each given level of output.

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Q510 marks

Describe the steps involved in the estimation of National Income by income method. State any two precautions that must be taken while estimating national Income by this method.

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