Managerial Economics & Financial Accounting

Define Managerial Economics with its Nature and Scope.

Discuss in brief Demand, Law of demand and Demand Elasticity of Price.

What do you mean by production function?

Differentiate perfect competition market and monopoly market.

Discuss in brief different Financial Statement.

Describe National income and its different concepts. and measurement.

Explain different kinds of elasticity of demand and degree of price elasticity of demand.

Explain the law of variable proportions with appropriate diagrams.

Explain different types of cost concepts.

What do you mean by Capital budgeting techniques.

Explain Monopolistic and Oligopoly market structure with their characteristics.

How Price and Output can be determined under perfect competition market.

Explain laws of returns to scale with appropriate diagram.

Explain different kinds of capital budgeting techniques.

What is fund flow analysis?

What do you understand by scale of production?

Describe demand function.

Explain law of supply.

Define managerial economics.

Interpret the use of balance sheet highlight it with example.

The following figures relates to trading activities of shipra Ltd for the year 31st March 2023 : | | Rs. | | Rs. | |---|---|---|---| | Sales | 10,00,000 | Administrative expenses : | | | Purchases | 7,00,000 | Salaries | 30,000 | | Closing stock | 1,40,000 | Rent | 6,000 | | Opening stock | 1,10,000 | Stationery and postage | 2,000 | | Sales return | 40,000 | Depreciation | 10,000 | | Selling and distribution expenses : | | Other charges | 20,000 | | Salaries | 18,000 | Provision for taxation | 70,000 | | Advertising | 7,000 | Non operating income : | | | Travelling | 5,000 | Dividend received | 18,000 | | | | Non operating expenses : | | | | | Loss on sale of shares | 3,000 | Prepare statement of profit and loss under as per part II of schedule II of companies act, 2015.

Discuss balance sheet and its importance with a suitable example.