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National income unit 1
Economics
answered on 23-Feb-21 21:39
Application oriented questions: sum 6 C+I+G+(X-M) = GDPmp But, in the given answer why they are representing it as NDPmp
latest answer
Whether C+I+G+(X-M) is Gross or Net depends on the investment (I). If investment is net of depreciation then NDPmp otherwise GDPmp.
Kalaiarasi S
CA Inter
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1
615
Final Dividend after bonus /right
Accountancy
answered on 23-Feb-21 21:28
If final dividend (suppose 20%) is received after the issue of bonus shares and/or eight shares, then Will the value of shares on which 20% is calculated include bonus and/or right shares? Eg. Opening bal. = 20,000 shares Bonus (1:2) = 10,000 shares Right (1:3) = 10,000 shares Now, Final Dividend is declared and received @ 20%. This 20% will be on original 20,000 shares or total 40,000 shares?
latest answer
It depends on how company declares dividend. If nothing is mentioned, all shares held on record date qualify for dividends.
Ishika Goel 282
CA Final
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1
603
Ca inter fm eco Feb exam question
Economics
answered on 23-Feb-21 19:14
Please can say what's the answer of this question
latest answer
Govt. Exp is up by 6 billions This means, there is increase in income by 6 billions. Multiplier (m) = 1 / (1- MPC) = 1 / (1- 0.8 ) = 5 Also, m = Change in C / change in Y Change in C = 5 x 6 billions = 11 billions Therefore, GDP will increase by 11 billions.
Laxman kumar
CA Final
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1
661
Cost of retained earnings.
Financial Management
answered on 25-Feb-21 08:25
I have attached the question and my calculated answer as two separate images. Is that way correct? If so, Why isn't it calculated that way?
latest answer
30% tax is on income 3% brokerage is on the total fund. You combined which leads to an incorrect answer 10% x ( 1-0.3) this is correct - 7% is return on total capital 3% is also on total capital and not on the return So it should be 7% - 3% and not 7% X ( 1-3%)
Raja Raman
CA Inter
★ 0
1
777
Doubt regarding AICITTS
Others
answered on 24-Feb-21 10:19
When should we go for AICITTS, after Articleship or before Articleship??
latest answer
Ok Sir, Thank You
Sreelal Sreenivasan
CA Inter
★ 0
2
583
Ni act
Corporate & Other Laws
answered on 23-Feb-21 16:59
Why bearer bill of exchange on demand cannot be issued?
latest answer
Super explaination and understood clearly....
Star Ca
CA Inter
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2
1K+
Guarantee contract
Corporate & Other Laws
answered on 23-Feb-21 22:26
What is the provision and solution for below example
latest answer
Thank you sir.... understood
Star Ca
CA Inter
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2
757
Parties to cheque
Corporate & Other Laws
answered on 24-Feb-21 12:04
Why is the drawerâ??s liability primary and conditional?
latest answer
(1) Primary liability: Drawer draws the cheque in favour of payee to pay for some direct transaction between them. In case of cheque, the drawee is a bank. However, the bank does not have any direct responsibility towards the payee for any transaction. Bank is only acting as intermediary between drawer and payee. (2) Conditional liability: Drawer will be liable only if there are insufficient funds in his account in the drawee Bank or the cheque gets bounced. However if there are sufficient funds in the bank account and yet the payment is not properly made to the payee then the drawer will not be liable but the drawer bank will be liable.
Aman Mahajan
CA Final
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2K+
ITC
Indirect Taxation
answered on 04-Mar-21 13:14
I have applied for GST registration for my malt based agency and I got my GSTIN... Now I want to buy a car for transportation of goods ( Business purpose...How to claim ITC?? purchase a car using my gstin ....so that my electronic credit ledger credited with ITC Or Submit a Form ITC 01
latest answer
Quote GSTIN
Suryakanthi Sornalatha T
CA Inter
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4
838
GDP
Economics
answered on 23-Feb-21 10:59
In GDP depreciation also add Here depreciation I can't understand why we add
latest answer
Depreciation isn't included in the calculation of GDP. It's included in Net Domestic Product (NDP), where it subtracts from the total. Depreciation is the amount of money that it lost due to the wear and tear on its machines which are used for producing products to be sold. (Business income) Gross domestic product = Employee Compensation + (Indirect taxes - subsidies) Net operating surplus on businesses + Depreciation (or Capital Consumption Allowance)
Nivetharaman Raman
CA Foundation
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664