Homework answers / question archive / Q

Q

Accounting

Share With

Q.1 : A for joint venture with B, purchased goods costing Rs. 2,00,000. B sold the goods for Rs. 2,80,000. Unsold material costing Rs. 10,000 was taken over by A at Rs. 8,000. A is entitled to get 1% commission on purchases. B is entitled to get 2% commission on sales, profit on venture will be:
A) Rs. 80,000
B) Rs. 80,800
C) Rs. 81,200
D) Rs. 80,400

2 

Governments try to maintain the confidence of investors, business people, and consumers in their economies. Lost confidence causes companies to put off investing in new products and technologies, and to delay the hiring of additional employees. Interest rates and exchange rates play a large role in this confidence. Can central banks successfully influence these?