Q.1 Prepare BRS as on 31st July 2011 (1) Balance as per Cash Book is Rs. 25,000 as on 31st July 2011..
(2) Cheques for Rs. 15,000 were deposited into the Bank in the month of July but only
cheques for Rs. 11,000 were credited by the bank till 31st July 2011.
(3) Cheques issued for Rs. 13,000 in July, out of which a cheque for Rs. 3,800 was presented
for payment on 3rd August.
(4) Bank charged Rs. 50 as Bank charges and credited interest of Rs. 370.
(5) A customer directly deposited Rs. 1,550 in firm's bank A/c.
(6) Bank paid the Insurance Premium of Rs. 1,200 as per standing instructions on 25.07.2011.​

The market for corn in country a is highly competitive. at the current market price of $5/bushel there is a shortage of 100,000 bushels of corn in this country. media reports claim that the price of corn will rise drastically in the near future. according to these reports, the neighboring country b had witnessed a similar situation recently. at the same price, the shortage in country b was also 100,000 bushels and eventually the equilibrium price in b went up to $10/bushel. both countries are known to have equal number of corn producers and the market supply of corn is identical at all prices. this, combined with the fact that consumers in the two countries also have similar tastes and preferences, led the media to conclude that the price of corn in country a would soon be as high as $10/bushel. the new equilibrium price turns out to be below $10/bushel, what inferences can be drawn?

Gary becker's controversial the economics of discrimination concludes that price discrimination has no effect on final profits. price discrimination benefits monopolies. labor discrimination in hiring results in more efficient allocations of production. discrimination in hiring practices has no effect on final profits. labor discrimination harms firms that practice it due to increased labor costs. price discrimination harms monopolies, which refutes over two centuries of economic theory.

After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of schenkel enterprises. unfortunately, you will be the only person voting for you. the company has 375,000 shares outstanding, and the stock currently sells for $40, if there are four seats in the current election, how much will it cost you to buy a seat?