ACCT1501 Homework
� This week�s readings: 4: pp 168-89, 5, HEM � 200-5
� Next week�s readings: Chp 2, Ch5, appendix
� Tutorial Questions:
1. T&G 4.21

2. T&G 5.15
� Prep Questions:
1. T&G 4.9, part 4
2. T&G 4.13, parts 4-6
3. T&G 4.20
4. T&G 5.12
5. T&G 5.14
6. T&G 5.8
� Revise.
� Fix accounting practice ledgers

POLS1017 Homework
� This week�s readings: Txtbk � 233-294, reader w5
� Next week�s readings: Txtbk � 323-351, reader w6
� Tutorial Questions:
- Was the Cold War inevitable? What were its political, ideological, economic and strategic dynamics?
- Was the Cuban missile crisis handled well by US and Soviet leaders? Could it have led to a nuclear holocaust, and why?
� Transcribe lecture of minor essay week.
� Figure what question to use for minor essay and get some research done on the weeks!

ECON1101 Homework
� This week�s readings: Txt 5, 6, 7
� Next week�s readings: Txt 9
� Discussion Question 7:
Use the Supply and Demand model to illustrate the effects on competitive market equilibrium, of the imposition of a per unit indirect (sales) tax on a particular commodity.
Explain the factors that determine the amounts by which the equilibrium price and quantity of the commodity will change as a result of the imposition of the tax. Use your model and your knowledge of economic theory to consider the following questions:
a) Suppose an indirect tax is levied on an across the board basis, at an equal proportionate rate on all goods and services. Will the tax result in an equal proportionate increase in the market prices of all goods and services?
b) Will the imposition of an equal across the board sales tax be neutral in its effect on the pattern of consumption demand? Does such a tax affect consumers equally?
c) Suppose the government decides to limit the imposition of indirect taxes to particular commodities. If indirect taxation is levied on particular commodities, to what type of commodities should it be applied? What criteria should governments use in apply indirect taxation?
� Discussion Question 8
Use a diagram like Figure 7.8 of the text to illustrate and explain the �deadweight loss� from the imposition of a tariff on the imported substitute for a domestically produced product. Use your diagram to compare the effect of the tariff with a policy of providing the same benefits to domestic producers by means of a taxpayer funded per unit subsidy.

� Review Questions
1. The demand curve for a product is given by the equation
Qd = 600 � 40 P
If the price of this product were to fall from $5 to $4, calculate the quantity demanded at each price and the gain in consumer surplus resulting from the price fall
2. Text Chp 5 Q5, 6
3. Use the Supply and Demand model to analyse the effect of the setting of a minimum support price for an agricultural product (set above the competitive market price.) The government buys up any excess supply at the support price and dumps it in the ocean. Use your diagram to illustrate the �deadweight loss� from this policy.

ECON1202 Homework
� This week�s readings: KZB 8.3, HPW 8.1 -8.2,
� Next week�s readings: HPW 8.5-8.7, CM 8, HPW 6.1-6.3, JS 4.1-4.4
� Tutorial Questions:
1. A car is purchased for $56000. If the constant percentage method of depreciation is used with a rate of 20% p.a,
a) What is its book value after 7 years?
b) What amount of depreciation is charged in year 8?
2. KZB 8.4 Problem 10
Equipment costing $30000 is estimated to have a useful life of 20 years and a scrap value of $4000. The depreciation schedule is prepared using the sinking fund method at 10% p.a. Find:
a) The amount in the sinking fund at the end of 10 years
b) The book value of the asset at the end of 10 years
c) The depreciation expense for the eleventh year.
3. HPW 8.2. Problem 25, p. 401
4. HPW 8.1 Problem 8, p.389
5. HPW 8.1. Problem 21, p 389
6. A television station must schedule four programs for a particular night and has to decide which programs to show and the order in which they will run. The station has eight programs from which to choose. How many possible schedules are there?
7. HPW 8.2, Problem 37, p.402
� SELF STUDY QUESTIONS
1. Computer equipment costing originally $ 25,000 is depreciated over 5 years using the straight-line method. The residual value after 5 years is $3000. Calculate (a) the annual amount of depreciation (b) the book value of the equipment after 3 years.
2 A dentist buys a piece of equipment for $20,000 and expects to be able to resell it in 5 years� time for $8,000 when he will upgrade to a newer model. He uses the constant percentage (or declining balance) method to depreciate the equipment, with a rate of depreciation which yields a book value equal to $8,000 at the end of 5 years. Calculate the depreciation for the fourth year after purchase of the equipment, the book value at the end of three years, and the accumulated depreciation at the end of three years. (Calculate the annual rate of depreciation correct to 4 decimal places).
3. A company uses the constant percentage (or declining balance) method to depreciate a machine bought for $265,000 at a rate of 15% p.a. Draw up a depreciation schedule for the first three years showing depreciation charged for each year, book value at the end of each year and accumulated depreciation.
4. HPW 4.5, Problem 70, p.212
5. HPW 8.1, Problem 29, p.389
6. HPW 8.2, Problem 38, p.402
7. HPW 8.2, Problem 34, P.401
8. HPW 8.2, Problem 15, p.400