Westeros Middle-Earth Dragon Blood Tree Resurrection Plant Dragon Blood Tree Resurrection Plant 0 135 0 75 50 90 5 50 100 45 10 25 150 0 15 о Using the table above calculate: #1. The opportunity cost for 1 dragon blood tree in Westeros #2. The opportunity cost for 1 resurrection plant in Westeros #3. The opportunity cost for 1 dragon blood tree in Middle-Earth #4. The opportunity cost for 1 resurrection plant in Middle-Earth Assume that in autarky Westeros is producing 100 Dragon Blood Trees and 45 Resurrection Plants, while Middle-Earth is producing 10 Dragon blood tress and 25 Resurrection plants. Illustrate, using the theory of comparative advantage, if there are any gains from specialization and trade in the production of dragon blood trees and resurrection plants. If there are no gains from trade answer NA on the blank. Keep one decimal place 5.1 Gains from trade for dragon blood trees 5.2 Gains from trade for resurrection plants |

Q: Define T- account.

A: Transaction:   It is an economic event that is recorded in the accounting system of an organisation.…

Q: Briefly explain last-in, first-out (LIFO)

A: Last-in-First-Out (LIFO): In this method, items purchased recently are sold first. So, the value of…

Q: Describe about the LIFO and FIFO method.

A:

Q: briefly explain what is meant by breakven points

A: Cost accounting is the part of accounting that helps in determining the total cost of production. It…

Q: Show how to insert formula in excel

A: Perpetuity: It is a stream of cash flow that is presumed to continue for an indefinite period.

Q: can you please type out the equation

A: Solution:- When an equal amount is saved each period at end of period, it is called ordinary…

Q: Explain an example of internal users.

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

Q: Please explain the calculation of C transactions

A: Retirement of bonds means the bonds which was issued earlier are retired. In simple, the amount is…

Q: Which function in excel did you use

A: The concept of time value of money will be used here. The amount needed today will be the sum of…

Q: Can you please write out the equations

A: Present value of annuity is the current value of the future payments that are calculated using the…

Q: What is a data dictionary, and what purpose does it serve?

A: Return on investment (ROI):   Return on investment evaluates how efficiently the assets are used in…

Q: Explain an example of source documents.

A: Source documents: The documents which contain evidence of accounting data to record the transactions…

Q: Describe the features of JIT.

A:

Q: What is skimming?

A: Skimming: It is the fraudulent process under which the employees of the company steal the cash from…

Q: How can forwardrates be used for hedging purposes?

A: SOLUTION:- Risk management is the main stimulus for forward contracts. Forward contract is a…

Q: Define call protection

A: A financial instrument that does not affect the ownership of the common shareholders or management…