Tuesday, February 25, 2020

ASSIGNMENT ON ACC 316-PUBLIC FINANCE FOR BOTH FULL TIME AND PART TIME

                         PATRIOT ODUNARO BABATUNDE JIMOH (08038454008)
                               "IN ALL YOUR GETTING GET WISDOM". 
NOTICE: STUDENTS DON`T COPY YOURSELVES, JUST BE YOURSELF. IT IS WELL WITH OUR SOUL ALLAHUMO KUNFAYAKUN AMIN.
TO WHOM: 
* HND ACCOUNTANCY ( FULL TIME)
* HND BUSINESS ADMINISTRATION ( FULL TIME AND PART TIME)
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ASSIGNMENT
1.  The following information relate to Feyikogbon Economy:
C = N500million + 0.65yd
I = N25million
G = N75million
X = N30million
M = N20million + 0.2y
T = N10million + 0.1y
Required: calculate:
(a) National Income                (b) Total Consumption            (c) Total Importation
(d) Total Taxation



2.  The following information relate to Alatise Economy:
C = 350 + 0.75 Yd
I = N50 Million
G = N150 Million
X = N30 Million
M = 10 + 0.1Y
T = 20 + 0.2Y
Required:
(a) Calculate the National Income.
(b)  Calculate the New National Income if consumption increased to N500 Million, Investment increased by N150 Million and Government increased to N200 Million.




BEST OF LUCK!

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