Technological Institute of the Philippines

Determine the following: Show your solution. 1. What is the consumer surplus? 2. What is the producer surplus? 3. What is the economic surplus?

Compare and contrast the monopoly market structure with a purely competitive market structure.

Calculate the Cost Schedule below. Assume that the fixed cost is $55.

"All Limited partners are Capitalist partners but not all Capitalist partners are Limited partners. All Industrialist partners are General partners but not all General Partners are Industrialist partners." Explain the phrase and give an insight about it

There are two methods that you can use to record Partnership Formation. This two methods have difference, list the differences between Bonus and Goodwill Method and explain why you think Bonus Method is the preferred method to use.

After the conference and tackled about Partnership Liquidation, what are the things or knowledge that you've learned that you won't forget after the course?

Explain the detailed process of the following bases for division of profit: • Arbitrary Ratio • Capital Contribution Ratio • Salaries, Interest and Bonus

Kathy has decided to retire from the partnership on October 31. The estimated profit of October 31 is P100,000. Their profit and loss ratio is 3:3:4 to Kathy, Lilia and Minda, respectively. Compute for the Total Partners Equity after dissolution and New Capital Accounts of Remaining partner using Bonus Method and Revaluation Method under the following INDEPENDENT cases.

Give me at least 3 things/knowledge that you won't forget about Dissolution by Retirement/Death/ Incorporation.

There are reasons why a partnership dissolves. Give me at least 5 reasons why a partnership dissolves and why is it a partnership needs to change the articles of co-partnership when these things occur.