Enterprise funds and the efficiency of their use
Answers are for parents and teachers.
1
An oven costs 36 000 000 so‘m and has a service life of 12 years. Find the annual depreciation charge (in so‘m).
3000000
2
A machine costs 40 000 000 so‘m and has a service life of 8 years. How many so‘m of depreciation has accumulated after 3 years?
15000000
3
A firm has fixed funds of 450 mln so‘m and annual output of 1 350 mln so‘m. Find the capital productivity.
3
4
Give three examples each of fixed and working funds for a small production in your family or neighbourhood.
Free answer: fixed — machine, building, oven; working — raw materials, materials, fuel.
5
Why is adding depreciation charges to product cost important for an entrepreneur? Write 2–3 sentences.
Because equipment will need replacing as it wears out; through depreciation this money is gathered in advance and the price reflects the real cost.