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25. Differentiate between Balance Sheet and Funds Flow Statement. 26. What are the different Pricing Methods used in Practice? 27. (i) Briefly explain the basic tools in managerial economics (ii) Discuss the various theoretical concepts in managerial decisions. 28. (a) Explain the various methods of demand forecasting with merits and demerits. (b) (i) Explain the meaning of elasticity. 29. What are the methods to measure the elasticity of demand? Explain them. 30. Explain the cost-output relationship. 31. Differentiate the concepts in accounting cost and economic cost. 32. What is meant by statistical production function? 33. Discuss the different managerial uses of production function. 34. Briefly discuss pricing under different market conditions. 35. Explain the different methods of pricing. 36. Discuss some of the modern methods of investment evaluation with their merits and demerits. 37. Explain the purpose of preparing balance sheet and list out important details furnished in a balance sheet of company.