B.Com In Banking & Insurance (BCBI) Sem III 2012 2015 2015 Financial Management. Year Question Paper - Mumbai University | munotes

Questions asked in this paper

1. Q1 choice Question the main users of internal analysis of financial statement
   • a. Creditors and lenders >. Owner and Manager of company
   • d. None of the above 2 also known as financial statement
   • b. Income Statement
2. Q3 Capital employed is equal to
   • d. None of the above
3. Q4 Parties interested in Ratios _ times
   • a. Government
   • c. Child
   • d. All of the above
4. Q5 The ratio which indicates the relation between loan funds and proprietors
   • b. Quick Ratio
   • c. Proprietors Ratio
   • d. Current Ratio
   • B) Match the following Prop. Funds 1. ROT (Return on Income) 3}. Short term creditors 3. Times interest eamed ratio 5
5. Q4 average 4. Investment ). fest of profitability 5 Liquid ratio
   • C) State Whether following statements are True or False as an index relative to the bage Common size analysis expression item in the balance sheet as an index relativ DASE
6. Q2 Assets are equal to liabilities plus owners equity
7. Q3 Total for the net income additional investment and withdrawals are found on the statement of 4 Ia calculation of Acid test ratio, Inventory is included in current assets
   • A) From the following information given below prepare a balance sheet in a vertical form suitable fo, Current Account with Bank Of India| 50000 Land and Building 800000 Plant and Machinery | 544000 Loan from a director Profit and loss Account 217000 } Provision for Taxation
   • A) From the following Information Prepare Common Size Income Statement Protit and Loss Account for the year To Opening Stock 35000 To Purchase 825000 | By Closing Stock To Customer Duty £70000 To Factory Expense 200000 To Administrative Exp. | 180000 To Selling Expenses 105000 To Financial Expense | 25000 To Loss on sale of plant | 75000 To Net Profit | 100000 8
   • B) From the following Balance sheet of Amey Ltd for the year ended 31% March 2004 & 2005 Prepare comparative balance sheet in vertical form and give your comments on them. (7) Following is the balance sheet of a Company as on 31-3-2006 [he Following are the comparative profit and Loss Accounts of Raghu Limited (15) Reserve and Surplus Application of funds | 50000 Land and Buildings 200006 Cash in Hand 10000 Cash in Bank 538500 Provision for Tax 39000 Sales are Rs.10, 00,000. Operating expenses are Rs. 100000. Costs of goods sold are Rs. 600000
8. Q3 The current ratio of busy Ltd. Is 4.5 and liquid ratio is 3:1. Inventory is Rs. 600000. Calculate the curr
9. Q2 Total Current liabilities of Beta Ltd are Rs. 1000000 and acid test ratio is 3:1. Inventory is Rs. 500000 find current assets and compute the current ratio
10. Q3 Inventory of Delta Itd ts Rs. 600000. Total liquid assets are Rs.2400000 and liquid ratio is work out the cu of Alpha Itd ts Inventory is Rs. 1200000 Current ratio is 4.1. Assume there ts no bank overdraft find out the current Gross profit for the year is Rs. 160000. There are no long term loans or overdraft. Reserves and surplus amounted ny Rs 36000 and liquid assets are Rs. 200000. Closing stock is Rs. 4000 more than the opening stock Bills receivable 1s Rs. 10000 and Bills payable of Rs. 4000
11. Q3 Closing Stock
12. Q4 Bank Balance Prepare aCash budget of Anmol Itd from March 2013 to August 2013. (15) Opening cash Balance on 1* March 2013 Rs. 20000 Period of credit allowed to customer and suppliers- one month Lag in the payment of factory expenses, administrative expenses and selling expenses- one month Machinery purchased for Rs. 30000 in March payable on delivery Building purchased in for Rs, 150000 payable in two equal installment in May & July 5% Commission of sales payable two months after sales Delay in the payment of Wages- One month Q ~4 The expenses for production of 100% capacity factory ) Prepare a budget for the production of:
    • a. 60% Capacity
    • b.80% Capacity
13. Q5 Short Notes (Any 3) Importance of financial Management Advantage of Common size statement 15 marks
14. Q3 Current Ratio
15. Q4 Source of short term finance
16. Q5 Redeemable Debentures

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