BCom TY BCom Tybcom Others Mar 2014 Mgt Question Paper - Mumbai University | munotes

Loading PDF...

Older exam Mar 2014 - MHRM Semester-end · tybcom others → Newer exam Mar 2014 - Eco Semester-end · tybcom others →

Questions asked in this paper

Q2 Balance sheets of Power Play Ltd. are given below Balance sheet as at (Rs. in Lakh ) anned by CamScanner on You are required to prepare Cash Flow Statement as per AS-3 by Indirect Method after considering the following :
- (i) 9% Preference Share Capital was partially redeemed on 01-04-2013 and preference dividend is paid in March every year
- (ii) Additional 10% Debentures were issued on
- (iii) Depreciation provided during the year on Land & Building was Rs. 50,000 and on Plant & Machinery was Rs.-80,000
- (iv) Investments of Rs. 50,000 were sold at a profit of Rs. 10,000
- (v) Income Tax assessment was completed for the year ended 31-03-2013 on All the amounts in this cash flow statement should be depicted as Rs. n
Q2 Following are the Balance sheets of Yash Ltd. Balance Sheet As at March You are required to prepare Cash Flow Statement as per AS-3 by Indirect Method, after considering the following : 15 marks
- (i) 15% Preference Capital was partially redeemed on 31-03-2014 and preference dividend is paid in March every year
- (ii) 20% Debentures were converted into Equity Shares on 31-03-2014
- (iii) Additional Machinery of Rs. 1,10,000 was purchased during the year
- (iv) Investments of Rs. 40,000 were sold at Rs. 25,000
- (v) Income Tax assessment was completed for the year ended 31-03-2013 at 35,000 and refund of Advance Tax of Rs. 2,500 was received on is considering on @20% P
Q3 Sangam Industries Lum! provides deprecia of 5 years is NIL straight basis. The the annual profits. depicted below company pays the next 5 years of 5 years depreciation and income tax of Re 1 @10% rate for You are also given PV Estimated profit before depreciation and v of re 1 income You are required to calculate : Joy Forever Products Limited wants to buy a machine. There are two ternative models, Heera model and Panna model, whose particulars are as under :— Name of the model Profit after Depreciation @25% p.a. on straight line basis but before Income Tax The Company pays Income Tax @30%. The scrap value of the machines at the end years would be NIL. The present value of Re. 1 @10 discounting factor is Year PV of Rel You are required to
- (i) Net present value (NPV) of each model 4 (ii) Rate of of each model on initial investment You are required to offer your comments as to which model should be chosen by
- (a) Select the correct alternative and rewrite the sentence 8 x Cash Inflow before working capital changes is Rs. 4,80,000, decrease inventory is Rs. 60,000, Increase in Receivables position is Rs(80,000 and increase in payables position is Rs. 70,000, then cash flow from F operational activity is 4 e The duration of net Working Capital operating cycle will be decreased 4 (a) Increase in raw material storage period
- (b) Decrease in Receivables collection period
- (c) Decrease in creditors payment period Increase in production process duration e Debentures Interest paid is 80,000,) Proposed Dividend on Equity Shares. is Rs. 1,50,000, Preference dividend paid is Rs. (1,20,000,) Provision for Tax is then cash outflow from financial activity e In cash flow statement will not be considered as financing
- (b) Proposed Dividend on Equity Shares 4d) None of the above < Cost of Initial Investment in Machinery is Rs. 22,00,000. Total discounted cash inflow during operational period of 5 years is Rs. 27,72,000. The Profitability Index is 2,88,000 units pe value of finished goods are stored for 2 of Machinery Then Average Rate of operational period of 6 years 18 terial storage period is 45 debtors collection period is 40 days; Then cas
- (a) 60 days 4b) y
- (c) 90 days (d) 80 days
- (B) Match the column with the most appropriate choice and rewrite :— Profitability Index is less Financing Activity in Proposed Dividend e Activity Inflow in t shares e Time Value of Mon Proceeds from sale of old vestment Proposal Should i fixed assets be rejected of Inventory excluding Write short notes (any three) :—
- (i) Components of Net Working C apit al es in Cash Flow Stat
- (iii) Net Present Value of Investm atement
- (iv) Average Rate of Return ( Proposal
- (v) Financing Activities j ARR) as a tool for Vities in of

Read from the scan above, so a character or two may differ. The scan is the original.

Report or request

Something wrong on this page? Report it and we will check it against the scan.

Quick Help

No. The full paper opens straight away, with no login and nothing to pay.

Related Resources

BCom Notes BCom Syllabus

Something wrong with this paper? Report it.

Connected Papers

BCom / Ty Bcom · 237 papers

Browse all →

Questions? Email contact@munotes.in

Done!