MCom Part II SEM IV 2018 2019 Dec 2019 ATKT GROUP A ADVANCED ACCOUNTING CORPORATE ACCOUNTING AND FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT Question Paper - Mumbai University | munotes

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1. Q1 The Expenses budgeted for production of 15,000 units in a factory are furnished as Prepare a budget for production of 10,000 Units, 12,000 Units and 15,000 Units showing Variable Cost, Fixed Cost in amount and Cost Per Unit at each level of production
2. Q1 The AB Company is planning to relax its credit policy to motivate customers to buy on new credit terms. It is expected that the Variable Costs will remain 75% of Sales. The Incremental Sales are expected to be sold on credit. For the perceived increase in risk in liberalising the credit terms, the company requires higher return. If the following is the Projected information. which credit should the company Pursne? 360 in Q,2) Beeta Ltd. Has given the forecast sales for January 2017 to July 2017 and actual sales for November 2016 and December 2016. With the other particulars given, prepare a cash budget for the months i.e from January to May 2017 Code: 67511 Group A: Advanced Accounting, Corporate Accounting and Financial Management: Finan 7
   • Q. P. Code: 21853
   • 1) Sales information from November 2016 to July 2017
   • 2. Sales 20% cash and 80% credit, credit period two months,
   • 3.Variable expenses 5% on turnover, time lag of half month
   • 4. Commission 5% on credit sale payable in two months
   • 5. Purchases are 60% of the sales , payment will be made in 3 month of purchases
   • 7. Computer purchased on February for Rs.45,000 and in March for Rs. 1,00,000
   • 9. Tax paid in April Rs. 55,000
3. Q2 Evaluate a project-by 1) NPV ( Net ) 2) PI ( Profitability index ) methods which initial outlay of Rs:1,00,000 and generates revenue of Rs,60,000, Rs.30,000, Rs.50,000 and Rs.50,000 from the end of first year to the end of fifth year. The required rate of return is 10% and income tax rate is 50%. The present value of Rs.1 at 10% Discounting factor:
4. Q3 XYZ Ltd. provides you the following information: 4 Life of Machine 5 Years Actual salvage value realised at the end of life Rs.3,40,000 Method of depreciation Straight Line Cost of capita! 10% Purchase price of each machine Rs.13,00,000 Earnings before depreciation and tax: Calculate Net Present select the most profitable machine
5. Q3 Shri Ram Ltd. Gives you the following cost details for Manufacture of Product “S” at capacity level of 20,000 Units, Particulars Nature of Variability Prepare a production cost budget for production of 12,000 Units and 16,000 Units, showing total cost and unit cost at each level 07511 Group A: Advanced Accounting, Corporate Accounting and Financial Management: Financial M
   • Q. P. Code: 21853 4 5. Receivable management deals only with the collection of cash from the debtors y 6. Average inventory in EOQ model is 4 of
   • 7. Fixed budget refers to budget for fixed assets
6. Q4 Write Short note. (Any three) Long term sources of finance 15 marks
   • 2. Types of working capital
   • 4. Objectives of Cash Management
   • 5. ABC classification

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