B.Com In Banking & Insurance (BCBI) Sem IV 2022 2023 March 2023 I FINANCIAL MANAGEMENT II Question Paper - Mumbai University | munotes

Questions asked in this paper

1. Q1 A) multiple choice questions.(Any8) 8 marks
2. Q1 Working capital source of finance is a
   • a) Short term source b) Medium term source c) Long term source d) Mix source
3. Q2 RBS recommended. methods to finance working capital requirement helps to forecast the future cash position of the
4. Q4 Cash balance is
5. Q5 Cash budget is a summary
   • a) Expenses b) Income and Expenses c) receipt and Payments
   • d)Assets And Liabilities
6. Q6 stands for
7. Q7 Name the committee appointed by RBI to recommend working capital financing
8. Q8 Financial leverage is
9. Q9 Inventories are also termed as 10, Permanent working capital is also known as
   • B) State whether the following statcments ave true or 7) 7
10. Q1 In LIFO method, closing stock is valued at oldest price of materials
11. Q2 Slow movement of working capital cycle necessitates larger provision of working capital
12. Q3 Longer the production cycle larger will be the requirement of working capital
13. Q5 Depreciation is not recorded in the cash budget
14. Q6 Cash budget is futuristic
15. Q7 Trade credit is a source of working capital
16. Q8 In market a higher volume of seals is made on credit
17. Q9 In FIFO method, stock purchased first is deemed to be issued last
18. Q10 Fixed Assets nust be financed from long term sources
19. Q2 A) board of directors of Sonia limited required you to prepare a working capital estimation for the coming year the details of the company are as follows (15) The number of units being produce currently Rs 50000 units per annum The raw material cost is rupees 180 per unit The wages are rupees 40 per unit The fixed overheads are rupees 100 per unit The selling price per unit is Rs 680 Other details are as folloy /s 1.Raw material are in store on an average one month along with the finish goods SYBBI/SEM IV/SUB- FINANCIAL MANAGEMENT-2 Hrs/75 Marks \
20. Q2 Material progress is on an average for 15 days(consider it 0.Smonths)
21. Q3 Credit allowed by supplier is for 1 month
22. Q4 Time lag in collection from debtors is 4 month
23. Q5 time lag in payment of wages is one month and that of overheads is 3 months 20% of the output is sold against credit. Caution hand is RS 300000
24. Q2 B) Calculate the maximum permissible Bank finance as per Tandon committee Norms with the help of following information (all three methods). (8)
    • c) Core current assets 25% of Current assets
    • B) Prepare the collection of debtors schedule from April to July with the help of following 50% of the sales are on credit out of which 60% are realised in the month following the sale and remaining in the second month
25. Q3 A) prepare cash budget of Sachin Tendulkar limited for tne month of April,May, and June You are informed that:
26. Q1 50% of the purchases and saies are on cash 4 2. The average collection period of the company is half month and a credit purchase are paid of
27. Q3 Time lag in payment was wages is 1 month
28. Q4 Rent of rupees 1000 is payable every month
29. Q5 Cash and bank balance on 31st of March 2022 was RS 300000
30. Q6 Dividend received in May Rs36000
31. Q7 Professional fees to be paid in June Rs 1500
32. Q8 Expenses are paid in the same month IV/SUB- FINANCIAL MANAGEMENT-2 Hrs/75 Marks
33. Q3 B) KNP limited has made the following sales estimates for April, May and June for the year 2020 from which you are required to prepare a sales budget by units and rupees for each of the three months for each sales area and in total. (15) April(%) May(%) June(%) The area wise unit sales are expected as Follows The Selling price has been fixed at rupees 6 per unit in area A , rupees 8 per unit in area B, rupees 12 per unit in area D and Rs 10 per unit in area C Calculate the degree of operating leverage degree of financial leverage and the degree of combined leverage for the following forms and interpret the results (15) Interest On borrowed capital(Rs) Nil
34. Q4 B) Following purchases were made of pipe 6". On 28th July 2020, 15 marks

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