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

Questions asked in this paper

1. Q1 (a)Explain any 5 (1 marks each) 5 marks
   • d)Margin of Safety d)EPS e)Variable Cost
   • (b)From the following prepare comparative Income Statement Cost of goods Sold 6,00,000 4,00,000 From the following prepare Comparative balance Sheet. (10) Cash in hand 32,000 54,000 ‘ Q2 Attempt any one 15) The summarized Balance Sheet of XYZ Ltd.for the year ended 21-3-2009 1s given below Equity share Capital 140 Fixed Assets(at cost) Provision for tax 10 Stock-25 The following further particulars are given below: Calculate the following:
   • a)current Ratio b)Returns on capital Employed c)Debtors Turnover Ratio
   • d)Returns on Equity e)Stock Turnover Ratio
   • b)From the following Trading ,Profit & Loss accont of X Itd. For the year ended 31" March,2005 & Balance Sheet as on the date: To Opening Stock 15,500 BySales 75,000 To Purchases By Closing Stock By Admin Expenses 5,000 By Gross 15,000 By Selling & Dis. Exp 2,000 By Net profit 7,000 1200 Equity Shares of rs50 each | 60,000 | Fixed Assets | 55,000
   • a)Stock turnover ratio b)Creditors Turnover Ratio c)Return of Capital Employed
   • d)current Ratio e)Price Earning Ratio(current market price of equity share is
2. Q3 Attempt any one(@15) Prepare cash Flow statement from the following: e Mahindra C. Ltd. Is working at 50% Capacity & produces 10,000 units. At 60% working, raw material cost increases by 2% & selling price falls by 80% working, raw material cost increases by & selling price falls by 5% At 50% capacity working, product costs rs180 per unit & is sold at rs.200 per unit. The unit cost is rs.180 is made up of following: Prepare marginal cost statement showing the estimated profit of the business when it is operated at 60% & 80% Capacity
   • (a)Prepare working Capital Estimate from The cost sheet of PQR Ltd. Is below: IP is for half mont Average raw material in stock is for one month. Average Average allowed by suppliers is one month. Debtors are allowed is 30 days 25% of the payment of wages is 10 days. Average time lag in of in warehouse for one month are on cash basis. Cash balance is expected rs.1, 00,000.Finished goods lay Level of activity is 54,000 units of output in a year. Prepare Gee
   • (a)The management of Gemini Enterprise has called for ESTIMATE to finance a level of activity of 1,80,000 units of output for the year. cost str. Is below:
   • a)cash balance-20,000
   • b)Raw Material in stock-2 months
   • e)Supplier of Raw Material has extended month credit & Debtors-2 months cash sales 25%.f)Time lag in payment of wages-1 month & Time lag in overheads-1/2 a month
   • (b)Attempt any one from the following 5
   • (b)Explain liquidity ratios (any two)

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