Bharathiar University 2007 B.Com Management Accounting - - Question Paper

VI Semester B.Com. Examination, June 2007


Management Accounting
Time:3 Hours Max Marks: 90
Instructions: Answers should be fully either in English or in kannada

Section-A

1. ans any ten ques.. every ques. carries two marks. [2 marks]
a) State any 2 differences ranging from cost accounting and management accounting.
b) Mention any 2 objectives of management accounting.
c) Write a note on internal analysis.
d) What do you mean by pattern Analysis?
e) How do you compute Dividend Pay Out Ratio?
f) What do you mean by Price earnings Ratio?
g) Write a note on cash from financing activities.
h) described Fixed flow statements.
i) What do you mean by control reports?
j) If the current ratio is 3:1, quick ratio is 1:1 and current liabilities are Rs. 1,80,000. obtain quick assets.
k) If profits after interest and taxes is Rs. 25,000, Interest charged is Rs. 5,000, provision for tax is
Rs.10,000. obtain interest coverage ratio.
l) If gross profit is Rs. 80,000 (25% of sales), opening stock is 29,000 (Rs. 2,000 less than closing stock)
obtain stock turn over ratio.

Section-B [5 marks]
ans any 5 ques.. every ques. carries five marks.
2. Prepare common size income statement and provide your comments.
Year Sales cost of goods Admin. Selling Net profit
(rs in 000's) sold Expenses Expenses
31-3-2006 1000 600 150 100 150
31-3-2007 1500 750 225 175 350

3. List out any ten non-fund items.
4. How do you compute cash from operating activities as per AS-3 under direct method?
5. State any 5 differences ranging from financial accounting and management accounting.
6. Write a note on various methods of reporting.
7. The capital of a co. is as follows:
Rs.
9% preference shares of Rs. 10 every 3,00,000
Equity sahres of Rs. 10 every 8,00,000
8% debentures 10,00,000
Profit after tax 2,70,000
Equity dividend paid 20%
Market price of equity shares Rs.40

Calculate:
a) debt equity ratio
b) Capital gearing ratio.
c) Earnings per equity share.
d) Price- earnings ratio.

8. compute cash from financing operations for the subsequent data:
Rs.
problem of equity shares 5,00,000
problem of 9% debentures 4,00,000
Redemption of pref.shares 2,50,000
Raising of long term loan 3,50,000
Repayment of BOD 2,00,000
Dividends paid 1,00,000
Interest recieved 50,000
Sale of furniture 1,00,000

9. Identify the sources and application of funds from the subsequent transactions:
Plant and machinery as on first April 2006 was Rs. 4,50,000
Plant and machinery as on 31st March 2007 was Rs. 1,00,000
During the year a machinery was acquired from the vendor for Rs. 3,50,000 by problem of equity shares.
During the identical period machinery costing Rs.1,50,000( depreciated value of Rs. 1,20,000)

Earning:   Approval pending.