University of Mumbai 2009-1st Year Diploma Financial Management Pgdfm fin mgt - Question Paper
FIN MGT 09
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I Total Marks : 100 r
, ' * x.*' l ' fi-t-
I -, C<? (i)(3 Hours) '
. N.B. (1) Question No. 1 is compulsory and carries 20 marks.
| (2) Attempt any four from the remaining.
' (3) Working to form part of the answers and make and state clearly assumptions
where necessary. '
5CV?'OrO
T
() Tax SS t the' " * bBen *>* to Ki'S
UU lax paid for the previous year amounted to Rs. 60,000.
rrepare H Ltd.s Funds Flow statement for the year ended 31-3-2005.
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1. The following are the summarised Balance Sheets of H Ltd. as on 31 st March 2004 and 31st March, 2005 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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ok * , 'i. vr' |
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0) Plant costing Rs. 50,000 (accumulated depreciation thereon beinq Rs 0 000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
You are given the following figures : Current Ratio Liquidity Ratio Net Working Capital Stock Turnover Ratio Ratio of Gross Profit and Sales Turnover Ratio to Fixed Assets (net) ' Average debt collection period Fixed Atgets to Net Worth Reserves and Surplus to Capital
2-5
1-5
Rs. 3,00,000 6 20% 2
2 months ' 0-80
0-5
Draw up the Balance Sheet of the concern to which the figures relate.
Mows :-dUCeS PrdUOt 'Aby USi"9 2 raw ,erials 'X'and Y' *" has its unit cost as
Rs.
30 .
Raw material X
5
5
3
Raw material Y Direct wages
50
30
10
(iv)
(V)
(vi)
(vii)
' oe\
f ? I
&
W fhe goods are sold at a Profit of 20% on Sales,
(") Fhe Raw Material X is purchased from one supplier at a credit of 2 Months,
on a CrX""* Ma'eria' f"'* PUrha5ed Cash basis " b=>la
x * pSt f Raw Materials in s,ora
SSJ k0eps Flmshed Qoods for Month in store before the delivery
Expenses are paid in arrears of 1/2 Month,
Projected Sales of Product "A for the year 2006-07 is as under Rs. 30,00,000 on Cash Basis at the factory Show Room
S'fin nnnnnt011 adVanCe P&yment of 1/2 Month to New Customers Rs. 60,00 000 to associates of which 20% will be on Cash basis and Balance 80% on credit for 3 Months. 1
Rs. 48,00,000 to old customers of which 30% will be on cash basis and Balance. 70 /0. on credit of 2 Months. .
that there wfli to CaP'tal Requirem3nl of KK Ltd- for the year 20063007 assuming
exoludfng Cash 00n"n9ency cash balance '*W 10% of tha Gross'Working CapJ
" ' T...... ... . _>. '/).
and'RsVym"n8t.m'pr0W'he amount mvrtwd being &,39,00b /
years sub'iec: tn a ?Jl Ktl! 9'Ve a prflt beflflePreciationo(Ms: 4S,000WsBt A
fhat L". 0 15,000. The other project will yield a profit of Rs 40 flrfn I
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Year |
@ 7% |
@ 7,5%'- |
iv vi VGUI 1 Ui @ 8% |
|
1 |
0.93458 |
0.93023 |
0.92593 |
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2 |
0.87344 |
0.86533 |
0.85734 |
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3 |
0.81630 |
0.80496 |
0,79383 |
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4 |
0.76230 |
0.74880 |
0.73503 |
|
5 |
i 0.71230- |
0.69656 |
0,68058 |
|
6 I 0.66634 |
0.64796 |
0.63017 | |
|
( |
0.6275 |
0.60275 |
0.58349 |
|
8 |
0,58201 |
0.56070- |
0.54027 |
|
9 |
0,54393 |
0.52158 |
0.56025 |
|
10 |
0,50836 |
0.48519 |
0,46339 |
DemsLVbai!ity factor CaPi'ai Bud8e,i"9
5.
Write short notes (any four)
(a)
(b)
(c)
(d)
()
Gearing of Capital
Average Rate of Return ,
Capital Employed.
6. Compare and contract (any two)
(a) Capital Reserve and Reserve Capital
(b) Own CapitaKand Loan Capital'
(c) Profitabill+y and Profitability Index.
7' yoTflndtp" hyTiCh ra'i0S an b6 laSSi,i6d and whtoh basis <****
the,rJrdS f 'd n bS Msed for lon9 ,e investment in Assets." - Explain
th reference to the ratio which is an indicator thereof.
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A
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