All India Management Association (AIMA) 2007 M.B.A Marketing Management Accounting for ision Making – I - Question Paper
Friday, 01 February 2013 11:00Web
Page 5 of 15
33. Sai Ltd., invested Rs.6,00,000 in fixed interest bearing securities. If the capital gearing ratio of the company is 0.60, the equity shareholder’s fund is
(a) Rs.10,00,000
(b) Rs. 3,60,000
(c) Rs. 6,00,000
(d) Rs. 2,40,000
(e) Rs.12,00,000.
( 2 marks)
34. Which of the subsequent will not appear in Profit and Loss Account of a business?
(a) Interest on investment
(b) Bad debts
(c) Provision for doubtful debts
(d) Interest paid out of capital to the extent not written off
(e) Reserve for discount on sundry creditors.
( 1 mark)
35. Which of the subsequent heads is not shown under ‘Sources of Funds’ in the balance sheet of a company?
(a) Share capital
(b) Reserves and surplus
(c) Miscellaneous expenditure
(d) Secured loans
(e) Unsecured loans.
( 1 mark)
36. The subsequent info is related to Arnika Industries Ltd.:
Current liabilities Rs.150 lakh
Closing inventory Rs.100 lakh
Current ratio 1.50
Account receivables Rs.100 lakh
What is the amount of cash and bank balance (assuming there are no other current assets)?
(a) Rs.18 lakh
(b) Rs.10 lakh
(c) Rs.12 lakh
(d) Rs.15 lakh
(e) Rs.25 lakh.
( 2 marks)
37. Which of the subsequent is not a limitation of a Balance Sheet?
(a) It does not contain certain assets and liabilities despite its claim to be the statement of all assets and liabilities
(b) The values of different assets within the balance sheet are not always measured according to the identical rule
(c) Personal judgment plays a great part in determining the figures of the balance sheet
(d) Balance sheet is prepared on a particular date and hence there is every possibility of window-dressing
(e) Assets and liabilities are shown in the liquidity or permanency order in the balance sheet of a company.
( 1 mark)
38. The short-term creditors are interested in
(a) Liquidity ratios
(b) Valuation ratios
(c) Leverage ratios
(d) Capital structure ratios
(e) Dividend ratios.
( 1 mark)
39. The ratio that can be directly inferred from the income statement is
(a) Debtors turnover ratio
(b) Current ratio
(c) Dividend pay-out ratio
(d) Debt-equity ratio
(e) Net profit margin ratio.
( 1 mark)
40. The analysis which involves comparison of various entities belonging to the identical industry is known as
(a) Year-to-year change analysis
(b) Time series analysis
(c) Trend analysis
| Earning: Approval pending. |
