All India Management Association (AIMA) 2007 M.B.A Marketing Management Accounting for ision Making – I - Question Paper
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(c) Added to the cost of fixed asset
(d) Shown as a separate head in balance sheet
(e) Shown as a current liability in the balance sheet.
( 1 mark)
55. The subsequent balances were extracted from the books of Run Ltd., as on March 31, 2008:
Particulars Rs.
Share capital 5,00,000
Secured loans 4,00,000
Current assets 3,01,200
Fixed assets 8,00,000
Reserves and surplus 1,40,000
Sundry creditors 61,200
The total of ‘Application of Funds’ in the balance sheet of Run Ltd., as on March 31, 2008 was
(a) Rs.11,01,200
(b) Rs.11,00,000
(c) Rs.10,40,000
(d) Rs.11,41,200
(e) Rs.11,01,900.
( 2 marks)
56. The subsequent data is extracted from the books of Dravida Ltd., for the year ended March 31, 2008:
Particulars Rs.
Cash in hand 75,000
Cash at bank 1,00,000
Short-term Marketable securities 2,00,000
Current liabilities 3,00,000
The absolute liquid ratio was
(a) 1.25:1
(b) 0.67:1
(c) 0.58:1
(d) 1:1
(e) 0.75:1.
( 2 marks)
57. The subsequent data is extracted from the books of Sindh Motors Ltd., for the year ended March 31, 2008:
Particulars
Creditors turnover ratio 30 times
avg. trade creditors Rs.76,650
The avg. daily credit purchases of Sindh Motors Ltd., (assuming 365 days in a year) were
(a) Rs.6,300
(b) Rs.3,150
(c) Rs.3,500
(d) Rs.4,200
(e) Rs.2,800.
( 2 marks)
58. The subsequent info is related to Ashwini Industries Ltd.:
Current liabilities Rs.400 lakh
Inventory turnover ratio 2.0
Quick ratio 1.50
Cost of good sold Rs.180 lakh
Opening stock Rs. 40 lakh
The total of current assets of the Ashwini Industries Ltd., were
(a) Rs.140 lakh
(b) Rs.740 lakh
(c) Rs.600 lakh
(d) Rs.180 lakh
(e) Rs. 90 lakh.
( 2 marks)
59. The subsequent data is extracted from the books of Punjab Steels Ltd., for the year ended March 31, 2008:
Particulars Rs.
Sales 15,60,000
Net worth 30,00,000
Sales returns 60,000
If the return on net worth is 0.25, then the net profit margin of Punjab Steels Ltd., was
(a) 48.00%
(b) 50.00%
(c) 25.00%
(d) 43.80%
(e) 40.50%.
( 2 marks)
60. In which of the subsequent methods of financial statement analysis, the items in the income statement are expressed as percentages of total sales?
(a) Common size analysis
(b) Time series analysis
(c) Revenue analysis
(d) Expense analysis
(e) Profitability analysis.
( 1 mark)
| Earning: Approval pending. |
