Punjabi University 2008 B.Com MANAGERIAL ECONOMICS & FINANCIAL ANALYSIS - Question Paper

MANAGERIAL ECONOMICS & FINANCIAL ANALYSIS ques. Paper

1. What is Managerial Economics. discuss its focus areas. [16]

2. (a) What is meant by Elasticity of demand.

(b) Determine price elasticity of demand provided that the volume demanded of a product is 1000 units when the price is Rs. 100 and when the price declines
to Rs.70, demand increases to 1100 units. [8+8 ]

3. (a) elaborate Isoquents? discuss the chief characteristics of Isoquents?

(b) What do you understand by lowest Cost Combination of inputs and how can it be achieved. [8+8 ]

4. (a) describe Market and discuss how markets are classified?

(b) elaborate the important features in any market structure? [12+4 ]

5. discuss the features of sole trader form of organization. explain the merits and demerits of sole trader from of organization [16]

6. Write short notes on the subsequent [4 ×4]

(a) Cumulative preference shares
(b) Customer advances
(c) Equity Shares
(d) Fixed capital

7. The trail balance of Anil is provided below, prepare the Trading Account, Profit & Loss Account for the year ending 31st December 2005 and Balance sheet as on that
1 of 2

Code No: RR312401 Set No. 1
date. [16]
Debit Rs. Credit Rs.
Drawings and capital 72,000 6,00,000
Opening stock 2,05,000
Purchases and sales 6,80,000 14,05,000
Carriage inwards 15,000
Debtors and creditors 2,35,000 1,43,000
Cash 39,000
Salaries 2,53,000
Bills payable 42,000
Insurance 1,12,000
Machinery 3,00,000
Wages 2,15,000
Commission received 10,000
Trade expenses 69,000
Freight inwards 5,000
22,00,000 22,00,000
Adjustments

(a) Closing stock was valued at Rs.3,50,000
(b) give a reserve for bad and doubtful debts @ two on debtors
8. (a) From the subsequent information, compute [16]
i. Debt Equity ratio
ii. Current ratio
Rs. Rs.
Debentures 1,40,000 Bank balance 30,000
Long term loans 70,000 Sundry Debtors 70,000
General reserve 40,000
Creditors 66,000
Bills payable 14,000
Share capital 1,20,000

(b) compute Amounts receivables Turnover ratio form the subsequent info.
Rs.
Net profit after deducting interest and taxes 6,00,000
12% Debentures of the face value of 15,00,000
Amount given towards taxation 1,20,000

Earning:   Approval pending.