Total No.

of Printed Pages - 12
Time Allowed -3Downloaded
Hours From www.castudynotes.com
Maximum Marks -100

GET
Answers to questions are to be given only in English exceptin case of candidates who
have opted for Hindi Mediumn. If a candidate who has not opted for Hindi Medium,
his/her answers in Hindi will not be valued.
Marks : 60
SECTION-A

m
Question No, 1 is compulsory.

co
Candidates are also required to answer any four questions

s.
from the remaining five questions.
te
no
Working notes should form part of the respective answers.
dy
tu

Marks
as

1. (a) You are available with following information of Brave Ltd:

5
.c

Debtor's velocity 3months

w

Stock velocity 6months

w
w

Creditor's velocity 2Months

Gross profit ratio 20%

The gross profit for the year ended 31* March, 2023 was 10,00.000.
Stock for the same period was 40,000 more than what it was at the
beginning of the year. Bills receivable were 1,20,000.
GET
P.T.0.
Join Us on Telegram http://t.me/canotes_ipcc
 2023
the
for .5.
March, is
turnover

Join Us on Telegram http://t.me/canotes_ipcc

31st
ofended
Downloaded From www.castudynotes.com

are
you
:
calculate assets
Share
(EPS)
1akhs 717.00
721.25 lakhs whose
to details
The
year om 2.04
lakhs
30
lakhs ?
required
above
the .c industry,
turnover
1.4 2.8es 30%
Per
GET ot Earning assets GET
Ltd.
Shiva yn each
information, Interest)
ud each 10
an
to low
and belongs
st of? or
(Excluding 10 a
of? Capital
ratio high (iii)
Financial
Leverage
debtors
Sundry
() stockClosing
(ii)
Operating
LeverageCombined
Leverage .c P/V company
w
Debentures Income
Tax
Rate a
:below have
following Share w Calculate
Sales
(i) Cost w the it
given :Required does
Fixed Sales Equity If
From 12%
are (i) (1)
(b)
Marks payment
stockmonths
months: 1.5 maintain
on similarly.finance
Prepare
2 3
carried
60%.Dodd targetCompute is
is & 45%,
in
2 goods 1.5 in
expenses
and is also respects. requirements
to
share
ratioGraham 12.
for is lag cash Production
is average suppliers
finished The overhead
overheads

Join Us on Telegram http://t.me/canotes_ipcc

;cost
payout factoris? against all
Downloaded From www.castudynotes.com

debtors.
per EPS model.
Linter's unit
year's
current
adjustment 1,50,000.in
as
Dividend per
m an and by
of output and complete
production,
capital
co on months
allowed
its payment
per
of
sheet s. stock
to the
wages ofworking
and price 6.34, 150 te credit R
GET
40 60 250 F50
300 in 3
for credit in of attogether
75% of
(3) GET 60
Determine
using cost
F 7 no material
average months 25%
and units
dividend
year's following
Is anddividend
current's X
is
dy The lag
and sells put
year is
stock estimate
15,000
60%
company tu raw
an month.2 company the
5. is furnished
Price
as
Selling
keepson allowsmonth bankthroughoutprogress
showing
of
is ratio
year's
a Multiplier
cost
material
Raw cost
labour
Direct .c progresS
1 level
OverheadCost
cost Total companyaverage
w company at
1
of model. payout w is The hand ctivity
EPS Last has w wages statement
Ltd. in months. in
in evenly
Profit The work an cash Work
(i)
(c) (ii)
on and of
(d)
 Marks
10
total ratio means amount
a equity
having 12.5%, additional
crores.
be
debt to

Join Us on Telegram http://t.me/canotes_ipcc

Downloaded From www.castudynotes.com

to a up 1.4
on
needs that equity) rate
Amount
(?) m is
50,00,000 20,00.000
40,00,000 10,00,000
20,00,000 informed company
follows:
The
109,00,000 co . 2
10 20 project of interest
shares.
(cost
GET es t new are Ke the the
loan equity
(4) asgiven
are no a You the rises earnings
of :
if
a
as
CE
l0%
dy start share raised issuing
each) pushes
40,00,000. and
Tax (@
debentures 10
tu to of are by
Textiles
Ltd. Particulars
and 50%
( share
as planning 36% 8 Retainedprice funds raised
to
Interest @ shares .c than
ratio probable
w is
additional
tax tax per PE 12%.
on Profit
before is of
w
Profit
after
tax The
amount
K BeforeInterest Income equity price outlay Ehigher
Company
w
of the to the
data PE
Ratio borrowed The
of Market
Profit Less: Less: No. EPS capital D+Ereducing out
The D Find
2.
 Marks
10 10
P.T.0.
of of
5,00.000 5 machine company
to its available
value
salvage
revenues meeting
the
for
five 10%o.
Rate
is
earnings

Join Us on Telegram http://t.me/canotes_ipcc

at of the
priced generate
Downloaded From www.castudynotes.com

expected cost iscapital

for
for tax) tax) 12%
8%
(before (after
tax)
operatingprofitable 25,00,000 (before 50,00,000
is retained
which tO of :
following om 1,00,000
an expected cost .c 10% 40% !5% 500 30%
has
machine annualthe be of s 7
form te
(5) GET
and
and would of as 2:3 5,00,000
a years
is The
20% it
fund the are no GET
purchase it in details dy
5
years.yCars,Is Whether additional
is 5,25.000 tu upto shares
Profitability
Index
Method Further
to
machine
Methodmethod
usingPayback
period equity as to
Tax analyse and dividend equity
consideringof by raise and
.c
of end annum Corporate machine value has for
investment
purposes. w 5,00,000
Beyond
to life the debt Upto 2,50,000
2,50,000
w shareoutstanding
required Present to lt
w Earning
company
of of
estimated per wishesplan. of growth
is
Ltd.
at
28,125, the
71.50,000
45,000 Combination Retention
Ratio per
investment debt
ofCost Above price
are purchase Net
ABC
The You Ltd. Expected of Tax
Rate
7 is (i) (ii) Gii) MarketNumber
Z
3.
4.
 5.
(a) i. 1i. You
b. a
Required :
PVF11% @PVF10% @YearConsider No.Sr.
BSB Cost
debtof are
Weighted
capital Cost required
based 6 5 4 3 2
minimum
effect?adverse
Compute To Ltd. retainedof
Life advise is
onw Discount sales Initial
cost
unit capital average
Rate FixedVariable Selling Annual considering to
of variance the calculate
the the the ww
NPV costs
project impact company . cost price
costearnings
c
in concept. of :
0.901 0.909
asper per per Particulars its
new and
1 as each on whether year t
u unit unit
3 cost GET
years. the d(iny (in POject (6)
variable. n of
project's to ) o) cquity
0.812 0.826 with
invest te
Which 36,00,000
s
5,00,00,000
. Amount the
NPV in c
6,00,000 o following
the 10% m
0.731 0.751 80 120
3 variable
considering new
project details:
Downloaded From www.castudynotes.com

is

Join Us on Telegram http://t.me/canotes_ipcc

having a or
1% not Marks
5
 6.
(c) (b) (a)
What What its What Write
(Ltb)dis
sources (Required
a) Expected (c) (b)
Expected distributed
Dividend During each.75
are are do INFO
the case AcCording
25%, dividend What Calculate
disadvantages the
of you main the
causes of than rateAnnual
finance
understand growing w will year
OR features is of
what w price a
of
to only be return growth 2022-23 listed
? Gordon's w
over-capitalization
of of
stage should 10%? the
.c of
Profit by on company
Bulldog price share rate
Spontaneous of its
as
GET
company growth
be anniving
tu eguity in
Maximization of havin8 GET
Bond. the dividend (7)
share
dy
optimum Model, Cap1tal
? Gordon' s share
no
? Sources Comment. if
the
tife
? capital
dividendInternal
sAnnual
of .c growth
finance
of
om
Rate
payout growth Model. ?
and 2400
of
Return
Downloaded From www.castudynotes.com

explain ratio

Join Us on Telegram http://t.me/canotes_ipcc

rate 1000% Crores
P.T.0. 18% 14%
in is in of
Marks
2 2 4 4
 7.
(c) (b)
(a)
Explain Discuss (iii) (ii) (i) You Indirect below
Tax Net Gross Gross Gross Following
Amount
Consumption Net are National Working
the with DomesticNationalDomestic :
Factorrequired

w
three example information
of

w
Product notes Answerany
aspects subsidies. Income to

w
ofcalculate: Product Product Product

.c
direct fixed Particulars should
at

a
of from relating Question No.

s
Market at at at
fiscal quote capital. (GDPFc)
Factor
Cost Market Market 10n three SECTION-8

tu
GET Abroad

d
Price O questions
Pat .7 GET (3)

y
function and Price is

n
(NFIA). Price particular a of
compulsory.

o
indirect (NNPMp)

t
the
(GNPp)(GDP,Mp) from
e
in respective
an
quote.
s .
the
financial
c
economy.
o
rest.
m

Amount answers.
700 2,800 3,000 3,200 3,500 Crore) year
in
Downloaded From www.castudynotes.com

Join Us on Telegram http://t.me/canotes_ipcc

is
given Marks
:44)

Marks
2 3
 (a8.
) ()
(b)()
1. Compute
dat(ad)
(i) Short Other Currency 2023:
Demand
3. 2 Subsidies
NetIntermediate
consumption stock Calculate Explain.instruments
governments «Tariffs termdeposits
Consumption Opening
stockClosing
value
deposits
time bankingthe with relatingNM1 to
comments.
that your The
What WhatAssume w Sales are the and
balanced added w Particulars deposits with Particulars
is is with public NM2
the the of
w from
use price the
atfixed .c restrictto
value value MPC
factor
of RBI from
budget as the related residents
of of is capital GET
GET tax
spending cost
tu following followingthe (9)
equal multiplier imports
multiplier
dy system
to
0.8,
ndatao
multiplier Lakhsin
is 2000
t:e and/or
? answer always 350 1,500 180 200 500 Croresin
of
s.
? the
co
encourage trade 276 1,139 2,235 1,000
equal m
following:
to policy Marc31
h
1'. exports."
Downloaded From www.castudynotes.com

Give that

Join Us on Telegram http://t.me/canotes_ipcc

P.T.O. Marks
2 3 2
3
 9.
(b(i)
(a)
Briefly(ii)
(ii) )
the (ii)
pollution
tax. List Calculate (FY) country in The
Financial
2021-22 2020-21 Years statement
Explain.
requires
?bankthe cash "Cash Open How
major w
the w table
discussthe th
wiReserve Market does
guiding problems Inflation w holding
.c financial below
2 the the
Nominal
principles 1700 1550 Ratio Operations
(OMO)Reserv
asGDP
National rate tu shows assets RBI,
involved years. (M
(upto Amount by
while
GET
dCrores) GET
ynin Nominal
Treatment
of two Real
GDP
WTO. nas
1240 1190 Statutory
in decimal)
ot
es GDP itself." to India
administrating . be
Principle
(NTP) coand maintained control
in m Liquidity
Do
FY Real you
2021-2022. liquidity
Downloaded From www.castudynotes.com

GDP agree

Join Us on Telegram http://t.me/canotes_ipcc

an Ratio by
oneof
as efficient banks through
of withisth
(SLR)
the as
Marks
2 3 2
2 3
 10.(a) ()
(b)()
(1)
(ii)
Discuss Subsidy Items Calculate
following : Explain 3. 2. 1.
NetChange
StockIncome
inDepreciation Gross PublicImportNetPrivateinformation In Shirtand
the CountryTrouser The
Acquisition TrousersWhich Shirts
? commodities
Opportunity
? Computethe Y X table
Which absence
briefly Paid Domestic final final the
w NNPEc showsthe
to consumptionconsumption
w Transactions country country
the of Hours 1
w 4 3.5 Unit
of Abroad Fixed by in trade: in
concept both Hours two
Valuables of number
.c
Capital Shirt
GET countries. Countries GET (11)
as expenditure Motive has has
of expenditureexpenditure t comparative
comparative
u labour
hoursof
Common Formation 1 sX
unit
dy for
cOst
Hours Hours
8 5 and
methodn holding
of
Access in Y.
ot advantageadvantage
Trouser
with cash. required
produce
es
respectbothof
Crores in?
the
. c
Resources. in
35 360 06 19 12 in
o to
15 40 17 120 help m
producingproducing
of
Downloaded From www.castudynotes.com

the

Join Us on Telegram http://t.me/canotes_ipcc

Marks

P.T.0. 3
3
2
 11.
(b)
(a)
(ii) )
(ii) ()
Briefly situation.
market
failureDefine sector
model ?What each
case ?
wil 15% buyer
a s
are
Compute
be for
"Dumping
state the protectionist
the the every of
the term credit

w
main total exports is

w
different market tariff." an

w
compOnents credit1,50,0mul
00 tiplier

.c
OR inagaiternnatstional

a
modes failure Analyse GET

s
GET money requiredthif
deposited e which

tu
and

d
of and of created the price

y
Foreign equilibrium explain

n
name in domestic

o
by the

t
discrimination

e
the he reserve
tbanking the
Direct s .
statement.
four banking government
c
income ratio
o

Investment reasons system.

m

in is
system in 12% favouring
a levies
Downloaded From www.castudynotes.com

for four

Join Us on Telegram http://t.me/canotes_ipcc

What and
(FDl). a Marks
3 2 3
2
2