APRIL 2012 60148/BPZ6B/BPF6A/

BPW6C

Time : Three hours Maximum : 75 marks

PART A — (10 × 2 = 20 marks)

Answer any TEN questions.
All questions carry equal marks.

1. Define Management Accounting.

÷©»õsø© PnUQ¯À Áøµ¯Ö.

2. State any two limitations of management accounting.

÷©»õsø© PnUQ¯¼ß Áøµ•øÓPÒ H÷uÝ® CµsiøÚz u¸P.

3. What do you mean by Financial Statement?

{v°¯À AÔUøP Gߣuß ö£õ¸Ò ¯õx?

4. What is comparative statement?

J¨¥mk AÔUøP GßÓõÀ GßÚ?

5. What is solvency ratios?

Phß wºUS® ÂQu® GßÓõÀ GßÚ?

6. What is Operating Ratio?

ö\¯À£õmk ÂQu® GßÓõÀ GßÚ?

7. Write down the formula for capital gearing ratio.

‰»uÚ Pmk¨£õk ÂQuzvß `zvµzvøÚ GÊxP.

8. Define Funds Flow Statement.

{v Kmh AÔUøP Áøµ¯Ö.

9. State the objectives of cash flow statement.

öµõUP Kmh AÔUøP°ß ÷|õUP[PøÍz u¸P.

10. Calculate the value of furniture purchased from the following

details :
Opening balance – Rs. 2,00,000
Closing balance – Rs. 3,00,000
Depreciation charged – Rs. 40,000.
 RÌUPõq® £µ[Pμ¸¢x öPõÒ•uÀ ö\´¯¨£mh AøÓP»ß
©v¨¤øÚU PõsP.
öuõhUP C¸¨¦ ¹. 2,00,000
CÖv C¸¨¦ ¹. 3,00,000
AÝ©vUP¨£mh ÷u´©õÚ® ¹. 40,000.

11. Define Capital Budgeting.

‰»uÚ ÁµÄ ö\»Ä vmh® Áøµ¯Ö.

12. What is pay-back period?

v¸®£ ö£Ö® Põ»® GßÓõÀ GßÚ?

PART B — (5 × 5 = 25 marks)
Answer any FIVE questions.
All questions carry equal marks.

13. What are the functions of management accountant?

÷©»õsø© PnUQ¯»õ›ß £oPÒ ¯õx?

14. From the following asses side of the balance sheet of S Ltd. for
the years ended 31.12.2002 and 31.12.2003. Prepare a common
size balance sheet for 2002 and 2003.
Assets 2002 2003
Cash 100 140
Debtors 200 300
Stock 200 300
Land & Buildings 400 370
Plant 300 270
Furniture 100 140
S ¼ªöhmiß 31–12–2002 ©ØÖ® 31–12–2003 ¢ ©zv¯ C¸¨¦
{ø»USÔ¨¤ß ö\õzxUPÒ £Sv R÷Ç uµ¨£mkÒÍx. CuøÚU
öPõsk ö£õxÁõP C¸¨¦ {ø»U SÔ¨¤øÚ 2002 ©ØÖ® 2003 ®
BskUS u¯õº ö\´P.
ö\õzxUPÒ 2002 2003
öµõUP® 100 140
PhÚõͺPÒ 200 300
\µUQ¸¨¦ 200 300
{»® ©ØÖ® Pmih® 400 370
ö£õÔ 300 270
AøÓP»ß 100 140
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15. The following figures are extracted from the balance sheet of
X Ltd. as on 31st December :
2006 2007
Rs. Rs.
Stock 25,000 40,000
Debtors 10,000 16,000
Cash at bank 5,000 4,000
Creditors 8,000 15,000
Bills payable 2,000 3,000
Provision for taxes 5,000 7,000
Bank overdraft 5,000 15,000
Calculate the current ratio and quick ratio for the two years.
X ¼ªöhmiß 31 i\®£º ÷uv¯ C¸¨¦ {ø»U SÔ¨¦ £µ[PÒ
uµ¨£mkÒÍx.
2006 2007
Rs. Rs.
\µUQ¸¨¦ 25,000 40,000
PhÚõͺPÒ 10,000 16,000
Á[Q¸¨¦ öµõUP® 5,000 4,000
PhÚõͺPÒ 8,000 15,000
ö\¾zxuØS›¯ ©õØÖ ^mk 2,000 3,000
Á› JxURk 5,000 7,000
Á[Q ÷©À Áøµ¨£ØÖ 5,000 15,000

Cµsk BskPÐUS›¯ |øh•øÓ ÂQu® ©ØÖ® }º©

ÂQuzvøÚ PnUQkP.

16. From the following information prepare schedule of changes in

working capital statement.
Liabilities 2002 2003 Assets 2002 2003
Rs. Rs. Rs. Rs.
Share capital 600 800 Cash 60 180
General reserve 200 100 Debtors 150 200
Profit and Loss a/c 60 120 Bills Receivables 60 100
Creditors 60 200 Inventories 300 390
Bills payable 30 70 Fixed assets 380 420
950 1,290 950 1,290

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 RÌPõq® £µ[PøÍU öPõsk ©õÖ£k® |øh•øÓ •u¼øÚ
AÔUøP°øÚ u¯õº ö\´P.
ö£õÖ¨¦PÒ 2002 2003 ö\õzxUPÒ 2002 2003
¹. ¹. ¹. ¹.
£[S •uÀ 600 800 öµõUP® 60 180
ö£õxUPõ¨¦ 200 100 PhÚõͺPÒ 150 200
C»õ£ |mh P/S 60 120 ö£. ©õ. ^mk 60 100
PhÚõͺPÒ 60 200 \µUQ¸¨¦ 300 390
ö\.©õ. ^mk 30 70 {ø»a ö\õzxUPÒ 380 420
950 1,290 950 1,290

17. A project cost Rs. 5,00,000 and yields annually a profit of

Rs. 80,000 after depreciation at 12% but before tax of 50%.
Calculate pay back period.
J¸ vmhzvß ©v¨¥k ¹. 5,00,000 Á¸hzvÀ Dmk® C»õ£®
÷u´©õÚ® 12% AÝ©vzu ¤ÓS ©ØÖ® Á› 50% AÝ©vUS® •ß
¹. 80,000 Azvmhzvß v¸®£ ö£Ö® Põ»zvøÚU PõsP.

18. Explain the importance of capital budgeting.

‰»uÚ ÁµÄ ö\»Ä vmhzvß •UQ¯zxÁzøu ÂÁ›.

19. PL Limited plans to sell 1,10,000 units of a certain product line

in the first fiscal quarter. 1,20,000 units in the second quarter,
1,30,000 units in the third quarter and 1,50,000 units in the
fourth quarter and 1,40,000 units in the first quarter of the
following year. At the beginning of the current year, there are
14,000 units of product in stock. At the end of each quarter, the
company plans to have an inventory equal to one-fifth of the
sales for the next fiscal quarter.
How many units must be manufactured in each quarter of the
current year?
PL {ÖÁÚ® SÔ¨¤mh ö£õ¸ÎøÚ {v¯õsiß •uÀ Põ»õsiß
1,10,000 A»SPÒ ÂØ£øÚ ö\´¯ vmhªmhx. CµshõÁx
Põ»õsiÀ 1,20,000 A»SPЮ, ‰ßÓõÁx Põ»õsk Põ»zvÀ
1,30,000 A»SPøͲ® ÷©¾® |õßPõÁx Põ»õsk •iÂÀ
1,50,000 A»SPøÍ ÂØ£øÚ ö\´¯ •iÄ ö\´ux. ÷©¾® Akzu
Bsiß •uÀ Põ»õsiÀ 1,40,000 A»SPÒ ÂØ£øÚ ö\´¯Ä®
vmhªmhx. |h¨¦ Bsiß öuõhUP \µUQ¸¨¦ 14,000 A»SPÒ
BS®. JÆöÁõ¸ Põ»õsiß CÖva \µUQ¸¨¦ AÍÄ Akzu
Põ»õsk ÂØ£øÚ°À 1/5 £Sv C¸US®.
JÆöÁõ¸ Põ»õskUS›¯ EØ£zv°øÚU PnUQkP.
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BPW6C
 PART C — (3 × 10 = 30 marks)

Answer any THREE questions.

All questions carry equal marks.

20. Explain the advantages of management accounting.

÷©»õsø© PnUQ¯¼ß |ßø©PøÍ ÂÁ›.

21. Prepare a common size statement from the following balance

sheets :

Balance Sheets
Liabilities 1997 1998 Assets 1997 1998
Rs. Rs. Rs. Rs.
Share capital 200 250 Fixed assets 100 120
Reserves 80 100 Investments 50 60
Debentures 100 80 Stock 65 75
Creditors 70 95 Debtors 80 90
Bills payable 50 75 Bills receivable 95 105
Cash at bank 110 150
500 600 500 600
RÌPõq® C¸¨¦ {ø»U SÔ¨¤øÚU öPõsk ö£õx ÁøP AÔUøP
u¯õº ö\´P.
ö£õÖ¨¦PÒ 1997 1998 ö\õzxUPÒ 1997 1998
Rs. Rs. Rs. Rs.
£[S •uÀ 200 250 {ø»a ö\õzxUPÒ 100 120
Põ¨¦ 80 100 •u½kPÒ 50 60
Phß £zvµ® 100 80 \µUQ¸¨¦ 65 75
PhÜ¢÷uõº 70 95 PhÚõͺPÒ 80 90
ö\¾zxuØS›¯ 50 75 ö£ÖuØS›¯ ©õØÖ^mk 95 105
©õØÖ^mk
Á[Q°¸¨¦ öµõUP® 110 150
500 600 500 600

22. Following ratios are related to the trading activities of National

Traders Ltd.
Debtors velocity 3 months.
Stock velocity 8 months.
Creditors velocity 2 months.
Gross profit ratio 25%.
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 Gross profit for the year 31st December 2009 amounts to
Rs. 4,00,000. Closing stock of the year is Rs. 10,000 above the
opening stock. Bills payable to Rs. 10,000.
Find out :
(a) Sales.
(b) Sundry Debtors.
(c) Closing stock and
(d) Sundry creditors.
÷|åÚÀ ¯õ£õµ {ÖÁÚzvß Â¯õ£õµ |hÁiUøPUS›¯
ÂQu[PÒ uµ¨£mkÒÍÚ.
PhÚõͺPÒ _ÇØ] ÂQu® 3 ©õu[PÒ
\µUQ¸¨¦ _ÇØ] ÂQu® 8 ©õu[PÒ
PhÜ¢÷uõº _ÇØ] ÂQu® 2 ©õu[PÒ
ö©õzu C»õ£ ÂQu® 25%
31–12–2009 ® ÷uv¯ ö©õzu »õ£® ¹. 4,00,000, CÖva \µUQ¸¨¦
©v¨¦ öuõhUP \µUQ¸¨¦ ©v¨¦ öuõhUP \µUQ¸¨¦ ©v¨¤øÚ
Âh ¹. 10,000 AvP©õP EÒÍx. AßøÓ¯ ÷uv°À ö\¾zxuØS›¯
©õØÖa^mk ¹. 10,000. Psk¤iUP.
(A) ÂØ£øÚ
(B) £Ø£» PhÚõÎPÒ
(C) CÖva \µUQ¸¨¦ ©v¨¦ ©ØÖ®
(D) £Ø£» PhÚõͺPÒ.

23. The following are the balance sheets of S Ltd. as on 31.12.95 and
31.12.96.

Balance Sheets
Liabilities 1995 1996 Assets 1995 1996
Rs. Rs. Rs. Rs.
Share capital 1,00,000 1,25,000 Building 1,00,000 95,000
Reserves 25,000 30,000 Machinery 75,000 85,500
P & L Account 15,250 15,300 Stock 50,000 37,000
Bank loan 35,000 — Debtors 40,000 31,100
Creditors 75,000 67,600 Cash 250 300
Provision for tax 15,000 17,500 Bank — 4,000
Investment — 2,500
2,65,250 2,55400 2,65,250 2,55400
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 Additional Information :
(a) Dividend of Rs. 11,000 was paid.
(b) Machinery was purchased for Rs. 15,000.
(c) Income tax paid during the year Rs. 16,500.
Prepare cash flow statement.
S ¼ªöhmiß 31–12–95 ©ØÖ® 31–12–96 ß ÷uv¯ C¸¨¦ {ø»U
SÔ¨¦PÒ R÷Ç uµ¨£mkÒÍÚ.
ö£õÖ¨¦PÒ 1995 1996 ö\õzxUPÒ 1995 1996
¹. ¹. ¹. ¹.
£[S •uÀ 1,00,000 1,25,000 Pmih® 1,00,000 95,000
Põ¨¦ 25,000 30,000 C¯¢vµ® 75,000 85,500
C»õ£ |mh P/S 15,250 15,300 \µUQ¸¨¦ 50,000 37,000
Á[QUPhß 35,000 — PhÚõͺPÒ 40,000 31,100
PhÜ¢÷uõº 75,000 67,600 öµõUP® 250 300
Á› «uõÚ 15,000 17,500 Á[Q — 4,000
JxURk
•u½kPÒ — 2,500
2,65,250 2,55400 2,65,250 2,55400
Cuµ £µ[PÒ
(A) AÎUP¨£mh £[Põuõ¯® ¹. 11,000
(B) öPõÒ•uÀ ö\´¯¨£mh C¯¢vµ® ¹. 15,000
(C) C¢u Bsk ö\¾zu¨£mh Á¸©õÚ Á› ¹. 16,500
öµõUP Jmh AÔUøP°ß u¯õº ö\´P.

24. F Ltd. is considering two projects. Each requires an investment

of Rs. 10,000. The firm’s cost of capital is 10%. The net cash
inflows from investment in the two projects X and Y are as
follows :
X Y
Year
Rs. Rs.
1 5,000 1,000
2 4,000 2,000
3 3,000 3,000
4 1,000 4,000
5 – 5,000
6 – 6,000
The company has fixed 3 years pay-back period as the cut-off
point. State which project should be accepted.

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F ¼ªmöhm Cµsk vmh[PøÍ £›^¼UQÓx. JÆöÁõ¸
vmhzvß •u½k ¹. 10,000 BS®. A¢u {Ö©zvß ‰»uÚ AhUP®
10% {Pµ öµõUP Jmh® •u½kPÒ X ©ØÖ® Y US R÷Ç
uµ¨£mkÒÍÚ.
X Y
Á¸h®
¹. ¹.
1 5,000 1,000
2 4,000 2,000
3 3,000 3,000
4 1,000 4,000
5 – 5,000
6 – 6,000
C¢{Ö©® {ºn°zxÒÍ v¸®£ ö£Ö® Põ»® 3 BskPÒ
÷©ØPsh vmh[PÎÀ G¢u vmhzvøÚ ÷uºÄ ö\´Áõ´?

———————

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