Download JNTUH (Jawaharlal nehru technological university) MCA (Master of Computer Applications) 1st Sem (First Semester) Regulation-R15 2017 August 821AE Accounting And Financial Management Previous Question Paper
R15
Code No: 821AE
JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD
MCA I Semester Examinations, August - 2017
ACCOUNTING AND FINANCIAL MANAGEMENT
Time: 3hrs
Max.Marks:75
Note: This question paper contains two parts A and B.
Part A is compulsory which carries 25 marks. Answer all questions in Part A. Part B
consists of 5 Units. Answer any one full question from each unit. Each question carries 10
marks and may have a, b, c as sub questions.
PART - A
5 ? 5 Marks = 25
1.
Answer the following in about 5 sentences each:
a) Current Assets.
[5]
b) Causes and consequences of over capitalization.
[5]
c) Statement of changes in working capital.
[5]
d) Master Budget.
[5]
e) Payback period method and its limitations.
[5]
PART - B
5 ? 10 Marks = 50
2.
Explain the procedure to be followed while preparing.
a) Trial balance b) Trading account
[5+5]
OR
3.
Pass a compound journal entry in each of the following cases:
a) Payment made to Ram Rs. 1,000. He allowed a cash discount of Rs. 50.
b) Cash received from Suresh Rs. 800 and allowed him Rs. 50 as discount.
c) A running business was purchased by Mohan with following assets and liabilities:
Cash Rs. 2,000 land Rs. 4,000, furniture Rs. 1,000, stock Rs. 2,000, creditors
Rs. 1,000, bank overdraft Rs. 2,000.
[10]
4.
How do you compute the Weighted Average Cost of Capital of a firm?
[10]
OR
5.
Raj Limited has the following capital structure.
Rs.
100000 Equity shares
40,00,000
9% Preference shares
20,00,000
15% Debentures
30,00,000
14% Long - term loans
10,00,000
--------------
1,00,00,000
---------------
Compute WACC based on existing capital structure. The market price of the companion
share is Rs. 50. The company is to pay a dividend of Rs. 5 per share next year and the
dividend will grow at 8% per year. The tax rate is 50%.
[10]
6.
Discuss the following Ratios and the point out inputs needed to prepare them.
a) Current Ratio b) Net profit Ratio c) Stock turnover Ratio.
[10]
OR
7.
From the following Profit and Loss Account, you are required to compute cash from
operations.
[10]
Profit and Loss Account
For the year ending 31 December 2016
To Salaries
5,000
By Gross Profit
25,000
To Rent
1,000
By Profit on Sale of
5,000
To Depreciation
2,000
Land
To Loss on sale of Plant
1,000
By Income-Tax
3,000
To Goodwill written off
4,000
Refund
To Proposed Dividends
5,000
To Provision for Taxation
5,000
To Net Profit
10,000
33,000
33,000
8.
Explain the practical applications of Break-even analysis.
[10]
OR
9.
A factory which expects to operate 7,000 hours, i.e., at 70% level of activity, furnishes
details of expenses as under:
Variable expenses
1,260
Semi-variable expenses
1,200
Fixed expenses
1,800
The semi-variable expenses go up by 10% between 85% and 95% activity. Construct
a flexible budget for 90 percent activity.
[10]
10.
Answer the following:
a) Sources of raising capital
b) Accounting Rate of Return.
[5+5]
OR
11.
A project cost Rs.50,000 and the estimated cash inflow is Rs.10,000 for 5 years. The cost
of capital is 10%. Calculate NPV and suggest whether the project is accepted or not. The
present value factor of an annuity of Re.1 at 10% in 5 years is 3.791.
[10]
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This post was last modified on 16 March 2023