You can pay in 6 instalment of Rs 125-125 if u have any doubt.
computeroperator4@gmail.com
www.smuassignment.in
www.assignmenthelpforall.blogspot.in
PROGRAM: BCA (REVISED 2007)
SEMESTER: 3RD SEM
SUBJECT CODE & NAME: BC0044– ACCOUNTING AND FINANCIAL MANAGEMENT
CREDIT: 4
BK ID: B0805
MAX. MARKS: 60
Q.1: What is over capitalization? How do we know over capitalization has occurred?
ANS:
Over-capitalization arises when the present capital of the company is noteffectively or properly used. There is excess capital available in thecompany than the actual requirement. A firm is said to be over-
Q.2: Explain the steps involved in Funds Flow statement.
ANS:
1. Preparation of schedule changes in working capital (taking current itemsonly).
2. Preparation of adjusted profit and loss account (to know fund from [or]fund lost in operations).
3. Preparation of accounts for non-current items (Ascertain the hiddeninformation).
Q.3: Explain permanent and temporary working capital.
ANS:
Permanent working capital is the minimum investment in the form ofinventory of raw materials, work-in-progress, finished goods, stores andbook debts to facilitate uninterrupted operations in a firm. This minimumlevel is called the permanent or fixed working capital. It is permanent likethe firm’s fixed assets
Q.4: Following are the extracts from the Trial Balance of a firm as on 31st March 20X7
Additional Information:
1) Additional Bad Debts required Rs.4,000
2) Additional Discount allowed to Debtors Rs.1,000
3) Maintain a provision for bad debts @ 10% on debtors
4) Maintain a provision for discount @ 2% on debtors
Required: Pass the necessary journal entries and show the relevant accounts including final accounts.
ANS:
Q.5: Explain the objectives of cash management
ANS:
This can be studied under two heads: (a) meeting payments schedule and(b) minimize funds committed to cash balances.
Q.6: Why wealth maximization is superior to profit maximization
ANS:
Wealth maximization is also known as value maximization and net present worth maximization. Shareholders’ Wealth Maximization (SWM) is an appropriate an operationally feasible criterion to choose among the alternative financial actions. SWM is the maximization of the net present value or wealth of a
No comments:
Post a Comment