Account And Finance With Specialization for devloping your financial ability, Study notes of Finance

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7 ede EXAM SEAT HO, THE MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA T.Y.B.COM — Semester V (SEMESTER SYSTEM) Examination ~ November 2017 ‘FINANCIAL MANAGEMENT (3501) Day and Date: Friday, 24" November 2017 Time: 8.00 Affi to 11.00 AIA Notes: 1. All questions are compulsory 2. Show all your workings and Use of simple calculator is permitted 3. Answer both the sections in two separate answer books Maximum Marks: 76 SECTION- [ 4. (A) From the following information complete the Balance sheet: . (10 Marks) Sales ; 5 ; : Rs. 60,00,000 Gross Profit Ratio aT” : 125% ° Stock Turnover Ratio (Based on Cost of Good Sold) : 9 Times Fixed Asset Tumover Ratio : 6 Times Total Asset Turnover Ratio : 2 Times Average Gollection Period . : : 2.4 Months Current Ratio 144 : Fixed Asset to Shareholders Fund 20.5 Reserve and Surplus is 60% of Share Capital - Balance Sheet Liabilities Amt (Rs.) Assets Amt (Rs.) Share Capital 2 Fixed Assets 2 Reserve & Surplus 2 Current Assets 2 1 [ Long Term Debt : 2 Stock ? i Current Liabilities 2 Debtors 2 Be Cash 2 Total 2 Total 2 4. (B) From the following Balance sheet and other information calculate : (i) Current Ratio, (ii) Liquid Ratio, (iii) Debtors Turnover Ratio, (Iv) Interest Coverage Ratio, (v) Debt Equity Ratio, " (vi) Net Profit Margin Ratio of Lajpat Limited. {8 Marks) Balance Sheet of Lajpat Limited as on 31 march 2017. Liabilities Amt (Rs.) Assets Amt (Rs.) Share Capital 45,00,000 Fixed Assets 50,00,000. - Reserve & Surplus 15,00,000 Current Assets 10 % Debentures 25,00,000 _Stock 42,00,000 i Current Liabilities - 5,00,000 Debtors ~15,00,000 i “ Cash : 43,00,000 : go Total 90,00,000 Total = .90,00,000__ Other Information: ° ; : Sales (60% Credit Sales) : Rs. 2,50,00,000 Profit Before Interest and Tax: Rs, 50,00,000 POX ogee : > 40% mR Scanned by CamScanner