SMU MBA Sem 1 Fall 2016 Assignments

1. ASSIGNMENT
DRIVE FALL 2016
PROGRAM MBA
SEMESTER I
SSUBJECT CODE &
NAME
MBA104
FINANCIAL AND MANAGEMENT ACCOUNTING
BK ID B1624
CREDIT 4
MARKS 30
Note: Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Q.No Question Marks Total Marks
1
Based on the following information prepare the Balance Sheet of Star Enterprises
Ltd. as on
31st
March 2016. Show workings and assumptions, if any.
Current Ratio 2.5
Liquidity Ratio 1.5
Net working Capital Rs. 6,00,000
Inventory turnover Ratio 5
Ratio of gross profit to Sales 20 %
Turnover Ratio to net fixed assets 2
Average Debt collection period 2.4 months
Fixed Assets to net worth 0.8
Long term debt to capital and
reserve
7/25
A Based on the above information prepare the
Balance Sheet of Star Enterprises Ltd. as on 31st
March 2016. Show workings and assumptions, if
any.
10 10
2 Explain Balance Scorecard. Give an illustration of Balance Score Card.
A Explain Balance Scorecard
Give an illustration of Balance Score Card
5
5
10

2. 3
From the following Balance Sheet of ABC Ltd. as on 31. 03. 2015 and 31. 03. 2016,
prepare
Cash Flow Statement as per AS-3 using the Indirect method:
Liabilities 31.03.2015 31.03.2016
Capital 50,00,000 50,00,000
Retained Earnings 26,50,000 36,90,000
Debentures - 9,00,000
Current liabilities
Creditors 8,80,000 8,20,000
Bank loan 1,50,000 3,00,000
Liability for Expenses 3,30,000 2,70,000
Dividend Payable 1,50,000 3,00,000
91,60,000 1,12,80,000
Assets
Plant and Machinery 27,30,000 40,70,000
Less : Depreciation 6,10,000 7,90,000
21,20,000 32,80,000
Current Assets
Debtors 23,90,000 28,30,000
Less: Provision 1,50,000 1,90,000
22,40,000 26,40,000
Cash 15,20,000 18,20,000
Marketable Securities 11,80,000 15,00,000
Inventories 20,10,000 19,20,000
Prepaid Expenses 90,000 1,20,000
91,60,000 1,12,80,000
Additional Information:
1. Net profit for the year ended 31.03.2016, after charging depreciation Rs.
1,80,000 is
Rs. 22,40,000.
2. Debtors of Rs. 2,30,000 were determined to be worthless and were written off
against
the provisions for doubtful debts account during the year.
3. ABC Ltd. declared dividend Rs. 12,00,000 for the year 2015-16.
A From the above Balance Sheet of ABC Ltd. as on
31. 03. 2015 and 31. 03. 2016, prepare Cash
Flow Statement as per AS-3 using the Indirect
method.
10 10