Define financial management and write a note on the need of financial management.
Differentiate between Cash flow statement and Income statement, and Cash flow statement and Receipt & Payment Account.
Write short notes on any three of the following: Accounting Standards in India, Double Entry System, Break-even analysis, Cost of debt, Cash Management, Inventory Management.
Define financial management and write a note on the need of financial management.
Explain various accounting concepts in detail with the help of suitable examples.
Explain and illustrate the following ratios in the interpretation of financial statement: Current Ratio, Gross Profit Ratio, Stock turnover, Operating Ratio.
Calculate the Net Present Value of two projects and, assuming a discount rate of 10%, suggest on the basis of (i) Net Present Value and (ii) Profitability Index Method which of the two projects should be accepted and why.
Explain the Modigliani-Miller approach to capital structure. What are the limitations of this approach?
Compare between Net Present Value Method and Internal Rate of Return.
Calculate the Net Present Value of two projects and, assuming a discount rate of 10%, suggest on the basis of (i) Net Present Value and (ii) Profitability Index Method which of the two projects should be accepted and why.
Explain the Modigliani-Miller approach to capital structure. What are the limitations of this approach?
The following information relates to a project: Cost Rs. 1,00,000, Economic Life 10 years, Annual savings Rs. 20,000, Salvage value at the end of first year Rs. 70,000, Annual decrease in the cost of investment from the second year onward Rs. 10,000. Find out the Bail-out pay back period.
What are the various sources of working capital financing? Describe the owned sources under long-term sources of financing.
X Ltd. has presented the following Balance sheet as on 31st March 2004: Sundry Assets Rs. 4,00,000; Share capital Rs. 2,00,000 (10,000 shares of Rs. 20 each); Reserve and Surplus Rs. 1,50,000; Current obligations Rs. 50,000. If the average profit of X Ltd. is Rs. 40,000 and current rate of capitalisation is 8%, What is the situation of capitalisation?
Write a note on tax planning and financial management decisions.
Many tax concessions are dependent on the nature of business. Discuss this statement and enumerate such tax concessions.
What are the necessary adjustments to be made to net profit of the company to convert it into book profit for computation of minimum alternate tax? Explain the provisions regarding tax credit in respect of MAT.