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Loyola College M.Com April 2007 Managerial Economics Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

TH 42

M.Com. DEGREE EXAMINATION – COMMERCE

SECOND SEMESTER – APRIL 2007

CO 2802 / CO 2900 – MANAGERIAL ECONOMICS

 

 

Date & Time: 27/04/2007 / 1:00 – 4:00      Dept. No.                                            Max. : 100 Marks

 

 

 

SECTION – A                                     2 x 10 = 20

 

Answer All questions in not more than 3 lines each.

 

  1. State any 2 distinctions between producers goods and consumers goods.
  2. What is the difference between derived demand and autonomous demand?
  3. State any 3 factors that determine market share.
  4. What is a shut down cost?
  5. What are abandonment costs?
  6. What are postponable costs?
  7. Explain the Veblen effect.
  8. Briefly explain the Giffen’s paradox.
  9. Why is AR=MR=P in Perfect competition?
  10. What is Normal Profit?

 

SECTION – B                                                 5 x 8 = 40

 

Answer any 5 in not more than 2 pages each.

 

  1. Explain the Criteria for a good demand forecasting method.
  2. Write a note on the different kinds of pollution.
  3. Write a note on Demand determinants.
  4. What is the role of a managerial economist in a modern business enterprise?
  5. Briefly explain the phases of a business cycle.
  6. Explain Short term Price-Output determination.
  7. What are the characteristics of a monopoly market?
  8. Explain the 3 types of Oligopolistic price leadership.

 

SECTION – C                                   2 x 20 = 40

 

Answer any 2 in not more than 4 pages each.

 

  1. What are the features of a perfectly competitive market?
  2. Write a note on the Scope of managerial economics.
  3. Explain the following equilibrium an under monopolistic competition:

(a) Short term supernormal profit.

(b) Short term minimum loss equilibrium.

(c) Long term normal profit equilibrium.

 

 

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Loyola College M.Com April 2007 Management Accounting Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

TH 48

M.Com. DEGREE EXAMINATION – COMMERCE

THIRD SEMESTER – APRIL 2007

CO 3806 / 3801 – MANAGEMENT ACCOUNTING

 

 

 

Date & Time: 28/04/2007 / 9:00 – 12:00      Dept. No.                                        Max. : 100 Marks

 

 

PART – A

 

Answer ALL questions                                                                      (10 x 2 = 20 marks)

 

  1. Explain the scope of Management Accounting?
  2. Distinguish between Management Accounting and Cost Accounting.
  3. Illustrate the uses of Cash flow statement.
  4. State the need for working capital.
  5. Discuss the advantages of Zero – base Budgeting.
  6. How do standard cost differ from estimated cost?
  7. Your are required to calculate BEP when Profit Rs.5,000 (20% sales) PV ratio is 50%.
  8. CR. 2.5, working capital Rs.63,000. Calculate current assets and current Liabilities.
  9. Calculate Sales value variance and sales price variance from the following particulars.

Product      Budget qty      Budget price p/u         Actual qty       Actual price p/u

A                 400                    30                                        500                        31

  1. Calculate cash from operations: Net profit for 2005 Rs.25,000 Depreciation Rs.1,000, Prepaid

expenses on   1.1.05 Rs.2,000,  Prepaid expenses on 31.12.05 Rs.1,000.    Outstanding  salary on

31.12.05 Rs.500.

PART – B

Answer any FIVE questions                                                                          (5 x 8 = 40 marks)

 

  1. Discuss the Managerial use of Fund Flow statement.
  2. “Ratio Analysis is a tool of management for measuring efficiency and guiding business

policies” Discuss.

 

  1. From the following details, calculate funds from operations.

 

Particulars Rs. Particulars Rs.
Salaries 5,000 Closing balance of P&L a/c 60,000
Discount on issue of debentures 2,000 Opening balance of P&L a/c 25,000
Provision for bad debts 1,000 Transfer to GR    1,000
Rent 3,000 Preliminary expenses written off    3,000
Refund of Tax 3,000 Goodwill written off    2,000
Profit on sale of building 5,000 Proposed dividend    6,000
Depreciation on plant 5,000 Dividend received    5,000
Provision for Tax 4,000
Loss on sale of plant 2,000

 

  1. The capital of Everest co ltd is as follows:

Rs.

9% Preference shares of Rs.10 each               3,00,000

Equity shares of Rs.10 each                            8,00,000

————

11,00,000

————

 

The accountant has ascertained the following information’s:

  1. a) Profit after Tax @ 60% Rs.2,70,000 b) Depreciation Rs.60,000 c) Equity dividend paid 20%   d) Reserves Rs.77,000  e) Market price per equity shares Rs.40.  Calculate  a) Dividend yield on equity shares   b) Cover for preference and equity dividends.  c) Earning per share
  2. d) The price earning ratio e) Dividend pay out ratio f) Book value per share.

 

  1. Assuming the cost structure and selling prices remain the same in periods I and II, Find

out  a) PV ratio  b) BEP sales   (c) Profit when sales are Rs.10,000   d) Sales required to

earn a   profit of Rs.20,000.

Period              Sales                Cost

 

I                       1,20,000          1,11,000

II                     1,40,000          1,27,000

 

  1. Draw a Material Procurement Budget from the following details estimated sales of a

product  40,000 units.  Each unit of the product requires 3 units of material A and 5 units

of material B.

 

Estimate opening balance Material on order
Finished product 5,000 uts —
Material A 12,000 uts Material A 7,000 uts
Material B 20,000 uts Material B 11,000 uts
Estimate closing balance Materials of order
Finished product 7,000 uts ———
Material A 15,000 uts Material A 8,000 uts
Material B 25,000 uts Material B 10,000 uts

 

  1. The standard material and standard cost per kg of material required for the production of

one unit of product A is as follows.

Material – 5 kgs standard price Rs. 5 per kg.  The actual production and related material data

are as follows 400 units of product A, Materials used 22000 kgs Price of Material Rs.4.50 per kg.  Calculate  (a) Material cost Variance   b) Material usage variance   c) Material price variance.

 

  1. From the following data calculate labour variance standard time p.u 2.5 hrs. Actual hours

2,000 standard wages rate Rs. 2 per hour, Actual out put 1,000 uts.  Actual wages

Rs.4,500.   20% of actual time has been lost due to machinery break down.

 

 

 

 

 

 

 

 

 

PART – C

 

Answer any TWO questions                                                              (2 x 20 = 40 marks)

 

  1. With the help of the following ratios of Edward Ltd draw balance sheet.

Current Ratio 2.5, Liquid Ratio 1.5, Networking capital Rs.3,00,000, stock turnover ratio: 6

times, Gross profit  Ratio 20% Debit collection period 2 months.  Fixed asset Turnover

Ratio: 2 times fixed asset to share holders noteworthy : 0.80

Reserve and surplus to capital  0.50.

Hint: Turn over refers to cost of sales

 

  1. The summaries Balance sheet of kumar Ltd as on 31.3.05 and 31.3.06 are as follows

 

Liabilities 31.03.05 31.03.06 Assets 31.03.05 31.03.06
Share capital 4,50,000 4,50,000 Fixed Assets 4,00,000 3,20,000
General Reserve 3,00,000 3,10,000 Investments    50,000    60,000
P&L a/c    56,000    68,000 Stock 2,40,000 2,10,000
Creditors 1,68,000 1,34,000 Debtors 2,10,000 4,55,000
Tax provision    75,000    10,000 Bank 1,49,000 1,97,000
Mortgage Loan 2,70,000
10,49,000 12,42,000 10,49,000 12,42,000

 

Additional information a) Investments castings Rs. 8,000 were sold for Rs.8,500  b) Tax provision made during the year was Rs.9,000. c) During the year part of the fixed assets costing Rs.10,000 was sold for Rs.12,000 and the profit was including in P&L a/c.  You are required to prepare cash flow statement for the year ended 31.03.2006.

 

  1. The following particulars are taken form the record of a company engaged in manufacturing two products X and Y for a certain raw material

 

Particulars Product X Product Y
Sales 125.00 250.00
Material cost (Rs.2.50 per kg) 25.00 62.50
Wages m(Rs. 15 per hour) 37.50 75.00
Variable over head 12.50 25.00

 

Total fixed over head Rs.50,000.  Comment oh the profitability of each product when

  1. Total availability of raw material is 20,000 kgs and maximum sales potential of each product is 1,000 units Find out the product mix to yield maximum profit.
  2. Total sales value of limited
  3. Labour Time is limited

Production capacity in units is a key factor.

 

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Loyola College M.Com April 2007 Labour Legislation Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

TH 61

M.Com. DEGREE EXAMINATION – COMMERCE

FOURTH SEMESTER – APRIL 2007

CO 4959 – LABOUR LEGISLATION

 

 

 

Date & Time: 23/04/2007 / 9:00 – 12:00  Dept. No.                                              Max. : 100 Marks

 

 

 

SECTION – A

 

  1. Answer all the questions: 10 x 2 = 20 Marks

 

  1. State the objectives of the Factories Act, 1948.
  2. What are the duties of the Certifying Surgeons?
  3. What is meant by Subsistence Allowance?
  4. What is the effect of certification of standing orders?
  5. Mention any four matters over which labour court can exercise jurisdiction.
  6. List out the different authorities constituted under the Industrial Disputes Act.
  7. When is the lump-sum compensation payable under the Workmen’s Compensation Act, 1923?
  8. A workman, on completion of his day’s work, was going home.  On way he was injured by an accident without any fault or negligence on his part.  Is the employer liable to pay compensation?
  9. An employee who is earning Rs.400 per month was fined by the employer Rs.15 for an act duly specified by a notice exhibited on the premises of the factory.  The employee contends that not more than Rs.12 should be deducted as under the payment of wages Act, 1936, only 3 paise in the rupee can be imposed as maximum fine.  Advice.
  10. A fine is imposed on an employed person on 1st January 2007.  The employer seeks to recover the fine on 7th March 2007.  Can be recover?  State reasons for your answer.

 

 

SECTION – B

 

  1. Answer any FIVE questions only: 5 x 8 = 40 Marks

 

  1. Explain briefly the provisions relating to employment of women and young person as per the Factories Act, 1948.
  2. Highlight the provisions relating to Deductions under the Payment of Wages Act, 1936.
  3. Bring out the rules relating to payment of contribution as per the Workmen’s Compensation Act, 1923.
  4. Explain the provisions relating to Health as per the Factories Act, 1948.
  5. What are the objectives of the Standing Orders Act?  State the procedure for obtaining the certification.
  6. Condense the provisions relating to Annual leave with wages as per the Factories Act, 1948
  7. Explain the following:
    1. Disablement B. Occupational diseases
  8. Distinguish between Strike and Lock out

 

 

SECTION – C

 

III. Answer any TWO questions only:                                            2 x 20 = 40 Marks

 

  1. Discuss in detail the provisions relating to Safety as per the Factories Act, 1948.
  2. Narrate the roles of various authorities constituted under the Industrial Disputes Act, 1947 to resolve industrial disputes.
  3. Explain in detail the matters to be specified in the standing orders.  Bring out the procedure for modification of the standing orders.

 

 

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Loyola College M.Com April 2007 Human Resource Management Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

TH 32

M.Com. DEGREE EXAMINATION – COMMERCE

FIRST SEMESTER – APRIL 2007

CO 1804 / 1800 – HUMAN RESOURCE MANAGEMENT

 

 

Date & Time: 25/04/2007 / 1:00 – 4:00      Dept. No.                                       Max. : 100 Marks

 

 

PART – A

 

Explain the following terms in FIVE line each:                                             (10 x 2 = 20 marks)

 

  1. Human resource management
  2. Manpower planning
  3. Training
  4. Development
  5. Grievances
  6. Discipline
  7. Quality of work life
  8. Fringe benefits
  9. Recruitment
  10. Performance appraisal

PART  – B

 

Answer any FIVE questions.  Answer should not exceed two pages each:        (5 x 8 = 40 marks)

 

  1. Why is there a need for human resource department in an organization?
  2. State the objectives of recruitment
  3. State the objectives of training
  4. State the objectives of performance appraisal
  5. What is job analysis?  What are the advantages of having job analysis? Explain the scope of analysis.
  6. How will you deal with grievances in an organization?
  7. What are the various factors that are associated with quality of work life?
  8. What are the environmental factors you will take in to account while doing manpower planning?

 

PART – C

(2 x 20 40 marks)

 

Answer any TWO questions.  Answer should not exceed more than 4 – 6 pages each:

 

  1. What are the challenges faced by a HR Manager? How will you deal with such challenges
  2. Explain the various methods of performance appraisal.
  3. Explain the various methods of training and development.

 

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Loyola College M.Com April 2007 Financial Management Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

TH 56

M.Com. DEGREE EXAMINATION – COMMERCE

FOURTH SEMESTER – APRIL 2007

CO 4801 / 4800 / 1807 – FINANCIAL MANAGEMENT

 

Date & Time: 25/04/2007 / 9:00 – 12:00      Dept. No.                                       Max. : 100 Marks

 

 

SECTION – A

Answer ALL questions:                                                                        ( 10 x 2 = 20 )

 

  1. Give any four advantages of financial forecasting?
  2. Under what situations investment decisions are mainly guided by payback period method?

 

  1. What do you mean by Combined Leverage?
  2. How ABC analysis enables in controlling inventory?
  3. What is permanent working capital?
  4. What are the components of cost of capital?
  5. What is meant by ‘capital rationing’?
  6. A company has the following capital structure:

Equity share capital                             Rs. 1,00,000

10% Preference share capital                     1,00,000

8% Debentures                                                      1,25,000

The present EBIT is Rs.50,000.  Calculate the financial leverage assuming that company is in 50% tax bracket.

 

  1. A project costs Rs.15,60,000 and yields annually a profit of Rs.2,70,400 after depreciation of 12% p.a but before tax at 25%. Calculate pay-back period.

 

  1. MNR Ltd. has the following capital structure: (Rs.lakhs)

Equity capital                                                                     30

Debt (16%)                                                                        60

90

Corporate tax rate is 40%. The cost of equity is assumed to be 24%.  Calculate the weighed average cost of capital of the company.

SECTION – B

Answer any FIVE questions:                                                                    ( 5 x 8 = 40)

 

  1. 11. How would you justify the adoption of present value maximization as an apt substitute for it?

 

  1. Examine the inter-relationship among the investment, financing and dividend decisions.
  2. What are the objectives of cash management?
  3. What do you mean by optimal capital structure? Make out a list of factors determining optimum capital structure.

 

  1. Write note on (a) M-M Theory and (b) Trading on equity

 

  1. X Ltd. is expecting an annual EBIT of Rs.1 lakh. The company has Rs.4.00 lakhs in 10% debentures. The cost of equity capital is 12.5%. You are required to calculate the value of the firm.

 

 

  1. A company is considering raising of funds of about Rs.100 lakhs by one of two alternative

methods – 14% institutional term loan and 13% non-convertible debentures.  The term loan option would attract no major incidental cost.  The debentures would have to be issued at a discount of 2.5% and would involve cost of issue of Rs.1 lakh.  Advice the company as to the better option based on the effective cost of capital in each case.  Assume a tax rate of 50%.

 

  1. The earnings per share of a company are Rs.16. The market rate of discount applicable to the company is 12.5%. Retained earnings can be employed to yield a return of 10%. The company is considering a pay-out of 25%, 50% and 75%.  Which of these would maximize the wealth of shareholders?

 

SECTION – C

Answer any TWO questions:                                                                 ( 2 x 20 = 40 )

 

  1. A firm can purchase for Rs.2,500 an asset having life of 5 years after which its salvage value is Rs.500. The firm provides depreciation on straight line method.  Purchasing and using the asset will increase the firm’s expected revenues by Rs.1,500 per year and will raise its expected operating expenses (not including depreciation and interest) by Rs.700 per year.  The corporate tax is 50% and the cost of capital of the firm is 10%.

 

The firm can also lease the asset for a yearly rental of Rs.650.  The incremental revenue will be same at Rs.1,500 per year and the increase in firm’s expected non-depreciation expense is Rs.600 per year only.  Evaluate the proposals.

 

  1. Two projects M and N which are mutually exclusive are being under consideration. Both of them require an investment of Rs.1,00,000 each. The net cash inflows are estimated as under :

 

Year M

Rs.

 N

Rs.
1

2

3

4

5

 10,000

40,000

30,000

60,000

90,000

 30,000

50,000

80,000

40,000

60,000

 

The company’s targeted rate of return on investments is 12%. You are required to assess the projects on the basis of their present values, using (1) NPV method and (2) Profitability index method.

Present values of Re.1 at 12% interest for five years are given below:

1st year : 0.893; 2nd year : 0.797; 3rd year : 0.712; 4th year : 0.636; 5th year : 0.567.

 

 

  1. The cost sheet of PQR Ltd. provides the following data :
Cost per unit
Raw material Rs.50
Direct Labour 20
Overheads (including depreciation of Rs.10) 40
Total cost 110
Profits 20
Selling price 130

 

Average raw material in stock is for one month.  Average material in work-in-progress is for  ½ month. Credit allowed by suppliers: one month; credit allowed to debtors : one month.  Average time lag in payment of wages : 10 days; average time lag in payment of overheads 30 days. 25% of the sales are on cash basis. Cash balance expected to be Rs.1,00,000.  Finished goods lie in the warehouse for one month.

 

You are required to prepare a statement of the working capital needed to finance a level of the activity of 54,000 units of output.  Production is carried on evenly throughout the year and wages and overheads accrue similarly.  State your assumptions, if any, clearly.

 

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Loyola College M.Com April 2007 Entrepreneurship & Small Business Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

TH 44

M.Com. DEGREE EXAMINATION – COMMERCE

SECOND SEMESTER – APRIL 2007

CO 2951 – ENTREPRENEURSHIP & SMALL BUSINESS

 

 

Date & Time: 26/04/2007 / 1:00 – 4:00      Dept. No.                                       Max. : 100 Marks

 

 

 

Section  A:

Answer ALL Questions                                                          (10×2=20  Marks)

 

  1. List the major objectives of small -scale enterprise.
  2. How is a project formulated?
  3. Enumerate the differences between PERT and CPM.
  4. Mention the stages for promoting small entrepreneurship.
  5. Which are the important environment pollution related clearances?
  6. Mention the central level institutions supporting small business enterprises in India.
  7. What is depreciation allowance in the context of incentives and subsidies.
  8. What do you mean by joint ventures?
  9. When is payback method suitable in appraising projects?
  10. Why is ‘Seed Capital’ insisted to be supplied by the entrepreneurs?

 

Section B

Answer any FIVE Questions                                                    (5×8=40 Marks)

 

  1. ‘None of the four forms of business ownership is best in all respects’-

Discuss.

  1. Why is a business plan so important for an entrepreneur; an investor a customer; a supplier?
  2. Examine the various industry associations supporting small- scale sector in India.
  3. Examine the models suggested for the development of entrepreneurship.
  4. How do joint ventures differ from merger activity? In what ways are they similar?
  5. Explain the type of entrepreneurial decision to be taken while launching a new small-scale enterprise.
  6. What is Internal rate of return? Explain its superiority over the traditional methods of project evaluation.
  7. Explain how the family background of a person influences the growth of entrepreneurship.

 

 

Section C

Answer any TWO Questions                                            (2×20=40 Marks)

 

  1. ‘Small-scale industries serve as seed-bed of entrepreneurship

development’-  Discuss. Examine role played by small- scale enterprises

in the development of   national economy.

  1. What is feasibility Report? Highlight the salient features of a feasibility

report. Present the feasibility report of hypothetical unit of your choice.

  1. ‘One of the most important inhibitory factors restrict the supply of

entrepreneurs in India is the availability and supply of Capital’ –

comment. Critically examine the role played by various sources of capital

and growth of entrepreneurship in India.

 

 

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Loyola College M.Com April 2007 Corporate Accounts & Accounting Standards Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

TH 60

 

M.Com. DEGREE EXAMINATION – COMMERCE

FOURTH SEMESTER – APRIL 2007

      CO 4958 – CORPORATE ACCOUNTS & ACCOUNTING STANDARDS

 

 

Date & Time: 23/04/2007 / 9:00 – 12:00Dept. No.                                              Max. : 100 Marks

 

SECTION – A

Answer ALL the questions                                                        (10 * 2 = 20)

  1. What are the objectives of accounting standards?
  2. State the three fundamental accounting assumption as per AS – 1.
  3. When should the revenue be recognized in the case of real estate transation?
  4. State any two assets which fall under the fixed assets category but AS 10 is not

applicable.

  1. What is potential equity share?
  2. When an asset is said to be impaired?
  3. What is the meaning of “Provision” as per AS – 29?
  4. What is restructuring cost?
  5. What is purchase consideration?
  6. On 31-3-02, A Ltd traded is an old machine having carrying amount of

Rs.16,800 and paid cash difference of Rs.6000 for a new machine having a

total cash price of Rs.20,500. On 31-3-02, what amount of loss should  ALtd

recognize on this exchange?

SECTION – B

Answer any five questions                                                        (5*8 = 40)

 

  1. What is meant by value added ratio ? Explain the different value added ratios

and their importance.

  1. Briefly explain the provisions of AS-4 on contingencies and events occurring

after the balance sheet date.

  1. a) NDA Co.purchased a machine costing Rs.1,25,000 for its manufacturing

operations and paid shipping costs of Rs. 20,000.NDA spent an additional

amount of Rs.10,000 for testing and preparing the machine for use. What

amount should NDA record as the cost of the machine.

  1. b) On Dec 1,2001, Induga Co, purchased Rs.4,00,000 worth of land for a

factory site. Induga razed an old building on the property and sold the

materials it salvaged from the demolition. It incurred additional costs and

realized salvage  proceeds during December 2001 as follows :

Demolition of old building                                                       Rs.50,000                                              Legal fees for purchase contract and recording ownership      Rs.10,000

Title guarantee insurance                                                         Rs.12,000

Proceeds from sale of salvaged materials                                             Rs. 8,000

In its December 31,2001 Balance sheet ,at what value Induga Co, should   report in the  balance sheet under land account.

 

  1. What is merger as per AS – 14? What method of accounting is suggested in

merger?

 

 

 

 

 

 

 

 

  1. X Ltd ,is having a plant (Asset) carrying amount of which is Rs.250 lakhs on

31-3-2002 its balance useful life is 5 years and residual value at the end of 5

years is Rs.5 lakhs. Estimated future cash flow from using the plant in next 5

years are :-

for the year ended       estimated cash inflow(Rs.in lakhs)

31.3.03                        50

31.3.04                        30

31.3.05                        30

31.3.06                        20

31.3.07                        20

 

Calculate value in use for plant if the discount rate is 10% and also calculate

the recoverable amount  and impairment loss , if net selling price of plant on

31-3-2002 is Rs.60 lakhs.

  1. What is enterprise resource planning? State the advantages of it.
  2. A company carried forward a balance of Rs.1,20,000 in the profit & loss account from the year ended 31st March 1996.During the year 1997 it made a further profit before tax of Rs.8,00,000.It was decided that following provisions and transfers be carried out :
  3. i) Dividend equalization account Rs.30,000
  4. ii) Provision for taxation Rs.2,20,000

iii) General reserve Rs.1,05,000

  1. iv) Development rebate reserve Rs.1,10,000
  2. v) Dividend at 9% (tax free) on preference shares of rs.5,00,000
  3. vi) Dividend at 15% on 1,00,000 equity shares of Rs.10 each fully paid.

You are required to give profit & loss appropriation account and give journal entries for payment of dividend. Tax deducted at source is 20%.

  1. On 01-01-2001 Bermin Ltd. Had 500000 shares outstanding, on 01-03-2001,it issued one new share for each five shares outstanding at Rs.15.Fair value of one equity share immediately before the right issue was Rs.21.Net profit for the year 2000 was Rs.11,00,000 and for 2001 Rs.15,00,000. Calculate the basic EPS for 2001 restated EPS for 2000.

 

SECTION-C

Answer any two questions:                                                        (2*20 =40)

 

  1. Following are the balance sheet of A Ltd and B Ltd .as on 31.03.2002
 

Particulars

 A Ltd

Rs.

 B Ltd

 

  

Particulars

 A Ltd

Rs.

 B Ltd
Share Capital : 40,000 Equity shares of Rs.100 each

General Reserve

Current Liabilities

Provision for tax

Proposed dividend

  

40,00,000

 

 

30,00,000

30,00,000

–

–

 

1,00,00,000

  

10,00,000

 

 

5,00,000

1,00,000

1,00,000

2,00,000

 

19,00,000

 

 Fixed Assets

Investments

Good will

Current Assets

 30,00,000

5,00,000

–

65,00,000

 

 

 

 

 

1,00,00,000

 

 3,50,000

–

50,000

15,00,000

 

 

 

 

________

19,00,000

 

 

 

B Ltd . is to be absorbed by A Ltd .On the following  terms :

1) B Ltd , declares a dividend of 20% before absorption for the payment of which it

is to retain sufficient amount of cash .

2)  The net worth of BLtd is valued at  Rs.16,00,000.

3)  The purchase consideration is satisfied by the issue of fully paid – up shares of

Rs.100 each in A Ltd.

Following further information is also to be taken into consideration :

  1. i) A Ltd holds 5,000 shares of BLtd at a cost of Rs . 3,00,000
  2. ii) The stocks of BLtd include item valued at Rs.1,00,000 purchased from A

Ltd  (cost to A Ltd Rs.75,000)

iii) The creditors of B Ltd include Rs.50,000 due to A Ltd.

Show ledger accounts in the books of BLtd. To give effect to the above and balance

sheet of A Ltd after completion of the absorption.

 

20.The following are the Balance sheet of  Hltd. And S ltd.as on 31st march 1999.

Liabilities                     Hltd.    Sltd.                 Assets                  Hltd.            Sltd.

Shares of Rs.100Each     5,00,000      4,00,000      Fixed assets       2,50,000   2,00,000

General reserve             1,00,000      1,00,000        investment in

Sltd.                    2,50,000       —

Profit/loss a/c                2,00,000    1,50,000          Current Assets    4,00,000   5,50,000

Current liabilities           1,00,000    1,00,000

————–       ———–                                  ———-    ———–

9,00,000       7,50,000                                  9,00,000   7,50,000

—————     ————                                 ———-    ———–

  1. Hltd.acquired 2000 shares in Sltd.on 1.4.98 when the latter’s general reserve

and profit /loss a/c were Rs.2,50,000  and Rs.1,00,000 respectively.

 

  1. on 30.6.98 Sltd. Declared 20% dividend out of pre-acquisition profits  and

Hltd. Credited the amount received to its P/La/c.

 

  1. on 31.10.98 Sltd. Issued bonus shares in the ratio of 3for 5 shares held out of

the  general reserve.Hltd. made no entry in its books  for the bonus shares

received.

 

  1. Sltd. owed Hltd.Rs.50,000 on 31.3.99 on account of  goods supplied on credit.

However all of those goods were already disposed off by Sltd.

Prepare a  consolidated Balance sheet as at  31st march 1999.

 

  1. When do you recognize revenue in the following cases as per AS-9
  2. Sale of goods
  3. Rendering of services

Explain the above two with revenue recognition norms  for different categories  of

sales and services.

 

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Loyola College M.Com April 2007 Consumer Behaviour Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

M.Com. DEGREE EXAMINATION – COMMERCE

TH 39

SECOND SEMESTER – APRIL 2007

CO 2808 – CONSUMER BEHAVIOUR

 

 

 

Date & Time: 19/04/2007 / 1:00 – 4:00     Dept. No.                                                             Max. : 100 Marks

 

 

SECTION – A

 

Answer ALL questions in not more than 3 lines each                                   (2 x 10 = 20 marks)

 

  1. What are generic goals?
  2. What is an avoidance object?
  3. Define personality.
  4. Who is a verbalizer?
  5. What are sensory receptors?
  6. Why are Behavioral learning theories referred to as stimulus – response theories?
  7. What is a symbotic reference group?
  8. What is social status?
  9. What is sub-culture?
  10. What is relationship marketing?  What is at its heart?

 

 

SECTION – B

 

Answer any FIVE in not more than 2 pages each                                          (5 x 8 = 40 marks)

 

  1. When will a person adopt defense mechanisms?  What are its different manifestations?
  2. Write a note on the trio of needs.
  3. How can selective perception (exposure) and psychological noise he barriers to communication?  Suggest ways to overcome these.
  4. How is culture learned?
  5. How would you market products to older consumers?
  6. Explain the three levels of Consumer Decision Making.
  7. How do consumers handle risk?
  8. Explain the factors which indicate social class.

 

 

SECTION – C

 

Answer any TWO in not more than 4 pages each                                    (2 x 20 = 40 marks)

 

  1. Write a note on Consumer innovativeness.  Explain the marketing significance of each type.
  2. Write a note on the dynamics of perception.
  3. Explain any four groups which can influence consumers’ attitude and behaviour.

 

 

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Loyola College M.Com April 2007 Company Law Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

M.Com. DEGREE EXAMINATION – COMMERCE

TH 36

SECOND SEMESTER – APRIL 2007

CO 2804 – COMPANY LAW

 

 

 

Date & Time: 18/04/2007 / 1:00 – 4:00      Dept. No.                                                          Max. : 100 Marks

 

PART – A

 

Explain the following legal terms in FIVE line each:                                          (10 x 2 = 20 marks)

 

  1. Company
  2. Shares
  3. Prospectus
  4. Director
  5. Allotment of shares
  6. Operation
  7. Memorandum of association
  8. Qualification shares
  9. Government company
  10. Incorporation certificate

 

PART  – B

 

Answer any FIVE questions.  Answer should not exceed two pages each:             (5 x 8 = 40 marks)

 

  1. What are the differences between memorandum and articles of association?
  2. What are the differences between shares and stock?
  3. Explain the rule in Foss verses Harbottle.  What are its exceptions?
  4. Explain the facts of the case Royal British Bank V/S Turquand.  State its exceptions.
  5. How will you alter the articles of the association?
  6. Explain the rules regarding the allotment of shares.  What are the consequences of irregular allotment shares?
  7. What are rights and duties of Director?
  8. What are the differences between equity shares and preference shares?

 

PART – C

(2 x 20 40 marks)

Answer any TWO questions.  Answer should not exceed more than 4 – 6 pages each:

 

  1. State the contents of the prospectus.
  2. How will you alter the memorandum of association clause wise?
  3. Explain the various methods of appointing directors in a company.  Explain rules for calculating managerial remuneration payable to directors.

 

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

TH 43

M.Com. DEGREE EXAMINATION – COMMERCE

SECOND SEMESTER – APRIL 2007

CO 2950 – BUSINESS TAXATION

 

 

Date & Time: 26/04/2007 / 1:00 – 4:00      Dept. No.                                           Max. : 100 Marks

 

 

SECTION – A

Answer ALL questions:                                                                        ( 10 x 2 = 20 )

 

  1. Distinguish Direct Tax from Indirect Tax.

 

  1. What is the Rule pertaining to the manner of payment of duty as referred in Central

Excise Rules.

 

  1. M/s. XYZ Distillery purchased yeast from the market and mixed the same with

Molasses .The  mixture called wash is used for production of alcohol. M/s. XYZ

contends that ‘wash’ is not excisable as it has no shelf-life of more than 8 hours.

Please offer your considered views with the help of decided case law.

 

  1. Define ‘Duty’ under the Customs Act.

 

  1. Find the customs duty payable from the following particulars :

– Customs value (Assessable value) of imported goods is Rs.3,00,000.

– Customs duty payable 50%

– Had the goods been produced in India the excise duty payable would have been
10%

 

  1. What are the conditions a firm should fulfill under section 184?

 

  1. State the basic conditions to determine residential status of an Individual.

 

  1. Who are exempted from paying Wealth Tax?

 

  1. State the maximum permissible limit on remuneration to partners of a firm
    carrying on Profession.

 

  1. Give an account of various professions which have been referred to in section
    44AA.

 

 

 

 

 

 

 

 

 

 

 

 

SECTION – B

Answer any FIVE questions:                                                                    ( 5 x 8 = 40 )

 

11.  Define the term ‘Goods’ under Central Excise Act.

 

  1. How would you arrive at the assessable value for the purposes of levy of excise
    duty from the following particulars :
Cum-duty selling price exclusive of sales tax Rs.10,000
Rate of excise duty applicable to the product 15%
Trade discount allowed Rs.1,200
Freight Rs.750

 

  1. Bring out the salient features of Refund procedures under Customs Act.

 

  1. What is VAT? What are its objectives?

 

15.What is Agricultural income? Is income from agriculture fully exempt from tax in

the hands of all the assesses? Explain the provisions of income tax Act relating to

agricultural income.

 

  1. Xerox ltd. Is engaged in the business of carriage of goods. On April 1,2006 it owns 10 trucks (of which 6 are heavy goods vehicle). On may 6, 2006 one of the heavy goods vehicles is sold by X Ltd. to purchase a light goods vehicle on may 10th 2006 which is put to use only from June 17,2006. Find out the net income of Xerox Ltd. for the assessment year 2007-08 taking into account the following data:

 

Freight collected                     Rs.8,90,000

Operating expenses                 Rs.6,40,000

Depreciation                           Rs.1,90,000

Other expenses                        Rs.15,000

Net profit                                Rs.45,000

Other income                          Rs.70,000

 

17.What are deemed assets  under section 4 of the wealth tax Act? Explain .

 

  1. Surian Ltd. is owning the following assets on the valuation date. It seeks your help to determine wealth tax payable.
  2. Cash balance as per cash book Rs.47,000
  3. House (value Rs.20 lakhs) allotted to its director whose gross salary is

Rs.8,50,000 p.a  and another house( value Rs.15 lakhs) allotted to an
employee whose gross salary is Rs.4,85,000 p.a

iii. Motor cars used for the purpose of running them on hire Rs.50 lakhs.

( loan borrowed to acquire cars Rs.10 lakhs)

  1. land in Chennai with construction approval Rs.28,00,000

( loan borrowed to acquire the above Rs.12,00,000)

  1. land purchased in1995 for industrial purpose (which remain unused)

Rs.16,00,000.

  1. Bank balance as per pass book Rs. 5,70,000

 

SECTION – C

Answer any TWO questions:                                                                 ( 2 x 20 = 40 )

 

  1. (a) Discuss the amendments made by the Finance Act, 2006 with reference to the

Customs Act.

(b) What are the reasons for prohibiting imports / exports under the Customs Act.

 

  1. Profit and loss a/c of X Co.(a firm of X, Y and Z which satisfies all conditions of sections 184 and 40(b) ) for the year ending March 31,2007 is as follows :

Rs.                                                                   Rs.

Cost of goods sold                  7,90,000          Sales                                        13,50,000

Remuneration to partners                                Rent of house property

X                     1,50,000                    (half portion)                      50,000

Y                     1,00,000          Interest on debentures(non-

Z                         55,000                         trade investment)          60,000

Fringe benefit tax                         8,000

Interest to Partners @ 13.5%

X                        40,000

Y                        10,000

Z                         60,000

Municipal tax of house

Property (entire property)            5,000

Other expenses                        2,10,000

Net profit                                   32,000

———–                                                              ———-

14,60,000                                                          14,60,000

————                                                             ———-

Other Information:

  1. Out of other expenses, Rs. 48,500 is not deductible under section 36,37(1) and 43B.

 

  1. On January 15, 2007, the firm pays an outstanding sales tax liability of Rs.2,922 of the previous year 2004 – 05.As this amount pertains to the previous year 2004 – 05, it has not been debited to the aforesaid profit and loss account.

 

  1. Z is not a working partner.

 

  1. The firm owns a house, the ground floor is used for business purposes, and the first floor is given on rent. Municipal tax is paid on May 10,2007.

 

Find out the net income of the firm (and tax treatment of the payment to partners in their hand) for the assessment year 2007- 08.

 

 

 

 

 

 

 

 

 

 

 

  1. 21. X furnishes the following particulars of his income relevant for the assessment year 2007-08:

Profit and loss account for the year ending March 31, 2007

Rs                                                        Rs

Salary to staff                                     15,000   Gross profit                           4, 86,000

Advertisement                                                  8,000   Rent of house property            24,000

Repairs to house property                     2,000   Dividends from a foreign

Company         12,500

Municipal tax of house property           3,000   Profit on sale of import

License           63,800

Fire Insurance:

  • House property 1,600
  • Office and go-down 2,000

Office expenses                            4,500

Life insurance premium

on own life policy                         3,000

Depreciation:

  • House property 6,000
  • Business assets           13,400

Wealth tax                                     6,000

Patent rights (1/2 of Rs.70,000

being cost of such right

acquired on April 6,2006)             35,000

 

Income tax penalty                               1000

Interest on capital borrowed:

  • For business 3,800
  • For reconstruction

of house property                     5,000

 

  • For investment in shares 2,000

 

Rent paid to X (for using 25 percent

Portion for business purposes)            10,000

Net profit                                            4,65,000

———–                                              ————

5,86,000                                              5,86,000

———–                                              ————

X owns a house property (outside the jurisdiction of any Rent Control Act), erection of which was completed in March 1998. There are three residential units in the house. Unit 1 (consisting of 50 per cent of the carpet area) is let out to a tenant at Rs.2,000 per month. Unit 2 (25 percent of the carpet area) is used by X for own residential purposes. Unit 3(25 percent ) is utilized by him for his business purposes. Determine the taxable income and tax liability of X for the assessment year 2007 -08.

 

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Loyola College M.Com April 2007 Brand Management Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

TH 47

M.Com. DEGREE EXAMINATION – COMMERCE

THIRD SEMESTER – APRIL 2007

CO 3803 – BRAND MANAGEMENT

 

 

 

Date & Time: 26/04/2007 / 9:00 – 12:00      Dept. No.                                       Max. : 100 Marks

 

 

 

 

SECTION – A                                    (10 x 2 = 20 marks)

 

Answer all questions in not more than 3 lines each.

 

  1. Define a Brand.
  2. State the different types of risks consumers perceive while consuming products.
  3. State any two principles of Branding.
  4. What are Brand Values?
  5. What is Brand Audit?
  6. Explain the concept of CBBE.
  7. State any 2 advantages of a Strong Brand.
  8. What are brand attributes?
  9. What is the role of a flanker brand?
  10. What is “modifier” level?

 

SECTION – B                                    (5 x 8 = 40 marks)

 

Answer any FIVE in not more than 2 pages each.

 

  1. How can brands benefit manufacturers?
  2. What are the difficulties and challenges in Brand Management?
  3. What are the consequences of Brand Awareness?
  4. Write short notes on : (a) Brand Image (b) Strength of brand association.
  5. Explain the factors which make up the breadth of a branding strategy.
  6. Explain the criteria which guide segmentation. What are the bases for segmenting users and non-users?
  7. What is a Brand Mantra? How is it designed?  What are the important considerations to be taken into account to design effective mantras?
  8. Write short notes on : (a) Logos     (b)  Symbols    (c) Characters   (d) Slogans

 

SECTION – C                                    (2 x 20 = 40 marks)

 

Answer any TWO in not more than 4 pages each.

 

  1. Briefly explain the six branding blocks necessary to build strong brands.
  2. How can Packaging be used to realize branding objects? What are the ways in which packaging can help branding?
  3. Write a note on the positioning guide-lines for brands.

 

 

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Loyola College M.Com April 2007 Advanced Corporate Accounts Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

TH 34

M.Com. DEGREE EXAMINATION – COMMERCE

FIRST SEMESTER – APRIL 2007

CO 1806/CO 1803 – ADVANCED CORPORATE ACCOUNTS

 

 

Date & Time: 28/04/2007 / 1:00 – 4:00      Dept. No.                                       Max. : 100 Marks

 

 

PART – A

10 x 2 = 20

Answer ALL questions:

 

  1. What do you mean by Holding Company?
  2. Differentiate Double Insurance from Reinsurance.
  3. Discuss the objective of accounting the Human Resource in a company.
  4. When do you prepare valuation Balance sheet?
  5. Explain the term “Non-performing Assets”.
  6. State the different levels of remuneration due to various managerial personnel.
  7. Distinguish between commission on Reinsurance ceded and commission on insurance accepted.

 

  1. Show the disposal of surplus mentioned below profit Rs. 28,00,000 and Reasonable

Return 24,00,000.

 

  1. The Revenue a/c a Life Insurance company showed a balance of Rs. 4,75,000 at the end of 2005 before considering the following items (a) Bonus in reduction of premiums Rs. 40,000, (b) outstanding premiums Rs. 1,00,000, (c) Interest accured on investments Rs. 20,000, (d) claims intimated but not admitted 35,000, (e) claims recovered under Reinsurance Rs. 3,000.

 

  1. What are the limitations of ‘Historical Accounting’ in a period of Inflation?

 

 

PART – B

Answer any FIVE questions:                                                                                                              5 x 8 = 40

 

 

  1. (a) Explain the term ‘B List Contributories’

(b) Bad and Luck Limited went into voluntary Liquidation and proceedings commenced on 2/7/06 certain creditors could not receive the payment out of the realization of assets and out of contributions from the contributories of the ‘A’ list. The following details of share transfers are made available to you.

Name of share holders No. of shares transferred Date of the transferor ceasing to be a member Creditors remaining unpaid and outstanding on the date

Rs.
(i)     A

(ii)  B

(iii) C

(iv) D

(v)  E

 1,000

1,250

500

2,000

250

 01.03.2005

15.08.2005

01.10.2005

01.12.2005

01.04.2006

 

 6,000

8,000

10,750

13,000

15,000

All the shares were of Rs.10 each, on which Rs.5 per share had been paid up. Ignoring other details like liquidator’s expenses etc. You are required to workout the liability of the individual contributories listed above.

 

  1.  Explain the following items.
  • Rebate on Bill discounted
  • On 31/3/06 the books of NBA bank showed the following items.

Rs.

Rebate on Bill discounted 1/4/05              3,000

Bill discounted and purchased             6,00,000

Interest and discount received             1,60,000

The following bills are discounted.

Bill Amount Date of Discounting Period of Bill Discount Rate
50,000

60,000

70,000

80,000

   1/1/06

25/1/06

18/2/06

10/3/06

 2 months

90 days

60 days

1 months

 14%

12%

16%

10%

Calculate the closing rebate on bill discounted, Pass journal entries.

 

  1. (a) Discuss the features of Double Accounts.

(b) An Electric Supply Co. rebuilds its Mains at the cost of Rs. 19,90,000. This  includes value of Rs. 13,800 material of old Main used for new one. The  original mains were constructed at a cost of Rs. 9,90,000. The ratio of material   and labour therein was 7 : 3. The increase in material prices is 12½ % and

wages rates 15%. Materials worth Rs. 25,200 from old works was sold. Show Journal entries under  Double Account System for the above and    determine the net cost of replacement.

 

  1. The following balances rates to an electricity company and pertain to its accounts for the year ended

31st December, 1989:

 

Rs. Rs.
Share Capital

Reserve Fund (invested in

5% Government Securities at

par)

Contingencies Reserve invested in

6% State Government loans

Loan from State Electricity Board

11% Debentures

 

 

Development Reserve

 1,00,00,000

 

 

60,00,000

 

20,00,000

30,00,000

8,00,000

 

Rs.

10,00,000

 

 Fixed Assets

Depreciation, Reserve on fixed assets

Consumer’s Deposits

Amounts contributed by

consumers towards

fixed assets

Intangible assets

 

 

Tariffs and Dividend

Control Reserve

Current assets – Monthly average

 

 2,00,00,000

 

80,00,000

75,00,000

 

 

2,00,000

5,00,000

 

Rs.

 

6,00,000

 

20,00,000

The company earned a post tax profit of Rs. 9 lakhs. Show how the profits of the company will be dealt with under the provision of the Electricity Act, assuming that the Bank rate during the year was 8%.

 

  1. Zaldi Pay Insurance Co. Ltd., has furnished the following information for preparation of revenue account for the insurance business for the year ended 31st March, 1989:-

Rs.

Claims admitted but not paid                                   42,376

Commission paid                                                     50,000

Commission on reinsurance ceded                                      12,000

Share transfer fees                                                     5,000

Expenses of Management                                         78,000

Bad Debts                                                                   2,500

Claims paid                                                                           15,000

Profit and Loss Appropriation Account                    10,000

Premiums received (less reinsurance)                    5,52,000

Reserve for unexpired risks as on 1.4.88               2,30,000

Additional reserve as on 1.4.1988                            40,000

Claims outstanding as on 1.4.1988                                       27,000

Dividend on share capital                                         18,500

 

The following further information has also to be considered:-

  • Premiums outstanding at the end of the year: Rs. 40,000
  • It is the policy of the company to maintain 50% of premium towards reserve for unexpired risks.
  • Additional reserve at 10% of net premium to be maintained.

 

 

 

  1. Mohan Company Ltd., was incorporated on 30th June 1985 to take over the business of Mr. K.Mohan as from 1st Januray 1985. The financial accounts of the business for the year ended 31st December 1985 disclosed the following information:
Particulars Rs. Rs.
Sales:

January to June

July to December

Less: Purchases:

January to June

July to December

Gross profit

Less: Salaries

Selling expenses

Depreciation

Directors remuneration

Debenture interest

Administration expenses (Rent, Rates etc.)

Profit for the year

  

1,20,000

1,80,000

 

75,000

1,20,000

 

15,000

3,000

1,500

750

90

     4,500

  

 

3,00,000

 

 

1,95,000

1,05,000

 

 

 

 

 

   24,840

   80,160

You are requested to prepare a statement apportioning the balance of profit between the periods prior to and after incorporation and show the profit and loss appropriation account for the year ended 31st December 1985.

 

  1. The summarised Balance Sheet of H Ltd. and S Ltd. as on 31st March 2006 are given below.
Liabilities H Ltd. S Ltd. Assets H Ltd. S Ltd.
Share Capital: Share of

Rs. 10 each

General reserves

Profit & Loss Account

  

5,00,000

80,000

1,20,000

7,00,000

  

1,20,000

20,000

   80,000

2,20,000

 Sundry assets

9000 shares in S

Ltd.

 5,40,000

 

1,60,000

_______

7,00,000

 2,20,000

 

 

_______

2,20,000

At the time of purchase of shares by H Ltd. and S Ltd. had balance of Rs. 10,000 and Rs. 20,000 in General reserve and P&L a/c respectively. S Ltd decided to issue bonus shares out of post acquisition profit in the ratio of 3 shares for every 6 shares held. Calculate only the cost of control before the issue of bonus shares and after the issue of bonus shares.

 

  1. From the following Profit & Loss Account of Soundarya Ltd. for the year ended 31.12.92 and additional data given, calculate commission due to Managing director at 5% of net profit. Salary of Managing director is to be treated as part payment of the commission:

Profit & Loss A/c for the year ended 31.12.92

Rs. Rs.
To Opening stock

To Bonus (including Rs.500 for 1991)

To Director’s fees

To Managing director:

Salary

Commission

To Development rebate reserve

To Provision for tax

To Establishment expenses

To Loss on sale of investments

To Net profit c/d

    11,000

5,000

3,000

 

2,000

1,000

800

3,000

40,000

200

1,22,000

1,88,000

 By Sales

By Closing stock

By Other incomes:

Discount

Profit on sale of fixed

Assets

 1,70,000

15,000

 

2,000

 

1,000

 

 

 

 

_______

1,88,000

The book value of the fixed assets sold was Rs, 2,000 and their original cost was Rs.2,600.

 

 

 

 

 

 

PART – C

2 x 20 = 40

Answer any TWO questions:

 

  1. Balance Sheet Alpha Ltd and Beta Ltd as on 31st March 2005 as follows:
Liability Alpha Ltd Beta Ltd., Assets Alpha Ltd Beta Ltd.,
Equity Share capital (Rs. 100 each)

General Reserve

Creditors

Bills payable

  

 

10,00,000

2,00,000

4,00,000

2,00,000

 

 

________

18,00,000

  

 

6,00,000

1,00,000

2,00,000

1,00,000

 

 

________

10,00,000

 Land and Building

Plant & Machinery

Debtors

Stock

Bank

2000 shares in Alpha Ltd

 

  

5,00,000

 

3,50,000

4,00,000

2,50,000

3,00,000

–

­­­________

18,00,000

  

1,00,000

 

3,00,000

1,20,000

2,00,000

1,00,000

1,80,000

________

10,00,000

 

 

Alpha Ltd was to absorb Beta Ltd on the basis of intrinsic value of the shares. The Land and Building, Plant & Machinery were valued at Rs. 3,50,000 and Rs. 1,60,000 respectively. The purchase consideration is payable in intrinsic value of Alpha Ltd. A sum of Rs. 20,000 is payable by Beta Ltd for Alpha Ltd. Stock of Beta Ltd includes Rs.30,000 goods supplied by alpha Ltd at cost plus 20% prepare necessary ledger accounts and Balance sheets.

 

  1. The following are the Balance Sheets of H Ltd. and S Ltd. as on 31st March 1989.

 

Liabilities H Ltd. S Ltd. Assets H Ltd. S Ltd.
Share capital: Shares

of Rs. 100 each

General reserve

Profit & Loss A/c

Current liabilities

 

  

5,00,000

1,00,000

2,00,000

1,00,000

9,00,000

  

4,00,000

1,00,000

1,50,000

1,00,000

7,50,000

 Fixed assets

Investment in S Ltd.

Current assets

 2,50,000

2,50,000

4,00,000

 

_______

9,00,000

 

 2,00,000

—

5,50,000

 

_______

7,50,000

 

 

The following further information is furnished:

  1. H Ltd. acquired 2,000 shares in S Ltd. on 1.4.88 when the latter’s general reserve and Profit & Loss account were Rs. 2,50,000 and Rs. 1,00,000 respectively.
  2. On 30.6.88, S Ltd. declared 20% dividend out of pre-acquisition profits and H Ltd. credited the amount received to it’s Profit & Loss Account.
  3. On 31.10.88 S Ltd. issued bonus shares in the ratio of 3 shares for 5 shares held out of the general reserve. H Ltd. made no entry in its books for the bonus shares received.
  4. S Ltd. owed H Ltd. Rs. 50,000 on 31.3.89 on account of goods supplied on credit. However all of those goods were already disposed off by S Ltd.

Prepare a consolidated Balance Sheet as at 31st March 1989.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  1. The following is the Trial Balance of Shri Nidhi Bank Ltd., as on 31.12.1986

 

Debit

Rs.

 Credit

Rs.
Issued Share Capital

Reserve fund

Investment fluctuation fund

Bank over draft, loans and cash credits

Bank premises

Government bonds

Other government securities

Current accounts

Profit and Loss Account on 1.1.1986

Money at call and short notice

Bills discounted

Shares

Cash in hand

Cash at bank

Income tax paid

Salaries and other expenses

Interest discounts etc.,

Interim dividend paid

Deposits and savings bank accounts

 

  

–

–

4,00,000

60,000

3,00,000

2,00,000

–

–

70,000

73,000

17,000

1,10,000

3,00,000

9,000

73,500

–

7,500

–

________

16,20,000

    1,50,000

3,00,000

20,000

–

–

–

–

6,00,000

25,000

–

–

–

–

–

–

–

1,70,000

–

3,55,000

________

16,20,000

 

Additional information:

 

(i)   The bills discounted mature at an average date of February

19, 1987

(including days of grace). All bills are discounted at 10% per annum.

(ii)  The market value of investments in government securities was

Rs.4,75,000. Increase investment fluctuation fund with the necessary

amount.

(iii) Bank added premises during the year for Rs.10,000. Provide 5%

depreciation on the opening balance.

(iv)  Interest accrued on investment was Rs.750.

(v)   Provision for taxation 1.1.1986 was Rs.10,000. It is to be increased to

Rs.30,000.

 

Prepare final account in the statutory form.

 

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Loyola College M.Com April 2008 International Marketing Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

M.Com. DEGREE EXAMINATION – COMMERCE

RO 53

FOURTH SEMESTER – APRIL 2008

CO 4802 – INTERNATIONAL MARKETING

 

 

 

Date : 16/04/2008            Dept. No.                                        Max. : 100 Marks

Time : 9:00 – 12:00

PART- A.       Attempt ALL questions/statements    (10×2 = 20 marks)

 

  1. What is “divestment”?
  2. What is a ‘Cultural Universal’?
  3. Mention any two market entry methods to introduce Low priced Indian toys into the U.S.A?
  4. Mention any two requirements for a ‘Global’ Brand ambassador.
  5. Explain one point of difference between polycentrism and ethnocentrism
  6. When is ‘licensing’ necessary?
  7. What is India’s current level of Foreign Exchange?’
  8. Mention any two benefits of customization?
  9. Is the ‘PCI’ a good index of standard of living?
  10. Is the time ripe for Sports tourism in India today?

 

PART- B .      Answer any FIVE (in about 1 Page each)      (5 x 8 = 40 marks)

 

  1. What are the basic factors which influence the sales and profitability of educational products like ‘B.Com’ and ‘M.Com’ in a global market?
  2. Comment on some unique products or services, related to any district in Tamilnadu or any other Southern state in India, which has promising global market potential.
  3. How important is culture in determining a country’s Brand value?
  4. Explain with an example of how innovative product positioning is essential for survival in global marketing.
  5. Comment on the role of the Major Regional Trade organizations, regulatory agencies, WTO etc. in International Trade
  6. Mention any three ‘Risk’ factors relevant to International Trade.
  7. What is the best way for a non-Indian company to deal with distribution challenges in a country like India for computers?
  8. How beneficial are Positive Consumption Campaigns world over (e.g. Healthy eating, recycling, safe sex etc.)?

 

PART- C.       Answer any TWO (in a max. of 4 Pages each)           (2 x 20 = 40 marks)

 

  1. Explain the different forms of protectionist measures available to Governments. Should India adopt more such measures today?
  2. What is Media Planning? How does research help in choosing an appropriate media for a global promotional campaign for a product/service?
  3. Write short notes on any TWO of the following: a) Changes in Advertising technology use in the last 5 years, b) Key determinants of ‘Trust’ on the internet, c) International Marketing is in Transition, in the context of Scarcity, Globalism and Sustainability.

 

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Loyola College M.Com April 2008 Labour Legislation Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

RO 57

M.Com. DEGREE EXAMINATION – COMMERCE

FOURTH SEMESTER – APRIL 2008

    CO 4959 – LABOUR LEGISLATION

 

 

 

Date : 25/04/2008            Dept. No.                                        Max. : 100 Marks

Time : 9:00 – 12:00

SECTION-A

(Answer all questions)                                        (10×2=20)

1.Define the term “worker” as under the Factories Act.

2.What do you mean by hazardous process?

3.Mention any two types of occupational diseases.

4.What is meant by “time payment of wages”?

5.State the qualification of presiding officer of the labour court.

6.Which place is called as an industrial establishment?

7.Who are allowed to make an appeal under the payment of wages act?

8.What are the steps involved in the certification of standing orders?

9.A fine is imposed on a person on 1-1-2008, the employer seeks to recover the fine on

7 –3-2008,Can he recover? State reasons for your answer

10.A worker working in a shed was injured by the fall of wall which was not the property

of or at the control of the employer. Is the employer liable to pay any compensation?

 

SECTION-B

(Answer any five questions)                                      (5X8=40)

11.Briefly explain the provisions relating to the health of the workers as under the

Factories Act.

12.List out and explain the rules regarding annual leave with payment of wages.

13.Enlist the duties and powers of court of enquiry.

14.What are the matters to be provided in the standing orders ?

  1. “Certified standing orders constitute statutory conditions of employment ”. Comment. 16.Write short notes on the following:

a)Employer b)Disablement .

17.State and explain the various unfair labour practices as identified by the Industrial

Disputes Act.

18.Who is a conciliation officer? What are his powers?

 

SECTION-C

(Answer any two questions)                                     (2×20=40)

19.Explain in detail the various provisions available to ensure the safety of the workers

in the workplace.

20.Discuss in detail the various deductions made in the wages as per the Payment of

Wages Act.

21.Describe the various provisions relating to layoff and retrenchment as under the

Industrial Disputes Act.

 

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Loyola College M.Com April 2008 Human Resource Management Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

M.Com. DEGREE EXAMINATION – COMMERCE

RO 54

FOURTH SEMESTER – APRIL 2008

CO 4803 – HUMAN RESOURCE MANAGEMENT

 

 

 

Date : 21/04/2008            Dept. No.                                        Max. : 100 Marks

Time : 9:00 – 12:00

SECTION A

  1. Answer ALL questions (10×2=20 marks)

 

  1. Explain the concept of KASH.
  2. What is Job Specification?
  3. What are HR outcomes?
  4. What is coaching and mentoring?
  5. Define Job Evaluation.
  6. What is Manpower Planning?
  7. What is Recruitment?
  8. What is career development?
  9. How is bonus calculated under the Rowan Plan?
  10. What is empowerment?

 

SECTION B

  1. Answer any FIVE questions. (Answers should not exceed 2 pages each:

(5×8=40 marks)

  1. State the objectives of recruitment.
  2. Give your comments on the HR manager becoming a strategic business partner.
  3. What is Emotional intelligence? Explain its characteristics. Give practical examples and explain Low E1can help you to be an effective manager.
  4. What is Neuro Linguistic Programming? Explain the broad areas of its application.
  5. What is Human Resources Outsourcing? Why is there a need for it? What are the steps involved in signing a outsourcing agreement? What problems you are likely to face?
  6. What are the steps involved in 360% performance feedback? What are the problems you are likely to encounter?
  7.  What are Assessment Centres? What does the centre assess? How would your implement a assessment centre?
  8. What are the steps involved in training?

 

SECTION C

III. Answer any TWO questions:                                                    (2×20=40 marks)

 

  1. State the objectives of manpower planning. Explain the steps involved in manpower planning.
  2. What are the various sources of recruitment available to the organisation? Bring out their respective merits and demerits.
  3. What is Quality of Work Life? Explain in detail the different dimensions of quality of work life.

 

 

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Loyola College M.Com April 2008 Financial Management Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

M.Com. DEGREE EXAMINATION – COMMERCE

RO 35

 

FIRST SEMESTER – APRIL 2008

CO 1807 – FINANCIAL MANAGEMENT

 

 

 

Date : 28-04-08                  Dept. No.                                        Max. : 100 Marks

Time : 1:00 – 4:00

SECTION-A

Answer all questions: Each question carries TWO marks.                                               (10×2=20) 

 

  1. What are financial decisions taken by the modern financial manager?
  2. Mr. X intends to have return of Rs.10,000 per annum for perpetuity.  In case the discount rate is 20%.  Calculate the present value of this perpetuity.
  3. Distinguish capital structure from financial structure.
  4. What do you mean by leverage in financial management?
  5. Define Explicit and Implicit cost of capital.
  6. The current market price of an equity share of a company is Rs.90.  The current dividend per share is Rs.4.50.  In case the dividends are expected to grow at the rate of 7%. Calculate the cost of equity capital?
  7. Define the term ‘Capital Budgeting’.
  8. What do you mean by working capital management?
  9. Calculate the optimum production quantity per production run from the following information:

Estimated annual production              90,000 units.

Setup cost per production run             Rs. 50

Carrying cost per unit per annum        Rs.1.

  1. Distinguish Bonus shares from right shares.

 

SECTION-B

 

Answer any FIVE of the following.  Each question carries EIGHT marks.                   (5×8=40)

 

  1. Explain the benefits and Risks of holding inventories.
  2. Briefly explain the factors affecting Dividend policy.
  3. A company has sales of Rs.1 lakh.  The variable costs are 40% of the sales while fixed operating costs amount to Rs.30,000. The amount of inter on long-term debt is Rs.10,000.

You are required to calculate the composite leverage and illustrate its impact if sales increased by 5%.

  1. A Ltd intends to issue new equity shares.  It’s present equity shares are being sold in the market at Rs.125 a share.  The company’s past record regarding payment of dividend is as follows:

1994: 10.70%;      1995: 11.45%;        1996: 12.25%;             1997:13.11%;              1998:14.03%

The floatation costs are estimated at 3% of the current selling price of the shares. You are required to calculate:

  1. growth rate in dividends
  2. cost of funds raised by issue of equity shares assuming that the growth rate as calculated under (a) above will continue for ever.
  3. cost of new equity shares.
  1. Good company has currently an ordinary share capital of Rs 25 lakhs consisting of 25,000 shares of Rs.100 each. The management is planning to raise another Rs.20 lakhs to finance a major programme of expansion through one of four possible financing plans.  The option are:
  • Entirely through ordinary shares
  • 10 lakhs through ordinary shares and Rs.10 lakhs through long-term borrowings at 8% interest per annum.
  • 5 lakhs through ordinary shares and Rs.15 lakhs through long-term borrowings at 9% interest per annum.
  • 10 lakhs through ordinary shares and Rs.10 lakhs through preference shares with 5% dividend.

The company’s expected earnings before interest and Tax will be Rs.8 lakhs.  Assuming corporate Tax of 50% determine the Earnings per share in each alternative.

 

 

 

 

  1. From the following information determine the optimal combination of projects assuming that the projects are divisible.  The total funds available Rs.3,00,000.
Project Required Initial Investment NPV at the appropriate cost of capital
A—— 1,00,000 20,000
B—— 3,00,000 35,000
C—— 50,000 16,000
D——- 2,00,000 25,000
E——- 1,00,000 30,000

 

  1. A firm is considering pushing up its sales by extending credit facilities to the following categories of customers:
  • Customers with a 10% risk of non-payment, and
  • Customers with a 30% risk of non-payment.

The incremental sales expected in case of category (a) are Rs.40,000 while incase of category   (b) they are Rs.50,000.

The cost of production and selling costs are 60% of sales while the collection costs amount to 5% of sales in case of category (a) and 10% of sales in case of category (b).

You are required to advise the firm about extending credit facilities to each of the above categories of customers.

 

  1. Explain the advantages of leasing.

SECTION-C

 Answer any TWO questions                                                                                               (2×20=40)                                                                                                                                                             

 

  1. From the following information extracted from the books of a manufacturing company, compute the operating cycle in days and the amount of working capital required:

Period covered……….                          365 days.

Average period of credit by suppliers……                   16 days

Rs.

Average total of debtors outstanding 4,80,000
Raw materials consumption 44,00,000
Total production cost 1,00,00,000
Total cost of sales 1,05,00,000
Sales for the year 1,60,00,000

 

Value of Average stock maintained:

Raw material 3,20,000
Work in Progress 3,50,000
Finished goods 2,60,000

 

  1.  You are required to determine the weighted average cost of capital (Ko) of the K.C. Ltd using (i) book value weights; and (ii) Market value weights. The following information is available for your perusal:

Book value capital structure                                                                                Rs

Debentures (Rs. 100 per debenture) 8,00,000
Preference Shares (Rs. 100 per share) 2,00,000
Equity shares (Rs. 100 per share) 10,00,000
20,00,000

All these securities are traded in the capital markets. Recent prices are debentures @ Rs. 110, Preference Shares @ Rs. 120 and Equity Shares @ Rs.22. Anticipated external financing opportunities are:

  • 100 per debenture redeemable at par: 20 year maturity, 8% Coupon rate, 4% floatation costs, sale price Rs. 100.
  • 100 preference share redeemable at Par: 15 year maturity, 10% dividend rate, 5% floatation costs, sale price Rs. 100.
  • Equity shares Rs.2 per share floatation costs, sale price Rs.22.

In addition, the dividend expected on the equity share at the end of the year Rs.2 share, the anticipated growth rate in dividends is 5% and the company has the practice of paying all its earning in the form of dividends. The corporate tax rate is 50%.

  1. Write notes on the following:
  • Importance of financial management.
  • Factors determining working capital
  • Modigilani-Miller approach of capital structure.
  • Significance of operating and Financial leverages.

 

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Loyola College M.Com April 2008 Entrepreneurship & Small Business Question Paper PDF Download

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RO 45

 

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

M.Com. DEGREE EXAMINATION – COMMERCE

SECOND SEMESTER – APRIL 2008

CO 2951 – ENTREPRENEURSHIP & SMALL BUSINESS

 

 

 

Date : 02-05-08                  Dept. No.                                        Max. : 100 Marks

Time : 1:00 – 4:00

Section A

Answer ALL Questions                                                                    (10×2=20 Marks)

  1. ‘An entrepreneur faces several problems on exports’. – Comment.
  2. Define ‘ancillary industrial undertakings’.
  3. Mention the functions of entrepreneur.
  4. Comment on the barriers to entrepreneurship.
  5. What are the objectives of identifying business opportunities?
  6. State the tools for project appraisal.
  7. Mention the main difference between feasibility report and project report.
  8. Enumerate the main functions of ICICI.
  9. ‘The incentives are classified into three different categories’. – Comment.
  10. Enumerate the factors governing the selection of location of an enterprise.

 

Section B

Answer any FIVE Questions                                                    (5×8=40 Marks)

  1. Critically examine the government policy with regard to location of industries in India.
  2. Discuss the different phases of project life cycle.
  3. Explain the factors that motivate people to go into entrepreneurship.
  4. As an entrepreneur how will you select a particular project?
  5. Examine the investment method of Accounting Rate of Return Method. Highlight its advantages and limitations.
  6. Explain ‘growth strategies’ for entrepreneurship? Comment on the approaches to growth strategy.
  7. Discuss the need of infrastructural facilities in the context of entrepreneurship development.
  8. Discuss and the need and importance of promoting women, rural and small entrepreneurs. How can women and rural entrepreneurship be developed?

 

Section C

Answer any TWO Questions                                                           (2×20=40 Marks)

  1. ‘Entrepreneurs are not born, but made.’ Discuss. Describe the various factors required in achieving success in entrepreneurship in India.
  2.  What is Project Design? Examine the factors affecting project design. Discuss the two important network techniques in project designing.
  3. Comment on the Institutional support system for SSIs in India. Examine the various measures taken by the government for the institutional sources of finance for SSIs and offer your valuable suggestion.

 

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Loyola College M.Com April 2008 E-Commerce Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

M.Com. DEGREE EXAMINATION – COMMERCE

BH 27

 

THIRD SEMESTER – APRIL 2008

CS 3901 – E COMMERCE

 

 

 

Date : 07-05-08                  Dept. No.                                        Max. : 100 Marks

Time : 9:00 – 12:00

Part  – A

Answer ALL  the Questions                                                                         10 x 2 = 20 marks

  1. Define the term E-Trade.
  2. Should we claim ‘Sentimental Issues’ as a Merit of Traditional Commerce?
  3. There is no difference between Sales and Marketing. Is this statement true? Justify your answer.
  4. Define the term E-Markets and list the Characteristics of an E-Market.
  5. What are the perquisites of an effective E-payments systems?
  6. What is called as Plastic Money?
  7. Define the term Cyber Law.
  8. Expertise in Internet Technologies will also be a cause for Cyber Crime. Do you agree with this Statement? Justify your view.
  9. Define the term Operating System and mention the types of Operating Systems.
  10. What is the need for performing Validation?

 

Part  – B

Answer ALL the Questions                                                                          5 x 8 = 40 marks

11 a)    Define the Term Convergence and explain the different forms of Convergence

(OR)

  1. What are the shortcomings of E-Commerce?

12 a)    What is EDI ? Explain Traditional and Internet-based EDI.

(OR)

  1. Discuss Web Salesmanship with a short note on Salesmanship

13 a)    Discuss the Business Issues and Economic Implications of E-Payment Systems.

(OR)

  1. Write short notes on the following

Credit Card, Debit Card, Smart Card, and Convenience Card.

14 a)    Write a vivid description on Intelligent Web Design.

(OR)

  1. Present any two Instances of Cyber Crimes with details of the Nature of Crime and Legal Consequence(s) of such Cyber Crimes.

15 a)  Define the term Protocol and enlist different Protocols. Narrate the differences

between Client-side and Server-side Scripting.

(OR)

  1. Write a short description on HTML and Tags. Explain the various Tags with

an example.

                                                     PART-C                                                                                             

Answer any TWO questions                                                                        2 x 20 = 40 marks

16 a)    Compare and Contrast between Traditional and E-Commerce

  1. b) What are the various reasons for the rapid growth in Network Advertisement.

17 a)    Write an essay on the desirable components of an Effective E-Payment System.

  1. b) Brief the different Network Vulnerabilities.

18 a)    Explain the IT Act 2000 and its various sections

  1. b) Explain in detail about E-Marketing Channels

 

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Loyola College M.Com April 2008 Corporate Accounts & Accounting Standards Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

RO 56

M.Com. DEGREE EXAMINATION – COMMERCE

FOURTH SEMESTER – APRIL 2008

    CO 4958 – CORPORATE ACCOUNTS & ACCOUNTING STANDARDS

 

 

 

Date : 25/04/2008            Dept. No.                                        Max. : 100 Marks

Time : 9:00 – 12:00

SECTION: A

Answer all questions:                                                                                         10 x 2 = 20

  • What are fundamental accounting assumptions?
  • Write short note on events occurring after the balance sheet date.
  • Given an example for prior period item and extraordinary item as per AS5
  • B Ltd submits you the following information to calculate the weighted average number of shares outstanding during the year 2002 for the purpose of calculation of earnings per share.

Number of shares outstanding as on 1.1.02 – 9000

Number of shares on 31.05.02 – 3000

Number of shares bought back as on 1.11.2002 – 1500

  • Define “Value Added”.
  • Write short not on “Minority Interest”
  • Distinguish between amalgamation and absorption.
  • Calculate the maximum remuneration payable to the whole time director on the profits after charging his remuneration. Net profit for calculating managerial remuneration Rs.400000.
  • What are inter-company Owings? How are they treated on consolidation?
  • Stock of Rs.1, 60,000 held by H Ltd consists of Rs.60, 000 goods purchased from S Ltd who has charged Profit on Sale of 20%. H Ltd acquired 80% of shares of S Ltd. Calculate the amount of unrealized profit included in stock.

SECTION – B

Answer any five only:                                                                                    5 x 8 = 40

  • Write short note on: a) Cost of Control; b) Unrealized Profit; c) Consolidated Balance sheet.
  • Distinguish between Merger method and Purchase method of Accounting for amalgamation.
  • Briefly explain the accounting treatment on revaluation of fixed Assets.
  • Determine the maximum remuneration payable to the part time directors and Manger of B Ltd., a manufacturing company under section 309 and 387 of the company’s act 1956 from the following particulars.

Before charging any such remuneration, the Profit and Loss account showed a credit balance of Rs.23, 05,000 for the year ended 31st march 2005 after taking into account the following matters:

Rs.

Profit on sale of investments                                      2,05,000

Subsidy received from government                            4,10,000

Loss on sale of fixed assets                                           65,000

Ex-gratia to an employee                                               30,000

Compensation paid to injured workman                        75,000

Provision for taxation                                                 2,79,000

Bonus to foreign technicians                                      3,12,000

Multiple shift allowance                                             1,00,000

Special depreciation                                                       75,000

Capital expenditure                                                     5,10,000

Profit on sale of assets                                                1,00,000

(Cost price Rs.2, 50,000 and written down value

Rs.1, 80,000)

Company is providing depreciation as per section 350 of the companies’ act 1956.

  • From the following items in the trial balance of a company on 31.12.2005 and the adjustments given hereunder, show how the items would appear in the relevant accounts and details in the balance sheet.

                                Trial Balance                        DR.               CR.

Advance tax paid (2005)                                            Rs.60, 000

Provision for tax (2005)                                                                      Rs.80, 000

Tax deducted at source                                               Rs.10, 000

Adjustments:

Income tax for 2005 has been assessed at Rs.1, 00,000 against which the

Advance Payment of tax deducted at source is to be adjusted.

Provide Rs.60, 000 for taxation on current profits.

 

  • NDA Company had 20,00,000 equity shares outstanding as on 1.1.2001. On 1.10.2001 it issued 2 equity shares bonus for each share outstanding on 30.09.01. Net profit for 2000 was Rs.18, 00,000; net profit for 2001 was Rs.60, 00,000. Calculate basic EPS 2001 and Adjusted EPS 2000.

 

  • The East Karnataka Ltd. Sells its business to Basu Product Ltd. as on 31-12-2005. On which date its balance sheet was as under:

Liabilities                                Rs.                   Assets                          Rs.

Paid up share capital:

2000 shares of Rs.100 each    2, 00,000         Goodwill                     50,000

Debentures                              1, 00,000         Freehold property     1, 50,000

Creditors                                    30,000          Plant and Tools            83,000

General Reserve                         50,000          Stock                            35,000

Profit & Loss a/c                        20,000          Bills Recivable               4,500

Debtors                       27,500

Cash at bank               50,000

4,00,000                                            4,00,000

 

Basu Products Ltd. agreed to take over the assets (exclusive of goodwill and cash) at 10% less then the book values, to pay Rs.75000 for goodwill and to take over debentures.

The purchase consideration was to be discharged by the allotment to the East Karnataka Co.Ltd.1500 shares of Rs.100 each at a premium of Rs.10 per share and the balance in cash.

The cost of liquidation amounted to Rs.3, 000.

Show the calculation of purchase consideration and opening entries in the books of Basu Product Ltd.

 

  • Balance sheets as at 31.12.2000

Liabilities                    H               S          Assets                    H                  S

Shar Capital Re.1        10,000       5000    Sundry Assets       19000          15000

Reserves                        5000      ——      5000 shares in

S Ltd.                     6000

P&L A/C                       4000        1800

Creditors                       6000        8200

25000      15000                                  25000          15000

 

Shares of S Ltd were purchased by H Ltd on 30th June 2000. On 1st Jan2000 the balance sheet of S Ltd showed a loss of Rs.3000.

Prepare the consolidated Balance sheet.

 

SECTION – C

Answer any two only:                                                                                  2 x 20 = 20

 

  • The Auto Parts Manufacturing Co.Ltd., was registered with an authoried capital of Rs.7,50,000 divided into 3000, 6% cumulative preference shares of rs.100 each and 4500 equity shares of Rs.100 each. The following are the balance taken as on 31.12.2006

 

Particulars                                      Rs                    Particulars                               Rs

Calls in arrear                                      18750              Plant and Machinery               900000

Stock 1.4.02                                      187500              Fixtures                                     18000

Debtors                                             217500              Buildings                                 750000

Purchases                                          462500              Interim dividend paid               18750

Rent                                                    12000              General Expense                       12250

Debenture interest                               22250              Bills Payable                             95000

General Reserves                                62500              P&L Appropriation A/C(cr)      36250

Equity shares (fully called up)        1150000              Preliminary Expense                 12500

Goodwill                                             62500              Freight                                       32750

Cash in Hand                                        6125              Wages                                     212000

Directors fees                                      14350              Cash at Bank                             95750

Commission on sales                           18000              Bad Debts                                   5275

Debentures                                        750000              Salaries                                      36250

Government securities                      150000              Sales                                      1037500

Sundry creditors                               125000              Provision for bad debts               8750

 

The stock on 31st March,2003 was estimated at Rs.2,52,500. The following adjustments have also to be made:

 

  • Depreciation of plant and Machinery at 10% and on Fixtures at 5%
  • Wages include Rs.25000 paid for the construction of additional rooms to the building
  • Final dividend at 5% to be provided
  • Preliminary expenses to be written off by 20%
  • Provision for bad debts to be maintained at 5% on debtors
  • 25000 to be transferred to General Reserve.
  • A provision for income tax was the extent of Rs.62500 was to be made.

 

You are required to prepare the trading and profit and loss account and appropriation account for the year ending 31st March 2003 and the balance sheet as on the same date.

 

  • Following are the Balance Sheets of HLtd. and its subsidiary SLtd. as on31.3.06

 

Liabilities                   H. Ltd.       S. Ltd.                     Assets          H. Ltd        S Ltd 

                             Rs.              Rs.                                          Rs.            Rs.

Share Capital        20, 00,000     8, 00,000      Fixed Assets   16, 00,000  10,00,000

(Rs.100 each)

General Reserve    6,40,000        2,40,000      Stock                  4, 00,000    3,60,000

P&L A/C               5,60,000        3,60,000      Debtors               1,60,000    3,00,000

Creditors               3,20,000        3,60,000      Investments:

6400 shares in

S.Ltd at cost   12, 00,000      ——–

Bank                    1,60,000    1,00,000

35,20,000    17,.60,000                                35,20,000 17,.60,000

 

  • Ltd. acquired the shares in S.Ltd on 1st Oct.2005.

 

  • The Profit and loss account of S.Ltd. on 1- 4 – 2005 showed a balance of

Rs.2, 80, 000 out of which a dividend of 20% was paid for the year

2004- 2005, in the month of Oct 2005. H.Ltd credited the dividend to its

Profit and Loss account.

 

3)  Sundry creditors of S.Ltd includes Rs.60, 000 for goods supplied by H.Ltd.

The closing stock of S.Ltd includes goods worth Rs.24, 000 which were

supplied by H.Ltd. at a profit of 25% on cost.

 

Prepare Consolidated Balance Sheet.

 

 

  • The balance sheet of O LTd. And P Ltd as on 31st March, 2004 are as under:

(Rs. .Lakhs)

Liabilities              O               P              Assets                      O                     P

Equity (Rs.10)      25               50            Fixed Assets           110                  50

Reserves             131              29.25        Investments                16.25            25

12% Debenture     11                5.50       Current Assets           40.25              3.25

Creditors                 8                2.75       Misc. Expenditure        8.50              9.25

175              87.50                                             175            87.50

 

Investments of O Ltd represent 125000 shares of P Ltd. Investments of P Ltd are considered worth Rs.30 lakhs. P Ltd is taken over by O Ltd on the basis of the intrinsic value in their respective books of accounts. Prepare a statement showing the number of shares to be allotted by O Ltd to P Ltd and the opening entries in the books of O Ltd and also show the Balance sheet of O Ltd after absorption of P Ltd.

 

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Loyola College M.Com April 2008 Consumer Behaviour Question Paper PDF Download

by

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

M.Com. DEGREE EXAMINATION – COMMERCE

RO 41

SECOND SEMESTER – APRIL 2008

CO 2808 – CONSUMER BEHAVIOUR

 

 

 

Date : 22/04/2008            Dept. No.                                        Max. : 100 Marks

Time : 1:00 – 4:00

SECTION – A                                   (10 x 2 = 20 Marks)

 

Answer ALL questions in not more than 3 lines each.

 

  1. What is an approach object ?
  2. What is psychological reactance ?
  3. What is a proponent need ?
  4. What are the 3 components of an attitude ?
  5. Who are narrow categorizers ?
  6. What is a CETSCALE ?
  7. Briefly explain the relationship between product, personality and gender.
  8. What is a “group” ?
  9. What are shopping groups ?
  10. What is acculturation ?

 

 SECTION – B                                  (5 x 8 = 40 Marks)

 

Answer any FIVE in not more than 2 pages each.

 

  1. Explain consumer materialism and compulsive consumption behaviour.
  2. What is perceptual organization ?
  3. What are the basic “properties” of an attitude ?
  4. How are attitudes “Learned”?
  5. “Three basic functions provided by the family are particularly relevant in understanding consumers’ behavior” – What are these ?
  6. Write short notes on : (a) Middle Class Consumers (b) Working class consumers  (c) Techno class  (d) the geek
  7. Write a note on sub-culture.
  8. Explain the following from the perspective of consumer learning:

(a) motivation (b) Cues  (c) response  (d) reinforcement.

 

SECTION – C                                   (2 x 20 = 40 Marks)

 

Answer any TWO in not more than 4 pages each.

 

  1. Explain product positioning in the context of consumer imagery.
  2. How can attitudes be changed as according to the Functional Approach ?
  3. How would you design an effective and persuasive communication strategy ?

 

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