M.Com

St. Joseph’s College of Commerce M.Com. 2013 I sem Business Perspectives Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – OCTOBER 2013
M.COM – I SEMESTER
BUSINESS PERSPECTIVES
Duration: 3 hours Max. Marks: 100
SECTION – A
I) Answer SEVEN questions out of Ten. ( 7 x 5 = 35)
1. How does business of today different from that of four to five decades ago?
2. What are the essential factors that influence good corporate governance? Discuss the
factors that influence corporate governance.
3. Explain the concept GDP? State the difference between normal and real GDP. What is
the role of GDP inflator?
4. Discuss what money supply is. What are SLR and CRR? How does it affect the
supply of money and credit?
5. What are Public Sector Enterprises? State the objectives of PSEs. What are its
advantages?
6. Write an account on the symptoms of financial bankruptcy and the role of BIFR.
7. State the reasons for regional imbalances. What are the factors that are used to
measure backwardness of a state?
8. What is meant by technology transfer? What are the different levels of technology
transfer?
9. Briefly explain the instruments of fiscal policy.
10. What are the advantages and disadvantages of globalization?
SECTION – B
II) Answer any THREE questions out of Five. (3 x 15 = 45)
11. Discuss the objectives of business? Elucidate on Business and Environment Interface.
12. Elucidate the concepts of national income and its measurement. Highlight the
significance of national income estimate. What are the difficulties faced in the
measurement of national income?
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13. Explain industrial sickness. What are the symptoms of industrial sickness? What are
the reasons for industrial sickness? Discuss the consequences and remedial
measures suggested to overcome sickness.
14. Discuss the various factors associated with environmental cost audit.
15. Elucidate the impact of monetary policy on business. What are the instruments of
monetary policy?
SECTION – C
III) Compulsory Case study (1 x 20 = 20)
16.
Software Revolution
Software Revolution has surpassed all other revolutions by playing a cardinal role in
almost every branch of human activity viz., education, health care, services, the
railways, the civil aviation, banking, insurance, manufacturing, government, media,
entertainment, defense services and a wide range of other sectors. History has been
witness to a revolution that has transformed human revolution, which has transformed
human life and its day-to-day activities beyond description. Several global players have
made it possible for us to become a part of this global village. The fact that India is
making this digital revolution happen, must make every Indian proud of his country,
its great reservoir of talent and the quality leadership endowed with a futuristic vision.
Not to be left behind at any cost in the crazy race for a place of pride in “Global village”,
India too had put in efforts to reach the front line in information technology. Software
technology parks and cyber towers dot the landscape in Thiruvananthapuram,
Bangalore, Chennai, Hyderabad and other cities. The “in thing” now is, digitization of
information which has changed the way we work, play, communicate and live. Once
information is digital it can be shared, duplicated, transferred and edited with ease and
it is synergy that would revolutionize every sector of the economy.
India has done very well in the field of software exports as well as export of IT enabled
services to all rich countries including USA, UK, Germany, Japan etc,- the records are
enviable. The entire world is now moving towards E-commerce, and E-business. By
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2008 India would contribute nearly 4% to 5% of the total E-commerce business – says
Mr. Jayakrishna, Secretary, Union Dept. of IT. It is now 10 years since Microsoft has
been operating in India. Its CEO Mr. Gates visited India first in 1997 and made his
second visit in Sept. 2000; many changes had been noticed within a span of three years.
Gate has hailed India as an IT super power and was all praise for the high quality of
skills of India’s software professionals. He said the key is the quality of the human
talent, here. When people do software projects in India, they do so because this is the
place where they can find people with the latest skills. For the Microsoft R&D centre in
Hyderabad, Mr. Gates announced an additional 55 million dollar over the next three
years to enhance the capacity and drive.
On September 14, 2000, the Bangalore based Infosys technology and Microsoft entered
into a strategic global alliance for developing business solutions in areas of customer
relations management, e-commerce, financial services and insurance. The two
companies would also undertake joint marketing and account planning. Microsoft and
Wipro have also decided to strengthen their ties through collaborative approach by
which Wipro can implement Microsoft platform based e-commerce projects. They could
also work together on expanding opportunities in the Indian markets with the Indian
firm emerging as the largest systems integrator in the country.
Questions:
1. How is India involved in Digital revolution? Why do large MNCs choose India?
2. Comment on the changing trends in the Indian business environment?
3. How is India going to benefit from international trade agreements?

St. Joseph’s College of Commerce M.Com. 2013 I sem Advanced Corporate Accounting Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE(AUTONOMOUS)
END SEMESTER EXAMINATIONS – OCTOBER 2013
M.COM – I SEMESTER
ADVANCED CORPORATE ACCOUNTING
Duration: 3 hrs Max. Marks: 100
Section – A
I) Answer any SEVEN questions. Each question carries 5 marks (7 x 5 =35)
1) What is Reverse merger? What is demerger?
2) What is Human Resource Accounting? What are the benefits of Environmental
Accounting?
3) Who are dissenting shareholders? Mention the accounting treatment.
4) It has been said that a company’s productivity is best measured in terms of ‘Value
Added Statement’. Comment.
5) Explain the general principles of government accounting. Also explain the role of
Comptroller and Auditor‐General of India.
6) Explain the following with suitable examples:
(a) Minority interest
(b) Chain‐holdings
7) “Accounting standards aim to protect users of financial reports by providing reliable
and comparable financial statement”. Do you agree with this statement? Give
reasons.
8) What is the need for preparation of consolidated financial statements? What are the
rules for the preparation of consolidated Balance Sheet?
9) What are the objectives of Share Buy Back? Briefly explain the conditions of Buy Back
10) On the eve of the absorption of A Ltd. by B Ltd. following summarized details are
given
A Ltd B Ltd.
Net Assets 33,30,000 41,25,000
Number of equity shares of Rs. 200 each 9,000 15,000
Reserves 15,30,000 11,25,000
Terms of absorption proposed as follows:
The holders of every three shares in A Ltd. were to receive four shares in B Ltd. plus as
much cash as is necessary to adjust the rights of shareholders of both the companies in
accordance with intrinsic value of their respective shares. You are required to compute
the purchase consideration.
SECTION – B
II) Answer any THREE questions. Each question carries 15 marks (3 x 15 = 45)
11) Enumerate the distinguishing features of ‘pooling of interest method’ and ‘purchase
method’ of accounting for amalgamation.
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12) What do you understand by segment reporting? What are the problems associated
with segment reporting?
13) The following information is available of a concern; calculate EVA
Equity capital : Rs. 500 crores
Debt capital (12%) Rs. 2000 crores
Reserves and surplus: Rs. 7,500 crores
Capital employed : Rs. 10,000 crores
Risk‐free rate: 9%
Beta factor : 1.05
Market rate of return: 19%
Equity (Market) risk premium : 10%
Operating profit after tax : Rs. 2,100 crores
Tax rate : 30%
14) Blue Ltd. and Star Ltd. were amalgamated on and from 1st April, 2012. A new
company called Yellow Star Ltd was formed to take over the business of the above
said companies. The balance sheets of Blue Ltd. and Star Ltd. as on 31st March, 2012
are given hereunder: (Rs. in Lakhs)
Blue Ltd Star Ltd
Liabilities:
Equity shares of RS. 100 each
2,000
1,600
15% Preference shares of Rs. 100 each 800 600
Revaluation Reserve 200 160
General Reserve 400 300
P&L A/c 160 120
12% Debentures of Rs. 100 each 192 160
Current liabilities 408 190
Total 4,160 3,130
Assets:
Fixed assets
2,400
2,000
Current assets loans and advances 1,760 1,130
Total 4,160 3,130
Additional information:
(i) Preference shareholders of Blue Ltd. and Star Ltd. have received same number of
15% preference shares of Rs. 100 each in the new company.
(ii) 12% debentures of Blue Ltd. and Star Ltd. are discharged by the new company by
issuing adequate number of 16% debentures of Rs. 100 each to ensure that they
continue to receive the same amount of interest.
(iii) Yellow Star Ltd. has issued 1.5 equity shares for each equity share of Blue Ltd.
and 1 equity share for each equity share of Star Ltd.
(iv) The face value of shares issued by Yellow Star Ltd. is Rs. 100 each
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You are required to prepare the Balance Sheet of Yellow Star Ltd. as on 1st April 2012 after the
amalgamation has been carried out using the ‘Pooling of interest method’.
15) The Balance Sheet of H Ltd. and V Ltd., as on 31.3.2012 are as follows:
Liabilities H Ltd. Rs. V Ltd. Rs. Assets H Ltd. Rs. V Ltd. Rs.
Equity share of Rs. 10 each 10,00,000 3,00,000 Goodwill 50,000 25,000
9% Preference shares of
Rs.100 each
1,00,000 __ Building 3,00,000 1,00,000
10% Preference shares of Rs.
100 each
_____ 1,00,000 Machinery 5,00,000 1,50,000
General Reserve 1,00,000 80,000 Stock 2,50,000 1,75,000
Retirement Gratuity fund 50,000 20,000 Debtors 2,00,000 1,00,000
Sundry Creditors 1,30,000 80,000 Cash at Bank 50,000 20,000
Preliminary
expenses
30,000 10,000
Total 13,80,000 5,80,000 Total 13,80,000 5,80,000
H Ltd. absorbs V Ltd. on the following terms:
(i) 10% Preference shareholders are to be paid at 10% premium by issue of 9%
Preference Share of H Ltd.
(ii) Goodwill of V Ltd. is valued at Rs. 50,000, Buildings are valued at Rs. 1,50,000 and
the Machinery at Rs. 1,60,000.
(iii) Stock to be taken over at 10% less value and Reserve for Bad and Doubtful Debts to
be created @7.5%
(iv) Equity shareholders of V Ltd. will be issued equity shares @5% Premium
Prepare necessary ledger accounts to close the books of V Ltd. and prepare the Balance
Sheet after absorption as at 31.03.2012
SECTION – C
III) Compulsory question (20 marks)
16.
The following is the Balance Sheet of H Ltd. and its subsidiary S Ltd. as on 31/03/2013
Liabilities H Ltd S Ltd Assets H Ltd S Ltd
Share capital:
Equity shares of Rs. 10
each
6% Preference shares
of Rs. 10 each
6,00,000
______
2,00,000
1,60,000
Fixed Assets 5,00,000 4,40,000
General Reserve 1,00,000 80,000 15,000 Equity shares
in S Ltd
3,30,000
P&L A/C 2,00,000 90,000 1,200 Preference
shares in S Ltd
1,20,000
6% Debentures of Rs.
10 each
____ 40,000 1,000, 6% Debentures
in S Ltd.
10,000
Proposed dividend: Current Assets 2,94,000 2,87,000
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On Equity shares
On Preference shares
60,000
____
20,000
9,600
Debenture interest
accrued
____ 2,400
Sundry Creditors 2,94,000 1,25,000
Total 12,54,000 7,27,000 Total 12,54,000 7,27,000
Other information is as under:
(i) The general reserve of S ltd as on 31.03.2012 was Rs. 80,000.
(ii) H Ltd. acquired the shares in S Ltd. on 31.03.2012
(iii) The balance of P&L A/c of S Ltd. is made up as follows:
Balance as on 31.03.2012 ‐ Rs. 56,000
Net profit for the year ended 31.03.2013 – Rs. 63,600
Rs. 1,19,600
Less: Provision for proposed dividend Rs. 29,600
Rs. 90,000
(iv) The balance of P&L A/c of S Ltd. as on 31.03.2012 is after providing for preference
dividend of Rs. 9,600 and proposed equity dividend of Rs. 10,000 both of which were
subsequently paid and credited to P&L A/c H Ltd.
(v) No entries have been made in the books of H Ltd. for debenture interest due from or
proposed dividend of S ltd. for the year ended on 31.03.2013
(vi) S Ltd. has issued fully paid bonus shares of Rs. 40,000 on 31.03.2013 among the
existing shareholders by drawing upon the general reserve. The transaction has not
been given effect to in the books of S Ltd.
You are required to prepare the consolidated Balance Sheet of H Ltd. with its subsidiary S
Ltd. as on 31.03.2013

St. Joseph’s College of Commerce M.Com. 2014 IV Sem International Human Resource Management Question Paper PDF Download

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St. Joseph’s College of Commerce (Autonomous)

End Semester Examination- MARCH / April 2014

MIB – IV Semester

 INTERNATIONAL HUMAN RESOURCE MANAGEMENT

Duration:  3 Hours                                                                                          Max. Marks: 100

Section – A

  1. Answer any SEVEN Each carries 5 marks.                    (7 x 5  = 35)
  2. What are Trade Unions? What are the reasons for formation of these unions?
  3. Explain the terms, (a) Industrial Relations, (b) Collective Bargaining
  4. Highlight the objectives of international compensation policy.(from the point of view of “employee” as well as the “firm”)
  5. Define, “Performance Appraisal”, “hardship premium”.
  6. Explain the reasons for the failure of expatriate in foreign employment.
  7. Explain the stages involved in International adjustment.
  8. Explain the various staffing approaches.
  9. Differentiate between IHRM and domestic HRM.
  10. How can staff be developed through International assignments ?
  11. What is Pre-departure training? Is it necessary? Why?

 

Section – B

  1. Answer any THREE Each carries 15 marks.                        (3x 15 = 45)

 

  1. Write a note on cultural, social, political, and technological environment of US, UK, and Japan.
  2. “It is very important for any organization to solve the conflict at the earliest”. Why and How?
  3. What is the meaning of Repatriation. Explain the Repatriation Process.
  4. What is meant by “Expat training”? Explain the pre-departure training session for an expat.
  5. Define Compensation. Explain the objectives and the key components of international compensation.

 

Section – C

  • Case Study – compulsory Question                                                             (1 x 20 = 20)

The organization has never owned any hotels outside the UK before, and has hired

a team of independent management consultants to advise them on how to proceed.

They provided the consultants the following information during their initial

meeting:

 A majority of their existing managers said they would like a chance to work abroad.

 None of their existing managers speak French fluently.

 They will allow four weeks to rebrand the hotels. The new hotels must be ready to

open after that time.

 They expect to recruit a large number of staff for the new French hotels, because

more than 70 percent of the employees from the acquired organization left.

 They will require their managers to be flexible and move between countries if any

problems arise.

Brunt management decided that because this is their first venture into a country

outside the UK, they want to use PCNs to set up the new hotels and that only

internal candidates should be considered. They think that this is important so they

can incorporate the organization’s values. However, they believe that once the hotels

are up and running, HCNs could be hired. The management vacancies must be filled

as soon as possible.

In their company literature, the organization states that their core values are to:

 Provide excellent levels of customer service to all guests.

 Provide a clean and comfortable environment for guests and staff.

 Recruit and retain excellent staff.

 Support and develop staff so they can reach their full potential.

 Continuously strive to improve all aspects of the business.

 Ensure that all hotel buildings, fi xtures and fi ttings are well-maintained in a

proactive manner.

It is important that the management consultants for this project take these core

values into account when making their recommendations.

The management eventually approves the advertisement and the compensation

package and distributes both internally. Interested candidates are asked to write

a letter to the CEO to explain why they think they are the best person for the

job. Thirty managers apply for one of the new positions (there are 10 positions

available), which means there will be 20 unsuccessful candidates still working for the organization.

The management team acknowledges that the application letters were not helpful with making decisions and that they need a more robust selection process. There must be a strong sense of fairness in the selection process because they do not

want to de-motivate any of these existing employees. They want to select the right

candidates because it is essential that the new hotels are successful and up and

running quickly and efficiently. The senior managers know all of the candidates

quite well (personally and professionally).

The management team advises you that they do not want to take into account the

marital or family situation of the expatriate candidates; they are concerned that this

may fall afoul of UK equal opportunities legislation.

The management hires six candidates to work overseas because they did not feel

that the other candidates were qualified. They feel confident that these six can

successfully open the new hotels. The success of these managers is vital to the success of setting up the new business, so management wants to ensure they provide effective support for them in terms of training and development. They believe that the best option is to divide training into two parts: pre-departure training and on-the-job training in the new country. Since the organization has never sent employees abroad before, they are not sure about what should be included in these training programs. The only mandatory area that must be included is an introductory language section

(including basic business French) so that the managers have a basic grasp of the

French language by the time they open the new hotels. However, they hope that the

managers will enjoy their introductory language course and will continue to attend

more advanced language classes when the new hotels are open.

The management team decides to select only one of the three proposed training

programs, confident that it will be useful and informative for the new expatriates.

However, they would also like to provide external support for the new expatriates

to make their transition to a new country as smooth as possible. They are aware of

some of the services that can be offered to support employees on both a personal and

professional level, but do not have a comprehensive overview.

 

Questions:

 

  1. What are the advantages and disadvantages of recruiting expatriate staff externally?

 

  1. Explain the benefits of an ethnocentric approach to international staffing.

 

  1. What are the most important factors in the selection decisions of expatriates?

 

  1. Discuss the advantages and disadvantages of involving the spouse and families of expatriates in the selection process.

 

                                    

St. Joseph’s College of Commerce M.Com. 2014 II Sem Operations Research For Business Decisions Question Paper PDF Download

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St. Joseph’s College of Commerce (Autonomous)

End Semester Examination- APRIL 2014

MIB – II Semester

OPERATIONS RESEARCH FOR BUSINESS DECISIONS

Duration: 3 Hrs                                                                                         Max. Marks: 100

 

SECTION – A

 

  1. I) Answer any SEVEN Each carries 5 marks.                        (7 x 5 = 35)

 

  1. Explain with reasons which of the following statements are true or false:
  2. a) Emotions and guesswork is not part of Operation Research
  3. b) The purpose of using simulation technique is to understand properties and operating characteristics of complex real life problems.
  4. c) An assignment problem cannot have multiple optimal solution.

 

  1. The Mapple Store sells Mapple Computers and printers. The computers shipped are in 12 cubic foot boxes and printers in 8 cubic foot boxes. The Mapple store estimates that at least 30 computers can be sold each month and the number of computers sold will be at least 50% more than the number of printers. The computers cost the store $1000 each and are sold for a profit of $1000. The printers cost the store $300 and are sold for a profit of $350.the store has a storeroom that can hold 1000 cubic feet and can spend $70,000 each month on computers and printers. How many computers and how many printers should be sold each month to maximize profit? What is the maximum profit? Solve by graphical method.

 

  1. Define Operation Research. Explain the methodology of OR.

 

  1. Imagine yourself to be the Executive Director of a 5 Star hotel which has four banquet halls that can be used for all functions including weddings. The halls were all the same size and facilities in each hall differed. During a heavy marriage season, 4 parties have approached you to reserve a hall for the marriage to be celebrated on the same day. These marriage parties were told that the first choice among these halls would cost Rs10, 000 for the day. They were also required to indicate the second, third and fourth preferences and the price they were willing to pay. Marriage party A and D indicated they were not interested in Halls 3 and 4. Other particulars are given in the table below:

 

MARRIAGE PARTY                                REVENUE  HALL
  1 2 3 4
A 10,000   9000 X X
B   8000 10,000 8000 5000
C   7000 10,000 6000 8000
D 10,000   8000 X X

Decide on an allocation that will maximize the revenue of the hotel.

 

  1. Arrival of cars at a filling station is considered to be Poisson with an average time of 4 min in between one arrival and the next. Service time is considered to be poison with an average time of 3 min. the length of filling is assumed to be distributed exponentially with mean of 0.05 hours.

 

  1. a) What is the arrival rate?
  2. b) What is the service rate?
  3. c) What is the equipment utilization rate?
  4. d) What is the average time an arrival spends in the system (waiting and servicing time)?

 

  1. Solve the game whose pay-off matrix is given below:
PLAYER A                                     PLAYER B
  B1 B2 B3 B4
A1 1 7 3 4
A2 5 6 4 5
A3 7 2 0 3

 

  1. A project consists of 9 jobs A to I with the following precedence relationships and estimates of time. Draw a project network and find the critical path with project duration
JOB A B C D E F G H I
PREDECESSOR – – A,B A,B B D,E C,F D,E G,H
DURATION(DAYS) 15 10 10 10 5 5 20 10 15

 

  1. The occurrence of rain in a city on a day is dependent upon whether or not it rained on the previous day. If it rained on the previous day the rain distribution is given by
           EVENT                 PROBABILITY
NO RAIN 0.50
1 CM 0.25
2CM 0.15
3CM 0.05
4CM 0.03
5CM 0.02

 

If it did not rain the previous day, the rain distribution is given by:

EVENT                PROBABILITY
NO RAIN 0.75
1CM 0.15
2CM 0.06
3CM 0.04

 

Simulate the city’s weather for 10 days and determine by simulation the total days without rain as well as the total rainfall during the period. Use the following: 67, 63, 39, 55, 29, 78, 70, 06, 78, 76 for simulation. Assume that for the first day of the simulation it had not rained the day before.

 

  1. Medicare hospital has the following minimum daily requirement for nurses
PERIOD CLOCK TIME (24 HRS) MINIMAL NUMBER OF NURSES REQUIRED
1   6 am – 10 am 2
2 10 am –  2 pm 7
3   2 pm – 6 pm 15
4   6 pm – 10 pm 8
5 10 pm – 2 am 20
6   2 am – 6 am 6

 

Nurses report to the hospital at the beginning of each period and work for 8 consecutive hours. The hospital wants to determine the minimal number of nurses to be employed so that there will be sufficient number of nurses available for each period. Formulate this as a linear programming problem.

 

  1. Define any five terms :
  2. Degeneracy b. Duality       c. Reneging           d. Unbounded solution
  3. Dangling Error f. Saddle point

 

SECTION-  B

  1. II) Answer any THREE questions. Each carries 15 marks.                             (3×15 = 45)

 

  1. A company manufactures two products A and B. Both products are processed on two machine centres, M1 and M2.
PRODUCTS   HOURS REQUIRED PER UNIT
  M1 M2 PROFIT
A 1 3 30
B 2 2 20
CAPACITY 80 120  
       

Solve the problem using simplex method to determine number of units of A and B to be produced per week to maximize profit. Is there an alternate solution? If yes, find it.

  1. National Oil Co. has three refineries and 4 depots. Transportation costs per ton and requirements are given below:
  D1 D2 D3 D5 CAPACITY
P1 5 7 13 10 700
P2 8 6 14 13 400
P3 12 10 9 11 800
REQUIREMENT 300 600 700 400  

Determine optimal allocation of output.

 

  1. With a view to improving the quality of customer services, a Bank is interested in  making an assessment of the waiting time of its customers coming to one of its branches located in a residential area. This branch has only one tellers counter. The arrival rate of the customer and the service rate of the teller is given below:
Time between two consecutive arrivals of customers( in min)                            Probability
3 0.17
4 0.25
5 0.25
6 0.20
7 0.13

 

Service time by the teller (in min)                              Probability
3 0.10
4 0.30
5 0.40
6 0.15
7 0.05

You are required to simulate 10 arrivals of customers in the system starting from 11 am ans show the waiting time of customers and idle time of the teller.

Use the following random numbers taking the first two random numbers in two digits each for the first trial and so on: 11,56,23,72,94,83,83,02,97,99,83,10,93,34,33,53,49,94,37 and 97.

 

  1. Define an OR model. Discuss the various classification schemes of models.

 

  1. What is game theory? Explain with examples the concept of dominance in game theory. What are the major limitations of game theory?

 

 

Section – C

 III)  Compulsory Question.                                                                                      (1×20=20)

 

  1. A construction company is preparing a PERT network for laying the foundation of a new art museum. Given the following set of activities, their predecessor requirements and three time estimates of completion time:
Activities Duration
1-2 3
1-3 8
2-4 9
3-5 6
4-5 0
4-6 10
4-7 14
5-7 11
7-9 10
6-8 5
8-10 4
9-10 1

 

REQUIRED:

 

  1. Draw the CPM Network.
  2. Compute the total float for each activity and determine the critical path using forward pass 7 backward pass

 

 

 

St. Joseph’s College of Commerce M.Com. 2014 II Sem Impex Procedures And Documentation Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – MARCH/APRIL 2014

M.I.B – II SEMESTER

IMPEX PROCEDURES AND DOCUMENTATION

 

Duration: 3Hrs.                                                                              Max. Marks: 100

                                                                      Section – A

  1. Answer any SEVEN Each carries 5 marks            (7×5=35)
  2. What are the types of financial guarantees provided by ECGC?
  3. Explain the registration formalities required for an exporter.
  4. What is Bill of Lading? Explain its purpose and types.
  5. Differentiate FOB Contract and CIF Contract.
  6. What is Aligned Documentation System? How are the export documents classified under this system? Give three examples of each.
  7. What are the objectives and important services of EXIM Bank?
  8. What are the excise clearance requirements and procedures for exportable goods?
  9. Explain the meaning and scope of Marine Insurance.
  10. What are the essential and desirable services expected by exporters from C & F Agents?
  11. What are the 3 methods of Quality Control and Pre-shipment Inspection?

 

Section – B

  1. Answer any THREE Each carries 15 marks. (3×15=45)

 

  1. Explain in detail the three stages in export procedure.
  2. Explain the meaning, parties involved and types of Letter of Credit.
  3. Discuss the institutional framework available in India for Pre-shipment and Post-shipment finance.
  4. Discuss the major Export Promotion measures in India.
  5. Write short notes on any 3(Three) of the following. (5marks each)
  6. Duty draw back scheme
  7. EPCG Scheme
  8. Export Promotion Councils
  9. Special Economic Zones

                                                                Section – C

  • Case Study – Compulsory question.                                      (20 marks)

Gokak Textiles is exporting a consignment of textiles from Karwar Port in Karnataka to Singapore Port, Singapore. The registered office of the company is at 139, Market Road, Gokak, Belgaum District, Karnataka, India.

From Gokak, the goods are to be received and transported by road in trucks to Karwar Port by the  C&F Agent, KK Export Agencies. Shipping space has been booked on the ship M.V 33001- Seven Seas. The company has not used any imported items in the products to be exported or in manufacture.

The consignment has to be sent as per the order received from Fashion Garments, 303, Little India Road, Singapore, vide Order No: 98867- 42246, dt 18th March 2014.

The export contract stipulates the importer opening an Irrevocable Documentary L/C for the full chargeable value under the CIF contract.

Details of Cargo:

  1. Gokak Textiles’ IEC Ref.No : GOI 235544221BGK
  2. Trade mark/brand        : Gokak Textiles
  3. Container No : SPSSP 3001122
  4. Packing List :  600 packages – thick card board
  5. Description of goods :  Assorted textiles/ 42,000 numbers
  6. Rate                          :  US$  1000 / package
  7. Amount :  US$  6,00,000
  8. Marine Insurance Premium paid: US$ 30.000
  9. Ocean freight paid :  US$  50,000
  10. Certificate of Origin : Made in India

Questions: (10 marks each)

  1. Prepare a Commercial Invoice based on the details provided in the case, using the blank form given.

 

  1. In the case of documentary L/C, what are the documents to be enclosed by Gokak Textiles to receive payment? Explain each briefly.

………………………

 

 

 

 

 

 

 

 

 

Answer Key : IMPEX PROCEDURES and DOCUMENTATION.   MIB II Sem ESE

Section A

  1. Export Credit Guarantee Corporation of India provides following guarantees: Packing credit guarantee, Post shipment export credit guarantee, Export production finance  guarantee, Export finance guarantee, Export performance guarantee, Export finance (overseas lending) guarantee.
  2. Registration of organisation, opening bank account, obtaining Importer-Exporter Code Number, obtaining PAN number, registration with value added tax authority and sales tax authority, registration with export promotion council, registration with Export Credit Guarantee Corporation of India, registration with other authorities.
  3. BOL is a document of title to the goods, a receipt from the shipping company, and a contract for transportation of goods. Types: Clean BOL, claused BOL, transhipment BOL, stale BOL, freight paid BOL, freight collect BOL.
  4. Free on board is most frequently used contract in international market. Under this quotation, exporter undertakes to pay all expenditure till loading of goods on board ship, including documentation charges. All expenditure thereafter, like ocean freight, marine insurance, unloading charges etc are borne by importer. Under cost, insurance and freight contract, seller meets all expenses as in FOB , above, plus insurance and freight also.
  5. ADS is based on UN layout key under which different form used in international trade transactions are printed on paper of same size and common items of information are given same relative slots in each document. documents classified Commercial and Regulatory.
  6. Export Import Bank of India. Objectives: to translate national foreign trade policies into concrete action plans,provide alternate financing solutions to Indian exporters ,to develop mutually beneficial relationships with international community, to forge relationships with other export development and financing agencies, to be responsive to problems of Indian exporters. Services: Fund based assistance and Non fund based assistance – details of each.
  7. Excise duty is exemption is given for all exporters. But clearance to be obtained in following ways: 1) export under rebate, 2) export under bond. To explain each.  Procedure: application to asst collector of central excise, information to range superintendant, sealing of goods, processing of ARE-I forms, examination of goods at place of export, submission of claim, verification of application, refund of duty, cancellation of documents.
  8. Marine insurance is a contract under which the insurer undertakes to indemnify the insured against losses caused due to perils of the sea including : sinking of ship, damage to ship and cargo due to dashing of waves, dashing of ships on the rocks, fire of explosion on ship, spoilage of cargo due to sea water, destruction of ship and cargo by crew or captain , piracy and such other risks. As per Marine Insurance Act 1963, a contract of marine insurance is an insurance cover for marine cargo, air cargo and post parcels. Marine insurance is used to cover transportation by any of the following modes: sea, air or land, inland water voyages, rail/road, air, post.GIC issues policies for MI.
  9. Clearing and forwarding agents. Essential services: transportation to docks and warehousing, booking of space on ship, arrange loading goods on board, information on shipping lines, freight, charges, preparation and processing of  shipping documents, bills of lading, COO,obtaining marine insurance, forwarding of banking collection papers. Desirable services: Storage facilities abroad, tracing of goods if shipment goes astray, through connections, arrangement for assessing damage to shipment enroute.
  10. Self- certification, in-process quality control and consignment wise inspection.

Section B

  1. Pre-shipment stage, Shipment stage and post-shipment stage. To explain procedures in each.
  2. L/C is a document issued by importers bank in favour of exporter giving him authority to draw up to a particular amount as per contract price, covering a specified shipment of goods and assuring him pf payment against delivery of shipping documents. Parties: applicant or opener, beneficiary, issuing bank, advising bank, confirming bank, negotiating bank. Types: revocable and irrevocable L/C, with recourse or without recourse, confirmed and unconfirmed, transferable and non transferable, fixed and revolving, clean and restricted,red clause and green clause, back to back, documentary L/C.
  3. Reserve Bank of India, Commercial Banks, Export Import Bank of India, Export Credit Guarantee Corporation of India. To explain role of each.
  4. Import facilities for exporters: EPCGScheme, advance authorisation scheme, duty free import authorisation scheme. Duty remission scheme: duty entitlement passbook scheme, duty drawback scheme, excise duty refund, central sales tax exemption, exemption from service tax. Fiscal incentives: exemption from income tax,. Marketing assistance: market development assistance, market access initiative,. Supply of raw materials: industrial raw material assistance centres scheme, back-to-back inland letter of credit. Institutional measures:
  5. a) Exporters can claim refund of customs duty and excise duty paid on raw materials, components and consumables used in manufacture of goods meant for export. Rate of DDBK : all industry rates, brand rates, special brand rates.
  6. b) EPCG introduced by EXIM policy 1992-97 to enable manufacturer exporters to import machinery and other capital goods for export production at concessional or no customs duty .Facility is subject to export obligation. Schemes: zero duty scheme, concessional 3% duty scheme,.
  7. c) SEZ started in India from 2000. A Specifically delineated duty free enclave, which shall be deemed to be a foreign territory for the purpose of trade operations and duties and tariffs, Set up in public, private and joint sectors or by State Govts. Kandla, Surat, Cochin, Chennai, Santa Cruz, Vizag , Noida examples. Many tax and duty concessions and promotion packages available.

d)Non profit organisations registered under companies act or societies registration act. Non profit, autonomous and professional bodies. Main role to promote Indias foreign trade, encourage and monitor observance of international standards by exporters, look for trend and opportunities in global market and assist exporters.

Section C         Case study

  1. Students to fill up relevant details in relevant columns.
  2. Documents to be submitted for getting payment:

Bill of Lading, Shipping Bill,Commercial Invoice,Packing List,Certificate of Origin,Certificate of pre-shipment inspection,Marine Insurance Policy,GSP/CWP certificate,Bill of Exchange.Any other document if required

 

St. Joseph’s College of Commerce M.Com. 2014 II Sem International Financial Institutions And Markets Question Paper PDF Download

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St. Joseph’s College of Commerce (Autonomous)

End Semester Examination- MARCH / April 2014

MIB – II Semester

INTERNATIONAL FINANCIAL INSTITUTIONS AND MARKETS

Duration:  3 Hours                                                                                      Max. Marks: 100

Section A

  1. Answer ANY SEVEN Each carries 5 marks.                       (7×5=35)
  1. The International Monetary Fund has been the centerpiece of the world monetary order since its creation in 1944, though its supervisory role in exchange rate arrangements has been considerably weakened after the advent of floating rates in 1973. Highlight the role of the IMF in world economic order.
  2. Write a note on Credit Risk and Settlement Risk in International Banking.
  3. To facilitate dealings in foreign exchange, a bank in India may maintain accounts with banks abroad. Similarly, some foreign banks may maintain accounts with banks in India. Give a brief description about these accounts.
  4. On 15th September a bank receives a mail transfer from its New Jersey correspondent for USD 5000 payable to its customer. The bank’s account with the correspondent bank has been credited with the amount of the mail transfer in reimbursement.

Assuming USD/INR is quoted in the local interbank market as under:

Spot USD/INR 63.2500/2700
Spot October 2200/2300

Calculate the exchange rate and the Rupee amount payable to the customer bearing in mind that the bank requires an exchange margin of 0.080% to be loaded in the rate.

  1. Reserve Bank of India Governor Raghuram Rajan raised the key repo rate on January 27th 2014, choosing once again to confound expectations while renewing focus on inflation as also the threat stemming from the weakening of the rupee amid a selloff that has rippled through emerging markets. The Indian currency recovered sharply after the policy announcement. How do such changes in the Repo rates help the economy?
  1. Bharti Airtel, the world’s fifth-largest mobile phone company by subscribers, in 2013, approached investors in the overseas bond market to raise $1 billion, nearly two years after it first planned to undertake the offering. If the Bharti issue mops up at least $500 million, the company will be the second-largest private sector borrower to tap the global bond market this year after Reliance Industries’ $800-million perpetual bond in late January 2013. Write a note on how International Bonds can help firms raise capital.

 

  1. In 2013, Deutsche Bank launched an $8.7 billion CDO in two tranches with payments ranging from 8% to 14.6%, garnering strong interest from investors, according to a January 24 story in Bloomberg News. In the U.S., firms such as Redwood Trust have started selling CDOs backed by commercial real estate for the first time since the credit crunch, Bloomberg reported in a January 14 article. Write a note on CDOs.

 

  1. Fannie Mae earned $17.2 billion in 2012, the biggest annual profit in the US mortgage giant’s history. The gain was driven by the housing recovery, which has reduced delinquencies and lifted home prices six years after the bubble burst. Examine Fannie Mae’s role in the mortgage industry.

 

  1. The current price of a stock is $ 94, and a 3-month European call option with a strike price of $95 currently sells for $4.70. An investor who feels that the price of the stock will increase is trying to decide between buying 100 shares and buying 2000 call options (=20 contracts). Both strategies involve an investment of $9,400. What advice would you give? How high does the stock price have to rise for the option strategy to be more profitable?

 

  1. Explain CRISIL’s rating process.

 

Section B

  1. Answer any THREE Each carries 15 marks.                (3×15=45)
  1. (a) On 12th February a bank’s customer has received an import bill for USD 10,000. The customer asks the bank to retire the bill to the debit of his account. Interbank rate for USD is:
Spot USD/INR 62.6500/7200
Spot/March 5000/4500

The bank requires an exchange margin of 0.15% for TT sales and 0.20% for bills selling rate. With what amount will the bank debit his account?

(b) What is the difference between entering into a long forward contract when the forward price is $50 and taking a long position in a call option with a strike price of $50?

(c) Explain the terms European quote & Indirect quote.

(5+5+5)

  1. (a) What are Depository Receipts? Explain the concept and working of ADRs and GDRs.

(b) Euro is quoted in Singapore as under:

Spot EUR / USD 1.0125 / 150
1 month forward 0.0050 / 0.0075

In the interbank market USD is quoted as under:

Spot USD/ INR 62.1250/1375
1 month forward 6000 / 6100

You are required to load an exchange margin of 0.15% in the exchange rate for TT selling and 0.20% for bill selling.

  • A shipping company has asked the bank to quote its TT selling rate for a freight remittance of EUR 150,000 to Frankfurt.
  • Another customer requires the bank to retire an import bill drawn on him for Euro 12,000.

What rates will the bank quote to the customer?                                          (7+8)

  1. What is a letter of credit? Explain its working in the light of it being a product offered by international banks.
  2. What is Securitization? How does it work?
  3. Explain the concept of Reverse Mortgage.

 

Section – C

III) Compulsory Case Study.                                                                             (20 marks)

  1. At the current time, the Sports Exports Company is willing to receive payments in British pounds for the monthly exports it sends to the United Kingdom. While all of its receivables are denominated in pounds, it has no payables in pounds or in any other foreign currency. Jim Logan, owner of the Sports Exports Company, wants to assess his firm’s exposure to exchange rate risk.
  2. a) Would you describe the exposure of the Sports Exports Company to exchange rate risk as transaction exposure?  Economic Exposure?  Translation Exposure?
  3. b) In the light of the above, distinguish between Risk & Exposure. What are the different types of Foreign Exchange Exposures & how are they managed?

 

 

 

 

 

St. Joseph’s College of Commerce M.Com. 2014 II Sem Finance For Managers Question Paper PDF Download

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St. Joseph’s College of Commerce (Autonomous)

End Semester Examination- APRIL 2014

MIB – II Semester

FINANCE FOR MANAGERS

Duration:  3 Hours                                                                                      Max. Marks: 100

 

Section –A

 

  1. Answer ANY SEVEN Each carries 5 marks.                       (7×5=35)
  2. A firm has sales of Rs. 20,00,000, variable cost of Rs. 14,00,000 and fixed cost of Rs. 4,00,000. It has a debt of Rs. 10,00,000 @10%. What are the operating, financial & combined leverage? If the firm wants to double the EBIT, how much of a rise in sales would be needed on a percentage basis?
  3. Write short notes on Bonus Shares.
  4. What is the scope/contents of Finance Function.
  5. Distribution of Dividends is influenced by many factors. Elucidate
  6. Explain any five risk accounting methods
  7. Explain any five inventory management techniques.
  8. Sunrise Ltd., wishes to arrange overdraft facilities with the banker during the period April to June 2014. Prepare Cash Budget from the following for that period.
Month sales purchases wages
February 1,80,000 1,24,800 12,000
March 1,92,000 1,44,000 14,000
April 1,08,000 2,43,000 11,000
May 1,74,000 2,46,000 10,000
June 1,26,000 2,68,000 15,0000

50% of credit sales are realised in the month following the sales and the remaining at the second month following.

Creditors are paid in the month following the month of Purchase

Cash at Bank on 1/4/14 estimated Rs. 25,000.

  1. There are many external factors influencing the decision of Capital structure decision-Elucidate
  2. How is the value of time measured from financial aspect?
  3. Explain the different models of determining Cost of Equity Capital.

 

Section – B

  1. Answer any THREE Each carries 15 marks.                (3×15=45)
  2. A Co. is considering a proposal to purchase a new equipment which would involve a cash outlay of Rs. 5,00,000 and working capital of Rs. 60,000.It has a life of 5 years without any salvage value. Straight line method of depreciation is followed by the Co. The estimated earnings before depreciation and tax are given below. Applicable tax rate is 35% and opportunity cost of capital of the company is 10%.

 

YEAR 1 2 3 4 5
EBDT 1,80,000 2,20,000 1,90,000 1,70,000 1,40,000

 

You are required to calculate:

  1. Pay Back Period
  2. Net present value
  3. Internal Rate of Return

 

  1. Explain important objectives of Financial Management.

 

  1. From the following compute net working capital.
Particulars Cost per unit
Raw materials 400
Direct labour 150
Overheads 300
Total cost 850
Additional information  
Selling price 1,000 p.u
Output 52,000 unit p.a
STOCK:  
Raw materials 4 weeks
Work in progress

(complete100% for material &

50% w.r.t Labour & overheads)

 2 weeks
Finished goods 4weeks
Credit allowed by suppliers 4 weeks
Credit allowed to debtors 8 weeks
Cash at bank Rs. 50,000

Assume that production is sustained at an even pace during 52 weeks of the year. All sales are on credit basis. State any other assumptions that you might have made while computing.

 

  1. Critically explain Relevant and Irrelevant theories of Dividends.

 

  1. Explain the following innovative sources of finance.
  2. Mechanism of Factoring (3mks)
  3. Venture Capital (5 mks)
  4. Lease Financing                                                                              (7 mks)

 

Section – C

III) Compulsory Case Study.                                                                             (20 marks)

 

  1. JRS ltd wishes to raise additional finance of Rs.10 lakhs for meeting its investment plans. It has Rs.2,10,000 in the form of retained earnings available for investment purposes.  The following are the further details

 

 

 

 

Debt/equity mix

Cost of debt upto Rs.1,80,000

Cost of debt beyond Rs.1,80,000

Earnings per share

Dividend payout

Expected growth rate in dividend

Current market price

Tax rate

 30%/70%

10% (before tax)

16%(before tax)

Rs.4

50% of earnings

10%

Rs.44

50%

 

You are required

  • To determine the pattern for raising the additional finance.
  • To determine the post tax average cost of additional cost
  • To determine the cost of retained earnings and cost of equity
  • Compute the overall weighted average after tax cost of additional finance.

 

St. Joseph’s College of Commerce M.Com. 2014 III Sem Business Research Methodology Question Paper PDF Download

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St. Joseph’s College of Commerce (Autonomous)

End Semester Examinations – March / April 2014

MIB –II Semester

 BUSINESS RESEARCH METHODOLOGY

Time: 3 Hrs                                                                                                      Max Marks: 100

 

Section – A

  1. Answer any SEVEN Each carries 5 marks.                           (7 x 5 = 35)
  2. Give qualities of a good researcher. Describe social research in
  3. Write the steps for preparation of questionnaire. Write the limitations of a questionnaire.
  1. Explain ‘conditions for applying ANOVA test’.
  2. Enumerate the different sources of secondary data and highlight the strengths and weaknesses of each source.
  3. Define marketing research? What are the applications in Marketing Research? Explain.
  1. The systolic blood pressure (Hg / mm) of 15 patients under treatment for hypertension has been noted as shown:
150 97 107 139 118 157 152 138 151 133
165 150 122 188 151  

Apply t-test and examine is there any evidence that this sample represents a population of patients having a normally distributes blood pressure with mean samples?  The critical value at 0.01 level of significance is 1.761.

  1. The sample size of 100 students is taken from a large population. The mean height is 64 inches and Std Deviation 4 inches. Can it be reasonably regarded population mean height is 66 inches. Apply Z test assume that there is no significant association between sample mean and hypothetical population mean. Significant level at 1% and the table value is 2.58.
  1. Discuss the uses of t-test and explain the importance of chi-square test in business research
  2. What do you mean by sampling techniques?  Discuss the following sampling techniques
  • Systematic sampling (b) Stratified sampling (c) Judgmental sampling

 

  1. Review the need of Foot -Note and bibliography in your research work

Section – B

  1. Answer any THREE out of FIVE questions. Each carries 15 marks.  (3x 15 = 45)

 

  1. In order to test the significance of variance of the retail prices of a commodity in three cities, four shops were chosen at random from each city and prices observed in rupees were as follows:
City Shops
A 16 8 12 12
B 14 10 10 06
C 04 10 08 10

Use analysis of variance to test that the prices in three cities are significantly different?  State the Null and alternative hypothesis and test the significance.

  1. (i) A pharma company claims that it has developed an ointment which can cure dandruff. In an experiment on 500 persons, half were given the ointment and the other had continued to use the usual shampoo. The results are given below :
Products Helpful Harmful No Effect Total
Ointment 145 30 75 250
Shampoo 135 40 75 250
Total 280 70 150 500

Apply Chi-square test. Test at 5% significance level if there is any significant difference between ointment and shampoo in controlling dandruff? State Null and alternative hypothesis.

12 (ii) Write Short Notes on:  (a) Case Study (b) Pilot Study (c) Scaling Techniques

  1. Describe the different steps involved in research process
  2. What do you understand by ‘Hypothesis Testing’? State the various hypothesis testing procedures
  3. Explain the significance of research report and what could be the structure and general layout for writing a dissertation?

Section – C

  • ONE Compulsory Case study                                                  ( 1 x 20 = 20)
  1. Enhancing The Utility Of Sports Utility Vehicles

An industry that has taken advantage of online focus groups is the automobile industry specifically Nissan.  While designing the Zterra Sports Utility Vehicle (SUV), Nissan conducted several online focus groups to get feedback on designs, as well as find out what their target market wanted to see in an SUV.  The market, consisting of young, active, athletic people was eager to participate.  They wanted an SUV that could carry sporting and camping equipment inside the vehicle or on racks, but they wanted it to be offered at a reasonable price.  The focus groups discussed topics such as the features they were looking for such as racks on the top and the back of the SUV, four doors, a sporty design, trendy colors and lots of room inside the vehicle.  Nissan delivered in all of these areas, and has been successful.  The Zterra became a success.

On-line focus groups revealed that many automobile buyers wanted custom-built vehicles.  Therefore, Nissan become the first major automaker to announce web-enabled build-to-order manufacturing.

Questions:

  1. Comment on the qualitative research and construct a research design for Nissan.
  2. Based on the case develop a Model Research report.

 

&&&&&&&&&&&&&&&&&&&&&&&&&&&

 

 

 

 

 

 

 

MIB- End Semester Examinations – March / April’ 2014

 

Semester –II

 

Business Research Methodology

 

Synopsis of Answer Keys

Section – A                                                                                                                  7 x 5 = 35

 

Answer any SEVEN questions

  1. Give qualities of a good researcher. Describe social research in
  • Interest
  • Motivation
  • Inquisitiveness
  • Commitment
  • Sacrifice
  • Excelling
  • Knowledge
  • Recognition
  • Scholarly approach, and
  1. Write the steps for preparation of questionnaire. Write the limitations of a questionnaire.
  • Formulate the research question and research objectives / goals – what do you wish to ascertain?
  • Define the target population – who do you wish to target?
  • Formulate the questions in order to answer the research question(s)
  • Organize the questions
  • Consult experts
  • Do a pilot study among a small group of respondents similar to those in the target population
  • Adhere to ethical standards

Limitations

  • It is reliable and valid, but
  • Pre-coding questions can deter them from answering.
  • Pre-coded questions can bias the findings towards the researcher.
  • Postal questionnaire offer little opportunities to check the truthfulness of the answers.
  • It cannot be used with illiterate and small children.

 

  1. Explain ‘conditions for applying ANOVA test’.
  • Calculation of “T” sum of all samples
  • Calculation of Correction Factor CF (T2/n)
  • Calculation of sum square variance for observed value within samples
  • Calculation of sum square variance Between samples
  • Calculation of ANOVA
  • Calculation of “F” value
  • Decision making
  1. Enumerate the different sources of secondary data and highlight the strengths and weaknesses of each source.

Secondary sources – Data can be collected from the following sources Journal, Books, Annual Reports, Newsletter, Balance Sheet, Official Documents, Online resources etc.,

  1. Define marketing research? What are the applications in Marketing Research? Explain.

A set of techniques and principles for systematically collecting, recording, analyzing, and interpreting data that can aid decision makers who are involved with marketing goods, services or ideas.

Applications Gathering data from markets

  • Conducting customer surveys
  • Determining the needs of your customers
  • Evaluating customer response to advertising
  • Gathering sales and market share data on your competitors
  • Testing your products in the marketplace
  • Estimating potential product sales
  1. Refer attached sheet
  2. Refer attached sheet
  3. Discuss the uses of t-test and explain the importance of chi-square test in business research
  • Data sets should be independent from each other except in the case of the paired-sample t-test
  • Where n<30 the t-tests should be used
  • The distributions should be normal for the equal and unequal variance t-test
  • All individuals must be selected at random from the population
  • All individuals must have equal chance of being selected
  • Sample sizes should be as equal as possible but some differences are allowed
  1. What do you mean by sampling techniques? Discuss the following sampling techniques

The terminology “sampling” indicates the selection of a part of a group or an aggregate with a view to obtaining information about the whole. This aggregate or the totality of all members is known as Population although they need not be human beings. The selected part, which is used to ascertain the characteristics of the population, is called Sample.

  • Systematic sampling: A sample where the units are selected at equal interval.
  • Stratified sampling: A sample collected by dividing the entire population into a number of subgroups and selecting a simple random sample from each subgroup.
  • Judgmental sampling: It’s a procedure where the sample is selected through judgment or expertise.
  1. Review the need of Foot -Note and bibliography in your research work
  • Footnotes: A reference, explanation, or comment1 placed below the main text on a printed page.
  • Footnotes are numbered consecutively throughout a research paper, except for those notes accompanying special material (figures, tables, etc.).
  • “Footnotes are used to provide additional content or to acknowledge copyright permission status.
  • Bibliography: Bibliography is an alphabetical list of all the sources used in your research.
  • It appears at the end of your report or essay.
  • It must be written in a specific format.

 

Section – B

Answer any THREE out of FIVE                                                              3 x 15   = 45

 

  1. Refer attached sheet
  2. (i) Refer attached sheet

 

 

12 (ii) Write Short Notes on:

  • (a) Case Study: It is an in-depth/intensive study of a unit or problem under study. It is a comprehensive study of a firm or an industry, or a social group, or an episode, or an incident, or a process, or a programme, or an institution or any other social unit.
  • Pilot Study: A pilot, or feasibility study, is a small experiment designed to test logistics and gather information prior to a larger study, in order to improve the latter’s quality and efficiency. A pilot study can reveal deficiencies in the design of a proposed experiment or procedure and these can then be addressed before time and resources are expended on large scale studies.

Objectives of Pilot Study

  • Integrity of study protocol
  • Testing of data collection forms or questionnaires
  • Randomization procedure
  • Recruitment and consent
  • Acceptability of intervention
  • Selection of most appropriate outcome measure
  • Sample size calculation
  • Scaling Techniques
  • Nominal
  • Ordinal
  • Interval
  • Ratio (scale)

 

 

 

 

 

 

  1. Describe the different steps involved in research process
  2. What do you understand by ‘Hypothesis Testing’? State the various hypothesis testing procedures

Hypotheses are formulated to explain observed facts, conditions, or behaviour and to serve as a guide in the research process. The statements or tentative generalizations which constitute hypotheses are partly based on facts and explanations, and partly conceptual.

Testing of Hypothesis

  • Testing hypothesis is an important activity in the research process. As a researcher you should know the important steps in testing hypothesis.

The steps are:

1) State the research hypothesis (H1)

2) Formulate the null hypothesis (H0)

3) Choose a statistical test

4) Specify a significance level

5) Compute the statistical test

6) Reject/accept the H0

7) Draw the inference i.e. Accept/Reject H1

  1. Explain the significance of research report and what could be the structure and general layout for writing a dissertation?
  • A research report is an end product of a project work. It contains the description of events, pertinent facts discovered during investigation, conclusion and recommendation.
  • Research Report emphasizes that:
  • A research report is a tangible product or output especially a written/printed or published document for communicating specific data and ideas to an audience.
  • It contains information which are observed or investigated with a specific purpose.
  • It is a record for future use by other researchers.
  • A scholarly outlet to disseminate ideas and information.

Section – C

  ONE Compulsory Case study                                                                           1 x 20 = 20

  1. Case Study evaluation should be based on
  • Individual presentation – 5 Marks
  • Formulation of research problem – 5 Marks
  • Research Design-5 Marks
  • Questionnaire- 5 Marks

St. Joseph’s College of Commerce M.Com. 2014 III Sem International Marketing Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

End Semester Examinations – OCTOBER 2014

M.I.B. – III semester

INTERNATIONAL MARKETING

Duration: 3 Hrs                                                                                           Max. Marks: 100

 

Section – A

  1. Answer any SEVEN Each carries 5 marks.                    (7 x 5  = 35)

 

  1. Explain Non-Trade Barriers of World Trade.

 

  1. What is really meant by a company having a differential advantage over its

competitors in one or more foreign markets?

 

  1. Write brief note of Global Advertising Vs Country specific advertising.

 

  1. Attempt any two parts of this question:

(a) Write a note on product adaptation vs. product standardization.

(b) What are the major points to be covered in a price quotation?

(c) Discuss the advantages and limitations of indirect exporting.

 

  1. As a newly appointed export manager, you have received an export order

for export of basmati rice to Saudi Arabia. Write down the steps you will

take for executing the export order.

 

  1. State the various promotional strategies followed in the global trade.

 

  1. Explain the various stages involved in the new product development

Process.

 

  1. (a) What is Grey market? What are the problems associated with it?

(b) What is transfer pricing? What are the complexities involved in it?

 

  1. 9. What are the special considerations in packaging and labeling in

International marketing

 

  1. 10. State the advantages and limitations of indirect channels of distribution.

 

Section – B

 

  1. Answer any THREE out of 5 questions. Each carries 15 marks.                    (3 x 15   = 45)

11)  What is a product? Explain the product related strategies to be adopted by a multinational company.

 

12) Explain the key variables that affect the market’s choice of Distribution Channel.

 

13)  Explain the steps involved in International Marketing research process.

 

14)  Bring out the differences between traditional marketing and e-marketing

with respect to 4Ps

 

15) Why do you think a company should or should not market the same product in the same way around the world? Discuss with the help of suitable examples.

 

Section – C

  •  Compulsory Case study                                                                        (1 x 20 = 20)

A major cereal manufacturer produces and markets standardized breakfast cereals to countries around the world. Minor modifications in attributes such as sweetness of the product are made to cater to local needs. However, the core products and brands are standardized. The company entered the Chinese market a few years back and was extremely satisfied with the results. The company’s sales continue to grow at a rate of around 50 percent a year in China and other Asian countries, and based on the market reforms taking place, the company started operations in India by manufacturing and marketing its products. Initial response to the product was extremely encouraging, and within one year the company was thinking in terms of rapidly expanding its production capacity. However, after a year, sales tapered off and started to fall. Detailed consumer research seemed to suggest that while the upper-middle social class, especially families where both spouses were working to whom this product was targeted adopted the cereals as an alternative meal (i.e., breakfast) for a short time, they eventually returned to the traditional Indian breakfast. The CEOs of some other firms in the food industry in India are quoted as saying that non-Indian snack products and restaurant business are the areas where MNCs can hope for success. Trying to replace a full meal with a non-Indian product has less of a chance of succeeding. You are a senior executive in the international divisions of this food MNC having post-graduate qualification in management from IGNOU and several years of experience of operating in various countries in a product management function. You have been appointed head of the fact finding mission to determine answers to these specific questions. What, in you opinion, would be answers to these questions?

Questions:

16.

(a)  Was entering the Indian market with a standardized product a mistake? Justify.
(b) Was it a problem of the product, or the way it was positioned?
(c)  Given the advantages to be gained through leveraging of brand equity and product    knowledge on a global basis, and the disadvantages of differing local tastes, what would be your strategy for entering new markets?

 

 

 

 

 

St. Joseph’s College of Commerce M.Com. 2014 III Sem International Financial Management Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

End Semester Examinations – OCTOBER 2014

MIB –III semester

INTERNATIONAL FINANCIAL MANAGEMENT

Duration: 3 Hrs                                                                                          Max. Marks: 100

 

Section – A

  1. Answer any SEVEN  Each carries 5 marks.                  (7 x 5  = 35)

 

  1. What are the typical reasons why MNCs expand internationally?

 

  1. What method has McDonald’s used to conduct international business? How has it used this method to its advantage and mention the other methods to conduct international business.

 

  1. How would a relatively high home inflation rate and a weakening home currency affect the home country’s current account, other things being equal?

 

  1. What are the reasons for Balance of Payments disequilibrium?

 

  1. Why is country risk analysis important?

 

  1. Cliff top Co. plans to expand its successful business by establishing a subsidiary in Canada. However, it is concerned that after 2 years the Canadian government will either impose a special tax on any income sent back to the US parent or order the subsidiary to be sold at that time. The executives have estimated that either of these scenarios have a 15% chance of occurring. They have decided to add 4 percentage points to the project’s required rate of return to incorporate the country risk that they are concerned about in the capital budgeting analysis. Is there a better way to more precisely incorporate the country risk of concern here?

 

  1. Explain how the present value of the salvage value of an Indonesian subsidiary be affected (from US parent’s perspective) by (i) an increase in the risk of the foreign subsidiary and (ii) an expectation that Indonesia’s currency (rupiah) will depreciate against the dollar over time.

 

  1. In 2001, an outbreak of foot–and-mouth disease occurred in United Kingdom and eventually spread to several other European countries. This disease can spread by direct or indirect contact with infected animals. The US government imposed trade restrictions on some products produced in the United Kingdom for health reasons. Give your view on how this restriction affected the trade flows between the two countries?

 

  1. What are the techniques to optimize cash flow in multinational Cash Management?

 

  1. Differentiate between Direct Foreign Investment and Portfolio Investment.

 

Section – B

  1. Answer any THREE   Each carries 15 marks              (3 x 15   = 45)
  2. a) Among the agencies that facilitate international trade flows, what is the difference in the functions of IMF, World Bank, WTO and IFC?

 

  1. b) Explain how each of the following transactions will be classified and recorded in the debit and credit of the US Balance of Payments:

 

  • A Japanese insurance company purchases US Treasury Bonds and pays out of its bank account kept in New York City.
  • A US citizen consumes a meal at a restaurant in Paris and pays with her American Express Card.
  • An Indian immigrant living in Los Angeles sends a cheque drawn on his Los Angeles bank account as a gift to his parents living in Mumbai.
  • A US computer programmer is hired by a British company for consulting and gets paid from the US bank
  • Individuals in the US purchase CDs over the internet from a firm based in China                                                                                          (10+5)

 

  1. a) What strategies does an MNC use to reduce exposure to a host government takeover?

 

  1. b) Calculate the Balance on Capital a/c with the following information:

 

  • Government loans from abroad 20 M
  • Government loans to abroad 40 M
  • Direct investment abroad 68 M
  • FDI into the country 208 M
  • Foreign short-term loans investment in the country 60 M
  • Short-term loans and investment abroad 470 M
  • Private remittance abroad 85 M
  • Private remittance from abroad 211M (8+7)

 

  1. a) An American multinational corporation has subsidiaries whose cash positions for the month of September 2013 are given below:

Swiss subsidiary: Cash surplus of CHF 15 M

Canadian subsidiary: Cash deficit of CAD 25 M

UK subsidiary: Cash deficit of GBP 3 M

What are the cash requirements if:

  • Decentralized cash management is adopted?
  • Centralized cash management is adopted?

Exchange rates: CHF 1.48/USD, CAD: 1.58/USD, USD: 1.57/GBP

 

  1. b) Should capital budgeting for a MNC project be conducted from the viewpoint of the subsidiary that will administer the project or the parent that will most likely finance much of the project? Depict the process of remitting subsidiary earnings to the parent diagrammatically. (8+7)

 

  1. a) What are the factors influencing working capital requirements?

 

  1. b) Write a note on ADRs and GDRs.                                                               (8+7)

 

15) a) What is a lease contract? What are the various kinds of leases?

 

  1. b) What are the reasons for the cost of capital for MNCs differing from that for domestic firms?                                                                                                       (8+7)

 

Section – C

 

  • Compulsory Case study.                                                                           (1 x 20 = 20)

 

  1. Rolls and Skates, Inc is considering the development of a subsidiary in Singapore that would manufacture and sell roller skates locally. The management has asked various departments to supply relevant information for a capital budgeting analysis. The project would end in 4 years. An estimated 40 M Singapore dollars (SGD), which includes funds to support working capital, would be needed for the project. Given the existing spot rate of USD 0.40 per SGD, the USD amount of the parent’s initial investment is USD 16 M.

 

The estimated price & demand schedules during each of the next 4 years are shown below:

  Year 1 Year 2 Year 3 Year 4
Price / skate SGD 700 SGD 700 SGD 720 SGD 760
Demand  in Singapore 60,000 units 60,000 units 100,000 units 100,000 units

 

The variable costs (for materials, labour etc) per unit have been estimated and consolidated as shown below:

  Year 1 Year 2 Year 3 Year 4
Variable cost per skate SGD 400 SGD 400 SGD 500 SGD 520

The expense of leasing extra office space is SGD 2M per year. Other annual overhead expenses are expected to be SGD 2 M per year. The Singapore government will allow the company’s subsidiary to depreciate the cost of the plant and equipment at a maximum rate of SGD 4M per year, which is the rate the subsidiary will use.

 

The Singapore government will impose a 20% tax rate on income. In addition, it will impose a 10% withholding tax on any funds remitted by the subsidiary to the parent. The US government will allow tax credit on taxes paid in Singapore; therefore, earnings remitted to the US parent will not be taxed by the US government.

 

The subsidiary plans to send all net cash flows received, back to the parent firm at the end of each year. The Singapore government promises no restrictions on the cash flows to be sent back to the parent firm but imposes a 10% withholding tax on any funds sent to the parent, as mentioned earlier.

 

The Singapore government will pay the parent SGD 12 M to assume ownership of the subsidiary at the end of 4 years. Assume that there is no capital gains tax on the sale of the subsidiary. The spot exchange rate of SGD is USD 0.40. The company uses the spot rate as its best forecast of the exchange rate that will exist in future periods. Rolls and Skates, Inc requires a return of 15% on this project.

 

  • Determine the NPV of this project. Should the company accept this project?
  • In the above case, Rolls & Skates, Inc uses the SGD spot rate of USD 0.40 as a forecast for all future periods of concern. The company realizes that the exchange rate will typically change over time, but it does not know whether the SGD will strengthen or weaken in the future. Assume an optimistic scenario where the exchange rates become USD 0.44, USD 0.47, USD 0.51 and USD 0.55 per SGD.

Also assume a pessimistic scenario where the exchange rates become USD 0.37, USD 0.35, USD 0.30 and USD 0.27 per SGD.

Which of the two will be favourable to the parent company and why? Explain with the help of numerical.

 

 

 

St. Joseph’s College of Commerce M.Com. 2014 III Sem Global Resources And Legal Environment Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

End Semester Examinations – OCTOBER 2014

MIB – III SEMESTER

 GLOBAL RESOURCES AND LEGAL ENVIRONMENT

Duration: 3Hrs.                                                                                          Max. Marks: 100

Section – A

  1. Answer any SEVEN questions. Each carries 5 marks.                          (7×5=35)
  2. What is GI tag? What are its features and registration process? Give four examples of products with GI tag in India.
  3. Differentiate conventional and non-conventional energy sources with examples.
  4. What are cultural traits, complexes and patterns? Give examples of each.
  5. Explain exploitation of labour using two examples.
  6. Differentiate between TRIPS and TRIMS.
  7. Explain green marketing and green washing with examples.
  8. Differentiate between GATT and WTO.
  9. How is social forestry different from agro-forestry? Give examples.
  10. What are the types of regional trade agreements? Give four examples of such major agreements in the world.
  11. Discuss country risk analysis using the risk factors. What are the techniques used for analysis?

Section – B

  1. Answer any THREE questions. Each carries 15 marks.                    (3×15=45)
  2. Explain Instruments of Trade Policy and their objectives. Briefly explain the methods used by the Government of India towards protectionism.
  3. What are the different types of Letters of Credit? Briefly explain each type.
  4. What are the major functions and principles of the WTO? What are its merits and demerits?
  5. Discuss the pros and cons of globalisation in the context of Indian businesses.
  6. Explain the basic principles of international law. What is meant by“the void at the intersection of sovereign boundaries”?

 

 

(Contd. P 2)

 

 

Section –C

  1. Case Study –Compulsory question.                                (20 marks)
  2.                                    Green packaging

Growth opportunities lie ahead for companies that recognize that sustainability is not something to embrace simply because of regulatory demands, but also because of the sales benefits of differentiated packaging and the cool factor increasingly associated with green. Sustainable packaging is now a $27 billion market, and it is growing at a rate of nearly 4 percent annually across three market segments: reusables, recyclables and degradables. Key drivers for this trend can be broken down into five areas: halo effect, legal landscape, channel pressures, the all-natural revolution, and product innovation.

  • Halo Effect: Environmental consciousness is now mainstream, and that is being felt throughout the sustainable packaging sector. Consumers are expressing their green values through buying choices, marketers want to build a compelling brand story around sustainability, and companies in the supply chain are finding ways to increase earnings by being first to market with new materials and innovative designs.
  • Legal Landscape: Although polystyrene is still the primary choice for takeout boxes, many countries have already banned their use, and the EU has taken legislative steps to make corporations more responsible for their packaging waste, a move that could easily have an impact on global packaging industry.
  • Channel Pressures: A number of international airports have supplier mandates or on-site composting programs, and quick service restaurants, colleges, universities and sports arenas are also part of this trend.
  • All-Natural Revolution: Green products go together with sustainable packaging. Research forecasts a compound annual growth rate of nearly 13 percent between 2010 and 2015 for packaged organic foods, and about 28 percent between 2012 and 2017 for green cleaning supplies.
  • Product innovation: Companies that are choosing packaging innovations – such as the newest form of degradable moulded fibre  get the double win of making both a green statement and being cool.

Traditional recycling is likely to continue being the predominant material in the sustainable packaging arena in the near future. While degradable packaging is showing promise and innovation, that part of the market is inconsistent in widespread adoption and faces some short-term obstacles which needs to be removed.

 

Questions:

  1. What are the drivers of growth for awareness and popularity of green packaging?
  2. Justify the need for green packaging in India giving live examples of problems experienced by Bangaloreans nowadays.

(10+10)

 

St. Joseph’s College of Commerce M.Com. 2014 III Sem Foreign Exchange Management Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

End Semester Examinations – OCTOBER 2014

MIB –III semester

FOREIGN EXCHANGE MANAGEMENT

Duration: 3 Hrs                                                                                                                  Max. Marks: 100

SECTION – A

  • Answer any SEVEN Each carries 5 marks.                   (7 x 5  = 35)

 

  1. What are the features of a foreign exchange market?
  2. Write a note on Foreign Exchange Dealers Association of India (FEDAI).
  3. Explain BOP theory of exchange rate determination.
  4. Briefly explain the various techniques of forecasting.
  5. Suppose that the current spot exchange rate is €0.80/$ and the three-month forward exchange rate is €0.7813/$. The three-month interest rate is 5.6 percent per annum in the United States and 5.40 percent per annum in France. Assume that you can borrow up to $1,000,000 or €800,000.
  6. Show how to realize a certain profit via covered interest arbitrage, assuming that you want to realize profit in terms of U.S. dollars. Also determine the size of your arbitrage profit.
  7. Assume that you want to realize profit in terms of Euros. Show the covered arbitrage process and determine the arbitrage profit in Euros.
  8. Assume that locational arbitrage ensures that spot exchange rates are properly aligned. Also assume that you believe in purchasing power parity. The spot rate of the British pound is $1.80. The spot rate of the Swiss franc is 0.3 pounds. You expect that the one-year inflation rate is 7 percent in the U.K., 5 percent in Switzerland, and 1 percent in the U.S. The one-year interest rate is 6% in the U.K., 2% in Switzerland, and 4% in the U.S.   What is your expected spot rate of the Swiss franc in one year with respect to the U.S. dollar? Show your work.
  9. Explain the different forms of Natural hedges or Internal hedging strategies
  10. An Indian importer imports goods worth $62,500. He expects an appreciation of pound. So he goes for hedging the risk. The currency market has the following data:

(a) Spot rate on the date of the contract Rs. 68,00/£

(b) Three month forward rate Rs. 68.50/£

(c) Strike rate in a three-month call option Rs. 68.60/£ with 5% premium

(d) Strike rate in a three-month put option Rs. 68.80/£ with 5% premium

(e) Spot rate on the date of payment/maturity Rs. 68.90/£

Will he go for a hedge? If so, which of the options he will select?

  1. Write a note on interest rate caps and floors.
  2. Briefly explain currency swaps.

Section – B

  1. Answer any THREE questions. Each carries 15 marks.                       (3 x 15   = 45)
  2. You plan to visit Geneva, Switzerland in three months to attend an international business conference. You expect to incur the total cost of SF 5,000 for lodging, meals and transportation during your stay. As of today, the spot exchange rate is $0.60/SF and the three-month forward rate is $0.63/SF. You can buy the three-month call option on SF with the exercise rate of $0.64/SF for the premium of $0.05 per SF. Assume that your expected future spot exchange rate is the same as the forward rate. The three-month interest rate is 6 percent per annum in the United States and 4 percent per annum in Switzerland.

(a) Calculate your expected dollar cost of buying SF 5,000 if you choose to hedge via call option on SF.

(b) Calculate the future dollar cost of meeting this SF obligation if you decide to hedge using a forward contract.

(c) At what future spot exchange rate will you be indifferent between the forward and option market hedges?

(d) Illustrate the future dollar costs of meeting the SF payable against the future spot exchange rate under both the options and forward market hedges.

 

  1. Write a note on the following: Each carries 5 marks
  2. Interest rate collars
  3. Interest rate corridors
  4. Forward rate agreements (FRA’s)
  5. A) Explain the trading Process, Pricing and credit risk involved in currency futures market (7 Marks)
  6. B) Explain the broad features of currency options market and also elucidate on the various types of options and hedging in currency options market.                                                                                     (8 Marks)
  7. The one-year risk-free interest rate in Mexico is 10%. The one-year risk-free rate in the U.S. is 2%. Assume that interest rate parity exists. The spot rate of the Mexican peso is $.14.
  8. What is the forward rate premium?
  9. What is the one-year forward rate of the peso?
  10. Based on the international Fisher effect, what is the expected change in the spot rate over the next year?
  11. If the spot rate changes as expected according to the IFE, what will be the spot rate in one year?
  12. Compare your answers to (b) and (d) and explain the relationship.

 

  1. Boston Co. will receive 1 million Euros in one year from selling exports. It did not hedge this future transaction. Boston believes that the future value of the euro will be determined by purchasing power parity (PPP). It expects that inflation in countries using the euro will be 12% next year, while inflation in the U.S. will be 7% next year. Today the spot rate of the euro is $1.46, and the one-year forward rate is $1.50.

 

  1. Estimate the amount of U.S. dollars that Boston will receive in one year when converting its euro receivables into U.S. dollars.
  2. Today, the spot rate of the Hong Kong dollar is pegged at $.13. Boston believes that the Hong Kong dollar will remain pegged to the dollar for the next year. If Boston Co. decides to convert its 1 million Euros into Hong Kong dollars instead of U.S. dollars at the end of one year, estimate the amount of Hong Kong dollars that Boston will receive in one year when converting its euro receivables into Hong Kong dollars.

Section – C

  • Compulsory Case study.                                                          (1 x 20 = 20)

16.

  1. A Bank’s customer requests the bank to purchase a 30 days sight bill for Swiss Franc 5,00,000. USD/INR is quoted in the interbank market as follows:

USD/INR Spot – 42.2800/2875

1 Month – 1700/1750

2 Month – 3500/3550

3 Month – 5500/5550

The Swiss Franc is quoted in the Singapore market as follows:

USD/CHF Spot – 1.4250/4375

1 Month – 50/55

2 Month – 105/110

3 Month – 155/160

What rate will the bank quote to the customer given the following additional information?

  • Exchange margin 0.10%
  • Transit period is 20 Days
  • Rate of interest is 10% p.a.
  • Commission on export bill Rs. 500

What is the Rupee amount payable to the customer?                            (15 MARKS)

 

  1. b) If a bank in India gives a quotation for USD as follows TT rates for INR 100 is USD 12.65/12.75. What amount in Rupees will the bank recover from the customer to remit USD 25,000 to New York?                                                               (5 MARKS)

 

 

 

 

 

St. Joseph’s College of Commerce M.Com. 2014 III Sem Ethics For Business Decisions Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

End Semester Examinations – SEPT /OCT. 2014

MIB – III semester

ETHICS FOR BUSINESS DECISIONS 

Duration: 3 Hrs                                                                                           Max. Marks: 100

Section – A

 

  1. I) Answer any SEVEN Each carries 5 marks.                       (7 x 5 = 35)

 

  1. Discuss the ethical Code of Conduct expected from managers while performing their duties. Why is it mandatory for business act ethically?
  2. Briefly discuss the relevance of “Prisoner’s dilemma argument” and its implications in business.
  3. What precautionary tests are advised to be taken by a manager before making effective decisions?
  4. Comment on the general ethical issues encountered by marketing managers with suitable examples.
  5. What are the Ethical issues associated with pricing which demands regulations in pricing?
  6. Compare and contrast the three main kinds of arguments (Utilitarian, Rights and Justice) against racial and sexual job discrimination.
  7. What are the expected standards of ethical behaviour code, the financial management personnel should maintain while discharging their duties? What are the circumstances under which financial management indulge in fraudulent behaviour?
  8. Who is an Insider? What is meant by Insider Trading? Give a few examples of “unpublished price sensitive information.”
  9. In your judgment, what kinds of ethical guidelines should be recommended for attaining sustainable development of the environment?
  10. Enumerate the steps taken by SEBI for strengthening corporate governance in India.

Section – B

  1. II) Answer any THREE Each carries 15 marks.                        (3 x 15   = 45)

 

  1. Describe various dimensions of the concepts “Individualism and Collectivism” and its implications under business organizational environment.
  2. Critically evaluate producer’s duties to the consumer. In your judgment, which theory is more adequate? Explain.
  3. Elucidate the ethical issues companies make in relation with human resource management.
  4. Discuss the structure and functioning of Banking Ombudsman Scheme 2006. What are the benefits of the Banking Ombudsman Scheme.
  5. In view of the contractual agreement that every employee makes to be loyal to the employer, do you think that whistle blowing is ever morally justified? What is “Whistle Blower Protection” and how is it dealt with under India’s situation. Explain your answer with proper examples.

 

Section – C

 

III)    Compulsory Case study.                                                                               (1 x 20 = 20)

 

  1. Off your face on face book?

 

You are the personnel manager of AllCure Pharmaceuticals. It’s a busy time and the guys in the product approval department have called you up because they desperately need to hire a new team member to assist them with clinical tests of what could become the next block buster drug for the company. You get to work and within a week have actually managed to get three well qualified applicants for the job. The interviews went well and there are two really good applicants. Bothe are women, recent college graduates,  and you find it hard to decide among them.

The clinical trials that the new hire will work on are very important. They require a very reliable, meticulous work attitude, but also good social skills to manage the different relations between the  clinics, the approving authorities, and various departments in the company. A colleague suggests you check the two finalists out on Myspace, Facebook, or any other social networking site. Later at home you go on Facebook, and yes, one of them is there! Surfing through the posts and her photos you see a very sociable, obviously well travelled individual. The other candidate is a bit more difficult to locate. This is too bad, as she already has some work experience and is slightly better candidate of the two. Her details are available only to her friends, but browsing through her list of some 400 friends, you find that one of your current interns is actually on her list. Next morning you ask your intern, who it turns out briefly met this second candidate on a course they took  together at college years ago, whether you could have a look at the Facebook page of the second candidate. Doing so you make some interesting discoveries: not only do you find a number of photos of her at parties with precious few clothes on, but there are even two pictures where she enjoys what undoubtedly looks like a line of cocaine.

You thank your intern for her help and walk back to your office wondering what to do. You certainly do not want to hire someone who has this kind of reputation or where patients in trials or people from approving bodies say: “Heard about Dr. X.? You really have to see these pictures.”

 

Questions:

 

  1. What are the main ethical issues in this case?
  2. What are the main ethical arguments for and against the use of social network sites for potential employers in this situation?
  3. How would you finally decide as the personnel manager in this situation?

 

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End Semester Examinations – OCTOBER 2014

MIB – III semester

Ethics for Business Decisions   [Answer Key]

  1. Managers must observe the following ethical values while performing their duties:

Impartiality, Responsiveness to public interest, Accountability, Honesty, Transparency, Integrity. The reasons for an organization to be ethical include: To protect its own interest,

To protect the interests of the business community as a whole so that the public will have trust in it, To keep its commitment to society to act ethically, To meet stakeholder expectations, To prevent harm to the general public, To build trust with key stakeholder groups, To protect themselves from abuse from unethical employees and competitors, To protect their own reputations, To protect their own employees, and To create an environment in which workers can act in ways consistent with their values.

2.

  Prisoner B Cooperates with prisoner A

 

 Prisoner B does not Cooperates with prisoner A

 
Prisoner A cooperates with prisoner B

 

 A gets 1 year

B gets 1 year

 

 A gets 3 years

B goes free

 
Prisoner A  does not cooperates with prisoner B

 

 A goes free

B gets 3 years

 

 A gets 2 year

B gets 2 year

 

In real life individuals have to have an ongoing relationship with each other. If one takes advantage of the other in one interaction, the victim can retaliate by doing the same in the next interaction. This threat of future retaliation makes it more rational for the parties in a series of repeated exchanges to cooperate than to take advantage of the other.  Implications in business: Business interactions with employees, customers , suppliers and creditors are repetitive and on going. If business tries to take advantage of employees, customers , suppliers and creditors through unethical behavior today, the latter will find a way to retaliate.

  1. Relevant Information Test, Involvement Test, Consequentialist Test, Ethical Principles Test, Fairness Test, Universality Test.
  2. 1. Shady and aggressive tactics: Harms consumers. E.g., preserving fish, vegetables. 2. Unfair practices. 3. Out right deception and fraud. 4. Invasion of privacy issues. 5. Price fixing:

An agreement among firms to set their prices at artificially high levels (happens under oligopoly market). 6. Manipulation of supply. 7. Exclusive dealing arrangements. 8. Tying arrangements. 9. Retail price maintenance agreements. 10 Price discrimination.

 

  1. 1. Deceptive pricing: A. Bait and Switch pricing, B. Inflated Price. 2. Unfair Pricing:Uses pricing practices to drive competitors out of business. A. Predatory Pricing: 3.  Price Discrimination, 4.  price Fixing; It is an agreement among firms in an industry to set prices at certain levels. The Sherman Act prohibits it because such actions restrict price competition. Two types of price fixing are: A. Horizontal price Fixing: B.  Vertical Price Fixing.
  2. Utility: discrimination leads to inefficient use of human resources. Rights: discrimination violates basic human rights. Justice: discrimination results in unjust distributions of benefits and burdens.
  3. Ethical behaviour code: 1. Competence in Performing their professional duties, 2. Refrain from disclosing confidential information, 3. Integrity, 4. Objectivity. Circumstances: Unjustifiably aggressive financial Targets, Domination by person or group without controls, Aggressive accounting practice to keep stock prices high, Pressure to reduce tax liabilities, Major performance related compensation, Non-Financial personnel involved in accounting matters.
  4. Insider: Person who is/was connected with the company or is deemed to have been connected with the company and is reasonably expected to have access, by virtue of such connection, to unpublished price sensitive information in respect of securities of the company, or who has received or has had access to such unpublished price sensitive information. Insider trading: Trading of a corporation`s stock or other securities (e.g. bonds or stock options) by individuals with potential access to non-public information about the company. Unpublished price sensitive information: i. Financial results of the company, ii. Intended declaration of dividends, iii. Issue of shares by way of public rights, bonus, etc,  iv. Any major expansion plans or execution of new projects,  v. Amalgamation, mergers and takeovers, vi. Disposal of the whole/ substantial of the undertaking.
  5. i. Harvest rates should not exceed the reproduction rates, ii.The wastages have to be recycled, iii. Environmental governance should be a commitment to all organizations, iv. Too much consumerism has to be controlled by persuasion and ethical education, v. Efforts should be made to promote bio-diversity, vi. There should be the promotion of non-consumption values such as aesthetic , cultural , tourist and future.
  6. i. Strengthening of disclosure norms for Initial Public Offers, ii. Providing of information in director’s report for utilization of funds and variation between projected and actual use of funds, iii. Declaration of quarterly results, iv. Mandatory appointment of compliance officer for monitoring the share transfer process and ensuring compliance with various rules and regulations,  v.Timely disclosure of price sensitive information.
  7. Individualism is defined as an assessment of the emotional independence and autonomy of the person. It relates to an individual’s self-image or self-esteem. The foundation of individualism lies in one’s moral right to pursue one’s own happiness,initiative, and self-responsibility, personal sense of accomplishment.

Collectivism: Means greater emphasis on the views, needs, and goals of the in-group (A group whose norms, goals, and values shape the behavior / attitude of its members). Great readiness to cooperate with in-group members. Collectivism stresses human interdependence, focus on community and society, and seek to give priority to group goals over individual goals.

Individualism and collectivism: Individualism allows employees to directly engage corporate management and negotiate wages, salaries and benefits. Collectivism: Under the collectivism concept, individuals choose to benefit from the collective bargaining power of a union.

Horizontal Individualism: I’d rather depend on myself than others. Vertical Individualism: Competition is the law of nature. Horizontal Collectivism: The well-being of my coworkers is important to me. Vertical Collectivism: It is my duty to take care of my family, even when I have to sacrifice what I want.

 

  1. 1. Contract View of Business Firms Duty to Customers: Relationship between a business firm and its customers is essentially a contractual relationship. When a consumer buys a product, the consumer voluntarily enters into a sales contract with the firm. Contractual theory of business firms’ duties to consumers claims that a business has four main moral duties: Basic duty: i. complying with the terms of sales contract, Secondary duties: ii. Disclosing the nature of the product, iii. Avoiding misrepresentation, and vi. Avoiding the use of duress and undue influence.  2. The Due care Theory: Manufacturer has a duty to exercise due care to prevent others from being injured. Due care must enter into: The design of the product, The choice of reliable materials for the constructing the product, The manufacturing process involved in putting the product together, The quality control used to test and monitor production, The warnings, Labels, instructions attached to the product. 3. The Social Cost View of the Manufacturer’s Duties: A legal doctrine that holds that manufacturers must bear the cost of injuries resulting from product s regardless of fault.
  2. 1. Discrimination issues: Age, Gender, Race, Religion, Disabilities, Weight, Attractiveness
  3. Suppression of Democratization in the Work Place: Suppression of democratic rights of employees, Suppression of employees rights of representation of employees in bodies that would promote their collective interests, Tempting and bribing pliable union leaders, Union busting, Strike breaking. 3. Privacy issues : protecting a person’s private life from intrusive and unwarranted action by others (employers), Work place surveillance on viewing through CCTVs, tapping phones, reading computer files, Some contentious areas are: drug testing, aids testing, so on. 4. Recruitment and selection: Information about past employer, Seeking financial status, caste and family matters, Unwanted personal details. 5. Performance tracking, 6. Privacy issues of computerized employee records, 7. Electronic surveillance, 8. Safety and health, 9. Performance appraisals
  4. RBI facilitated the formulation of Fair Practices Code for Lenders and Codes of Conduct. RBI prescribed: proper disclosures by banks, simplified procedures to facilitate expeditious and hassle free settlement of claims of deceased depositors, Customers’ Service Committee of the Board to bring about ongoing improvement in the quality of customer service rendered, hassle free settlement of claims of deceased depositors. RBI facilitated the formulation of Banking Code and Standards Board of India, to place all the awards passed by the Banking Ombudsman before the Customer Service Committee. Legal Basis: Notified in terms of Sec 35A of Banking Regulation Act 1949. Purpose of the Scheme: Expeditious and inexpensive redressal of customer complaints, Deficiency in banking services, deficiency in sanctioning of loans and advances, Other specified matters. Vision: To provide an inexpensive, transparent and credible mechanism ensuring fair treatment of the common person utilizing Banking services

Goals: To ensure customer facilitation and protection through redressal of grievances of users of banking services in an inexpensive, expeditious, fair, reasonable and hassle free manner that will provide impetus for improved customer service on a continuous basis, Provide feedback for framing appropriate and timely guidelines, Enhance awareness of the scheme itself

Benefits: Prompt and impartial resolution of complaints, No cost to the customer, Assessment based on overall fairness, good business practices, accepted banking law and practice.

  1. A whistleblower is a person who exposes misconduct, alleged dishonest or illegal activity occurring in an organization. The ethics of whistle blowing: 1. From the people’s point of view: i. need for truth, ii. The trust factor, iii. Better relation between the general public and  company.    2. From the company’s point of view: i. Accuses whistle blowers of breaching the confidentiality agreement, ii. view whistle blowing as an act towards money and fame.
  2. From the whistle blower’s point of view: Caught up between integrity, commitment and truth. Consequences of blowing the “whistle” is pretty immense and heavy. “Whistleblower protection”refers to laws and regulation that offers protection who exposes wrongdoing and dishonest activities.  The wrongdoing may take the form of fraud, corruption or mismanagement. Also, it offers punishment against false or frivolous complaints.  Indian situation: It was passed by the Lok Sabha on 27th December, 2011 and by Rajya Sabha  on  21st February, 2014 and is still waiting president’s assent.

 

 

 

St. Joseph’s College of Commerce M.Com. 2014 III Sem Advanced Computer Applications For Business Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXMAINATION – OCTOBER 2014

 MIB – III SEMESTER

ADVANCED COMPUTER APPLICATIONS FOR BUSINESS

TIME: 3 Hours                                                                                         Max. Marks: 100
Section – A

  1. Answer any SEVEN Each carries 5 marks.                     (7 x 5  = 35)

 

  1. What do you mean by EDP and explain its advantages?
  2. Explain the different Approaches of Information System Audit taking company as a case?
  3. Decode: HTML, SGML, XML, VOIP, ERP with proper examples and its usability in real time?
  4. What is a System? Explain the Characteristics and elements of the system?
  5. Enumerate the steps involved in Information System Development?
  6. Differentiate between SPSS and Excel? What is the role of SPSS in the real time applications?
  7. What do you mean by Web Publishing and Write in the advantages?
  8. SAD or SAP how can you differentiate with the two. Explain their usability when working on different applications?
  9. Differentiate between IS Vs IT and how can they both inter-relate with each other?
  10. OAS or EDI? Which can benefit the company when you are transferring the messages from one place to the other and write in the advantages?

 

Section – B

  1. Answer any THREE Each carries 15 marks.               (3 x 15   = 45)

11) What do you mean by SDLC? Explain the steps involved in the same taking the company as a case?

12) Explain in brief the classification of Information System and its importance by giving real-time examples?

13) What do you mean Digital Watermarking? Explain in the same different features of Watermarking and its applications in real-time scenario?

14) What are the steps in Data Processing? And how can be it involved in data processing operations?

15) What are the Objectives of IS Audit? Explain in detail the relevant roles at each stage by taking company as a case?

 

 

Section – C

  • Compulsory Case study                                                                          (20 marks)

16.

Panasonic Information Systems, the systems division of Japan’s giant Panasonic group, was challenged with building an IT infrastructure capable of meeting increasing business demands. HP 3PAR Utility Storage formed an important part of the backbone systems that not only provide on-demand response to business demands but also support the company’s new Nextructure cloud services. Panasonic Information Systems (Panasonic IS),

the systems division of Panasonic, offered a next generation IT infrastructure solution known as Nextructure.“As the systems division at Panasonic, we were involved with development and operations focusing primarily on backbone systems, and then we became independent,” says Hisashi  Kurono, Managing Director and CIO at Panasonic IS. “We had gained a lot of experience facing the whirlwind of rapid advancement seen with open architecture right before and after our establishment. Nextructure is a systemized IT infrastructure solution made possible by the cultivation of know-how spanning over 50 years. It brings together construction and operating processes based on practical experience, technology that has been proven in the field, and products selected with the user in mind. We took advantage of our construction and operating know-how to implement virtual storage and server systems across the board for our cloud-based service infrastructure here at Panasonic IS.” Technology that virtualizes CPU, memory, and storage resources has finally become widespread in recent years, even among open systems. However, it was in 2004 that Panasonic IS implemented virtualization within the Panasonic backbone system, while consideration of the move actually began in 2002.

 

When Panasonic decided to implement virtualization within its backbone system, this was driven in particular by the quick advancement of open architecture, which brought about a complication of systems and  the so-called silo effect. Executive officer Keisuke Tanaka recalls the situation at that time: “At the initiative of the application development team, individual systems were being implemented one after another resulting in a rapid increase in the load on systems operations. We had to approach operations using separate methods for each respective system. The increase in operational costs became an issue, and we also faced various system troubles. It was at this point that we began working on a drastic redesign aiming to increase the operational quality of open systems and reduce costs.” Panasonic IS decided upon the strategy of separating the application from the execution infrastructure, allowing integration of systems operations at the infrastructure level, rather than approaching them at the application level as was done previously.

 

“When deciding upon server and storage systems, our focus was really on how we could reduce operational load, which had been nearing its limits, while still maintaining service quality on a par with that of a mainframe,” explains Tanaka.

 

Questions:

  1. a) What are the steps can Panasonic take to meet the business demands and the challenges to meet at achieving convergence?
  2. b) Define Virtualization and its Usability and the advantages where the company can benefit?                                     (10+10)

 

 

St. Joseph’s College of Commerce M.Com. 2014 I Sem Management Concepts And Organisational Behaviour Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

                          End Semester Examinations – OCTOBER 2014

                                                              MIB – i semester

            MANAGEMENT CONCEPTS AND ORGANISATIONAL BEHAVIOUR

Duration: 3 Hrs                                                                                           Max. Marks: 100

 

Section – A

  1. Answer any SEVEN   Each carries 5 marks.                    (7 x 5  = 35)

 

  1. Elucidate the different human reactions to organizational changes.
  2. Explain and illustrate some external factors which affect perceptual selectivity.
  3. What are the dysfunctional aspects of a cohesive group? Explain the concept of ‘groupthink’
  4. How do you relate Pavlov’s experiment in ‘Classical Conditioning’ to          human behavior?  Give  examples as to how a known stimuli results in known   responses.
  5. Enumerate the various sources of power in an organization.
  6. Name four different schedules of reinforcement. Describe how each may be used for organizations.
  7. Distinguish between satisfiers and dissatisfies, as per Hertzberg’s Motivation- Hygiene theory.
  8. How is Organisational Cuture passed on to a new cohort of employees? What are its main elements?
  9. Critically examine the ‘Trait theories” of leadership.
  10. What are the various stages of group formation?

 

Section – B

  1. Answer any THREE Each carries 15 mark                  (3 x 15   = 45)
  2. Distinguish between Id, Ego and Super ego in the context of Sigmund Freud’s Psychoanalytical Theory.

 

  1. Trace the evolution of modern Organizational Behaviour.

 

  1. How does intergroup conflict arise? What are its consequences? How would you prevent such conflicts?

 

  1. Indicate how management can successfully motivate people taking cues from Vroom’s Expectancy model. How does this theory differ from Porter and Lawler’s model?

 

  1. Discuss
  2. a) Hersey-Blanchard Situational Model and
  3. b) Fiedler’s Contingency Model

 

Section – C

 

  • Compulsory Case study.                                                                         (1 x 20= 20)
  1. In ten years, Plant World had grown from a one-person venture into the largest nursery and landscaping business in its area. Its founder, Myta Ong, combined a lifelong interest in plants with a botany degree to provide a unique customer service. Ong had managed the company’s growth so that even with twenty full-time employees working in six to eight crews, the organization culture was still as open, friendly, and personal as it had been when her only “employees” were friends who would volunteer to help her move a heavy tree.

    To maintain that atmosphere, Ong involved herself increasingly with people and less with plants as the company grew. With hundreds of customers and scores of jobs at any one time, she could no longer say without hesitation whether she had a dozen arborvitae bushes in stock or when Mrs. Carnack’s estate would need a new load of bark mulch. But she knew when Rose had been up all night with her baby, when Gary was likely to be late because he had driven to see his sick father over the weekend, and how to deal with Ellen when she was depressed because of her boyfriend’s behavior. She kept track of the birthdays of every employee and even those of their children. She was up every morning by five-thirty arranging schedules so that John could get his son out of daycare at four o’clock and Martina could be back in town for her afternoon high school equivalency classes.

    Paying all this attention to employees may have led Ong to make a single bad business decision that almost destroyed the company. She provided extensive landscaping to a new mall on credit, and when the mall never opened and its owners went bankrupt, Plant World found itself in deep trouble. The company had virtually no cash and had to pay off the bills for the mall plants, most of which were not even salvageable.

    One Friday, Ong called a meeting with her employees and leveled with them: either they would not get paid for a month or Plant World would fold. The news hit the employees hard. Many counted on the Friday paycheck to buy groceries for the week. The local unemployment rate was low, however, and they knew they could find other jobs.

    But as they looked around, they wondered whether they could ever find this kind of job. Sure, the pay was not the greatest, but the tears in the eyes of some workers were not over pay or personal hardship; they were for Ong, her dream, and her difficulties. They never thought of her as the boss or called her anything but “Myta.” And leaving the group would not be just a matter of saying good-bye to fellow employees. If Bernice left, the company softball team would lose its best pitcher, and the Sunday game was the height of everyone’s week. Where else would they find people who spent much of the weekend working on the best puns with which to assail one another on Monday morning? At how many offices would everyone show up twenty minutes before starting time just to catch up with friends on other crews? What other boss would really understand when you simply said, “I don’t have a doctor’s appointment, I just need the afternoon off”?

    Ong gave her employees the weekend to think over their decision: whether to take their pay and look for another job or to dig into their savings and go on working. Knowing it would be hard for them to quit, she told them they did not have to face her on Monday; if they did not show up, she would send them their checks. But when she arrived at seven-forty Monday morning, she found the entire group already there, ready to work even harder to pull the company through. They were even trying to top one another with puns about being “mall-contents.” 

     Questions:

  2. How would you describe the organization culture at Plant World? (10 marks)
  3. How large can such a company get before it needs to change its culture and                    structure?                                                                                                      (10 marks)

 

 

 

 

 

St. Joseph’s College of Commerce M.Com. 2014 I Sem Mathematics And Statistics For Managers Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

End Semester Examinations – OCTOBER 2014

M.I.B. – i semester

MATHEMATICS AND STATISTICS FOR MANAGERS

 

Duration: 3 Hours                                                                                           Max. Marks: 100

Section – A

  1. Answer any SEVEN questions. Each carries 5 marks.                                       (7 x 5 = 35)
  2. Motors has a weekly profit in Rupees of P(x) = -0.005x³ -0.3x² +900x – 1500 and currently 40 cars are sold per week. What is the profit be if they sell 40  cars? What is the marginal  profit if 40 cars are sold?
  3. Mention the steps to calculate multiple regression or multiple correlation by using Excel.
  4. Calculate median and mode :
X 1 2 3 4 5 6
f 10 12 16 15 2 1

 

  1. Find mode and standard deviation of the following: 4, 9,4,3,10,3, 6,9,4,4
  2. The regression coefficients are: bxy = – 0.8 and byx = – 0.7. Calculate the following: a) Correlation Coefficient b) Variation due to other reasons(residuals)(Coefficient of non-determination).
  3. The number of accidents in a year attributed to taxi-drivers in a city follows Poisson distribution with mean 3. Out of 1,000 taxi drivers, find the number of drivers with no accident in a year.

 

  1. In drawing 1 card from a deck of 52 cards, find the probability that a single draw will be either a face card or a spade card.

 

  1. The revival of the M’s Indian economy depends on increase in the world crude oil production and the fall of South East Asian economy excluding India. The probability of increase in oil production is 0.6 and the probability of the fall of the South East Asian Economy excluding India is 0.3. What is the probability of the revival of  M’s Indian  economy?

 

  1. Give reasons for the statements given below:
  2. Standard deviation can not be negative.
  3. If bxy and byx are negative correlation co-efficient is

 

  1. A fort had provisions for 300 men for 90 days. After 20 days, 50 more men came to the fort. How long will the remaining food last at the same rate?

 

Section – B

  1. II) Answer any three Each carries 15 marks.                         (3 x 15 = 45)

11(a) The electronic fly over is currently charging Rs.30 one way per day. The average number of cars travelling per day is 20,000. The contractor concludes that by increasing toll from Rs.30 to Rs.35 the reduction in number of cars is 800. What toll has to be charged to maximize the revenue?

(b) An apartment complex has 250 apartments to rent. If they rent x apartments then their monthly profit, in dollars, is given by, P(x) = – 8x² + 3,200x – 80,000. How many apartments should they rent in order to maximize their profit?

  1. Calculate correlation coefficient between two markets’ share prices prevailing over 7 days from the following data:

Days           :  1    2      3     4     5     6      7

Market A   : 20   22   22   24   26   26    25

Market B   : 20   19    20   21   25   24   24

 

13 (a) A man can complete his work in 24 days by working 5 hours a day. How many days will he take to complete the same work; working 8 hours a day?

  1. b) Cost of 6 identical articles is Rs.(2x+3) and the cost of 10 similar articles is Rs. (4x-5). Find the value of x.
  2. Six men can do a certain piece of work in (5x+6) days and 11 men can do the same work in 3x days. Find the value of x.

14 (a) Vehicles pass through a junction on a busy road at an average rate of 300 per hour.

  1. Find the probability that none passes in a given minute.
  2. What is the expected number passing in two minutes?
  • Find the probability that this expected number actually pass through in a given two-minute period.
  1. b) A company makes electric motors. The probability an electric motor is defective is 0.01. What is the probability that a sample of 300 electric motors will contain exactly 5 defective motors?
  2. Calculate Fisher’s index and the % of inflation from the following information.
Base Year Current year
Price Quantity Price Quantity
40

50

35

20

 5

8

3

2

 

 45

52

40

18

 6

8

4

2

 

Section – C

III) Compulsory question.                                                                                  (1 x 20 = 20)

  1. Interpret the results “highlighted in dark letter” obtained from four PG subjects of 28 students’ internal marks of MIB students (Batch: 2014-15) by using statistical package.
 

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.806922108
R Square 0.651123289
Adjusted R Square 0.441797262
Standard Error 1.294066541
Observations 9
ANOVA
                                               df SS MS F Significance F
Regression 3 15.62695894 5.208986 3.11057 0.126752393
Residual 5 8.373041063 1.674608
Total 8 24      
  Coefficients Standard Error t Stat P-value Upper 95.0%
Intercept 3.910934467 1.069707213 3.656079 0.014655 6.660704
X Variable 1 -0.09064735 0.053720666 -1.68738 0.152335 0.047446
X Variable 2 -0.00614618 0.008670235 -0.70888 0.510071 0.016141
X Variable 3 0.000449966 0.000240479 1.871127 0.120239 0.001068
RESIDUAL OUTPUT
Observation Predicted Y Residuals
1 2.040913567 -0.040913567
2 2.684068942 0.315931058
3 4.613398238 -0.613398238
4 5.008443849 -0.008443849
5 5.966746968 0.033253032
6 6.154403199 0.845596801
7 4.907444762 -1.907444762
8 4.173244289 1.826755711
9 3.451336185 -0.451336185

 

            

St. Joseph’s College of Commerce M.Com. 2014 I Sem International Business Environment Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

End Semester Examinations – SEPT / OCT 2014

MIB – i semester

 INTERNATIONAL BUSINESS ENVIRONMENT

Duration: 3 Hours                                                                                                                Max. Marks: 100

Section – A

  1. Answer any SEVEN questions. Each carries 5 marks.                                  (7 x 5 = 35)

 

  1. Governments create the rules and frameworks in which businesses are able to compete against each other. From time to time the government will change these rules     and frameworks forcing businesses to change the way they operate. How are       international businesses affected by government policies?
  2. Today most International organizations are using “WTO”- widely to administer the legislative support and progress with customers in a more efficient manner. What are the             main roles and functions that need to be considered when      inflowing to the          overseas markets in relation to WTO?
  3. “Franchising is one of the best options to expand business operations internationally.” Critically analyze this statement.
  4. “What is Foreign Trade Policy?” Explain why Foreign Trade Policy should be done?
  5. Analyze recent trends in global trade and foreign investment with special reference to FDI in retail sector in India.
  6. Make a sketch of competitive advantage. Explain how they give a Competitive advantage in International market with relevant examples.
  7. An Indian company marketing coffee has identified that coffee is most often consumed in the mornings. However, they would like to change this and make the drink acceptable during other time periods during the day. Which form of segmentation         would they need to work with and establish a strategy reflective of their desires? And         also advise them for various drivers of International Business when entering to         the       overseas markets.

 

  1. Using an appropriate example, explain how Mixed Economy is important in building     economic development.
  2. The Impact of Technological Changes in the international business has tremendous          Progress. How do various dimensions of technology transfer affect the global business?
  3. Write short Notes on the following:

(a) Totalitarianism

(b) SWIFT

Section – B

  1. Answer any THREE questions. Each carries 15 marks.                                                 (3 x 15   = 45)
  2. You have been appointed as the Manager, International Marketing, of a newly established export company. You are advised to brief the management about ‘the    concept of political risk as a marketing function’. Your answer should discuss the risks based on the International marketing political environment.

 

  1. Culture is an integral part of understanding different countries. In fact, your company is interested in importing Australian seafood to the United States, as part of the initial analysis. Identify the components of culture and provide a brief         description of the same.

 

  1. You are the Senior Manager (Operations) of Innova Exports Ltd. The Board of directors desires to know the International marketing strategies of product life cycle             with your business. Sketch a note for consideration of the Board of directors.

 

  1. Presume that you are the idea manager of a large domestic operating in India. The company intends to introduce new cologne to the International market and wants            to explore potential avenues for their products. For this purpose you are required to spot   various modes of entry level for Global Business.

 

  1. How does corporate social responsibility contribute towards international business? Take any one Indian corporate as case and Comment.

Section – C

  • Compulsory Case study.                                                               (1 x 20 = 20)

 

  1. Globalization and the increased global competition has brought in its wake make up this caselet. The measures taken by WTO member-countries to protect their domestic            industries from global competition forms part of the caselet, which also focuses on the   legitimization of anti-dumping duties and excessive protectionism. It points to the       growing number of anti-dumping cases and its impact on the global economy. Prior to       globalization, when tariffs and other trade barriers were high, domestic industries were             naturally protected from global competition.

Though there was a surge in international marketing in the early 20th century, local    industries did not have to worry about global competition as they were protected. However, successive rounds of trade liberalization under the General Agreement on      Tariffs and Trade (GATT) during the Uruguay Round resulted in trade liberalization          and reduced tariff and non-tariff barriers.

            Questions:

  1. The increase in the number of anti-dumping complaints does not augur well for the global business. Comment.
  2. How far are anti-dumping measures effective in protecting the domestic markets from international competition?
  3. Do you think “Globalization’’ increases poverty and inequality? Justify your answer.
  4. Globalization is good in actual fact but only its implementation that evokes concern. Discuss the type of contribution required from developed nations to integrate low-   income nations into the global economy. Suggest some measures that can reduce      poverty in developing countries.

 

 

St. Joseph’s College of Commerce M.Com. 2014 I Sem Economics For Managers Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

End Semester Examinations – OCTOBER 2014

M.I.B. – i semester

 ECONOMICS FOR MANAGERS

 

Duration: 3 Hrs                                                                                          Max. Marks: 100

 

Section – A

 

  1. Answer any SEVEN out of 10 questions. Each carries 5 marks.   (7 x 5  = 35)

 

  1. State the problem of choice in economics.
  2. Give the meaning of equi marginal utility.
  3. Mention any two managerial economic variables and its use to a firm.
  4. What is the difference e between Risks and uncertainties?
  5. Mention any two statistical techniques that help in making managerial decisions.
  6. What is the difference between substitutes and complementary goods?
  7. What is meant by unitary elastic?
  8. What are isoquants?
  9. State any two Qualitative methods used in demand forecasting.
  10. What ids discriminating monopoly?

 

Section – B

  1. Answer any THREE out of 5 questions. Each carries 15 marks.  (3 x 15   = 45)

11) Explain Production possibility analysis with the help of a graph. What happens when the economy is functioning at a point inside the production possibility curve?

 

12) Explain Cobb-Douglas production function. How is it different from CES ?

 

13) What are the various Economies of scale? When do they become diseconomies?

 

14) Discuss the various demand forecasting methods and their importance in firm level decision making.

 

  • Diagrammatically show the pricing-output decisions for a firm under monopolistic market.

 

 

Section – C

 

  • Compulsory Case study.                                                                     (1 x 20 = 20)

Shahnaz Husain is acknowledged as one of the most successful women entrepreneurs in India.

Her company, Shahnaz Husain Herbals, is one of the leading manufacturers of herbal products in the world. The company sells over 350 herbal products and operates over 200 salons in more than 130 countries. The brand, ‘Shahnaz Husain’, was valued at over $100 million in 1996 and now it is likely to be worth much more.

Shahnaz Husain group of Companies was started in 1970 in New Delhi with a capital investment of Rs.35,000 as a parlour offering anti ageing treatment and ayurvedic care and today it has become one of the leading brand in beauty care ,having 400 chains of Ayurvedic treatment centres and over 350 products Worldwide. ‘Shahnaz Husain’ brand diversified its business. The company was able to grow systematically and currently operates three major complementary businesses,   namely Herbal products available in all leading stores around the world like Harrods (London), Bloomingdale (New Yory) and Galleries Lafayette (Paris). Recently, the company has decided to launch four skin care products in partnership with Elder Pharma and the third is the diversification into Beauty Salons and at present the Company has more than 200 beauty centres. But today, after being synonymous with beauty care for four decades, Husain’s business is showing signs of graying and she is aging too. Firms like ‘Himalaya’ Clarins, The Body Shop and L’Oreal are taking away the attention of the younger generation and have been able to move quickly and capture the ‘mass’ market.

Questions:

  1. Examine the objectives of the firm in the light of its beginning. Also analyse what triggered the alternative objectives for the firm during it journey?
  • Examine the Profit maximization versus sales maximization objectives of her firm.
  1. What other alternative objectives can she define for the firm ? Give reasons.

 

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M.I.B. – i semester

 Economics for Managers

ANSWER KEY

Scheme of valuation

  1. choice in economics robins- unlimited wants, limited resources so problem of choice
  2. equi marginal utility equalizing utilities with price and finally with utility of money

3 revenue, cost

  1. Risks and uncertainties -possibility of loss, indefinite, indeterminate
  2. two statistical techniques – correlation regression
  3. substitutes- satisfies same want competitive and complementary – used together
  4. unitary elastic % change in price = percentage change in quality
  5. isoquants- different combinations of K and L that produce a certain amount of a good or service.
  6. Qualitative methods used in demand forecasting based on judgments, opinions, intuition, emotions, or personal experiences
  7. discriminating monopoly- charges different prices in different markets

 

Section – B

  1. Answer any THREE out of 5 questions. Each carries 15 marks.                                                                                                       (3 x 15   = 45)

11) curve depicting all maximum output possibilities for two or more goods given a set of inputs (resources, labor, etc. in efficient

 

12) Cobb-Douglas- technological relationship between the amounts of two or more inputs, particularly physical capital and labor, and the amount of output  CES constant elasticity of substitution describing production, usually at a macroeconomic level, with two inputs which are usually capital and labor.

 

13) Economies of scale- process of expansion, the producer may benefit from the emergence of economies of scale, when input output relationship is at the optimum

 

14) demand forecasting methods –  quantitative qualititative and importance -decision making- determine the quantities that should be purchased, produced, and shipped.

  1. pricing-output decisions for a firm under monopolistic market.

 

St. Joseph’s College of Commerce M.Com. 2014 I Sem Accounting For Decision Making Question Paper PDF Download

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St. Joseph’s College of Commerce (Autonomous)

End Semester Examination – October 2014

MIB – I Semester

ACCOUNTING FOR DECISION MAKING

 

Duration: 3 hrs                                                                                            Max. Marks: 100

Section – A

  1. Answer any SEVEN questions. Each carries 5 marks.                      (7 x 5 = 35)

 

  1. From the following Balance Sheet of a Company, calculate the following ratio’s.
  • Current Ratio (2) Liquid Ratio

(3)  Inventory Turnover Ratio

 

Liabilities   Assets  
Share Capital 2,00,000 Goodwill 1,20,000
Reserves and Surplus 58,000 Plant and Machinery 1,50,000
Debentures 1,00,000 Stock 80,000
Creditors 40,000 Debtors 45,000
Bills payable 20,000 Cash 17,000
Other current liabilities 2,000 Miscellaneous Current Assets 8,000
  4,20,000   4,20,000

Additional Information:

  • Credit Sales for the year = Rs.4,00,000
  • Gross Profit = Rs.1,60,000

 

  1. The following information at 50% capacity is given. Prepare a flexible budget and forecast the profit or loss at 60% capacity. Sales at 60% capacity =11,00,000.
Particulars Expenses at 50% capacity (Rs.)
Fixed expenses:  
Salaries 50,000
Rent & Taxes 40,000
Depreciation 60,000
Administrative Expenses 70,000
Variable Expenses:  
Materials 2,00,000
Labour 2,50,000
Others 40,000
Semi Variable Expenses:  
Repairs 1,00,000
Indirect Labour 1,50,000
Others 90,000

Additional Information:

  1. Fixed expenses will remain fixed at all capacities
  2. Semi variable expenses will not change between 45% and 60% capacity.

 

  1. From the following information, calculate Funds From Operations

Profit and Loss Account

To Salaries 10,000 By Gross Profit 2,00,000
To Rent 3,000 By Profit on sale of machinery 5,000
To Commission 2,000 By Refund of tax 3,000
To Discount allowed 1,000 By Dividend received 2,000
To Provision for Dep 14,000    
To Transfer to Gen Res 20,000    
To Provision  for tax 10,000    
To Loss on sale of investments 5,000    
To Discount on issue of Debentures 2,000    
To Preliminary Expenses 3,000    
To Selling Expenses 20,000    
To Net Profit 1,20,000    
  2,10,000   2,10,000

 

  1. Calculate the trend percentages from the following figures of X Ltd., taking 2009 as the base year and interpret the result.
Year Sales Stock Profit Before Tax
2009 1,881 709 321
2010 2,340 781 435
2011 2,655 816 458
2012 3,021 944 527
2013 3,768 1,154 672

 

  1. Following are the receipts and issues of a raw material in Jatram Ltd., during May 2013.
1st May Opening balance 200 units worth Rs.7,000
3rd May Purchased 300 units at Rs.40 per unit
13th May Purchased 900 units at Rs.43 per unit
23rd May Purchased 600 units at Rs.38 per unit
5th May Issued 400 units
15th May Issued 600 units
25th May Issued 600 units

 

You are required to record the above transactions in Stores Ledger pricing the issues under Weighted Average Method.

 

  1. Explain “Depreciation”, and its causes in the books of account. Explain Fixed and Reducing balance method of depreciation using your own examples.

 

 

 

  1. Prepare daily Balance Sheet of Mr. X
1st April Commenced business with cash Rs.50,000/- Plant and Machinery Rs.1,00,000, Furniture Rs.20,000,Stock Rs.60,000 and Bank loan Rs.70,000
2nd April Sold goods costing Rs.10,000 at a profit of 15% on 3 months credit to Mr. Y
5th April Paid Rent Rs.5,000 and bought goods from Mr. Z worth Rs.10,000, receiving a trade discount @ 5%
10th April Incomes received in advance Rs.2000 and Prepaid expense Rs.1000
15th April Outstanding expenses Rs.10,000 and incomes due to be received Rs.2000

 

  1. From the following trial balance of Hariprasad of Bombay (containing errors), prepare a correct trial balance.
  Dr. Cr.
Purchases 60,000 –
Reserve Fund 20,000 –
Sales – 1,00,000
Purchases Returns 1,000 –
Sales Returns – 2,000
Opening Stock 30,000 –
Closing Stock – 40,000
Expenses – 20,000
O/s Expenses 2,000 –
Bank Balances 5,000 –
Assets 50,000 –
Debtors – 80,000
Creditors – 30,000
Capital 94,000 –
Suspense account being difference in books 10,000 –
  2,72,000 2,72,000

 

  1. Briefly explain the following concepts:
  • Variance Analysis
  • ABC Costing

 

  1. Find out the break – even point from the following:
  • Fixed cost Rs.40,000, variable cost Rs.2 per unit, selling price Rs.10 per unit.
  • It has been found that Rs. 80,000 will be the likely sales turnover for the next budget period. The Cost and Selling price will remain the same. Calculate the estimated contribution.
  • A profit target of Rs.30,000 has been budgeted. Calculate the turnover required.

 

 

 

 

Section – B

 

  1. II) Answer THREE questions. Each carries 15 marks:                                 (3 x 15 = 45)

 

  1. From the following Balance Sheets of A Ltd., prepare:
  • Statement of Changes in the Working Capital: and
  • Funds Flow Statement

 

Liabilities 31.3.2012 31.3.2013 Assets 31.3.2012 31.3.2013
Equity Share Capital 6,00,000 8,00,000 Land and Buildings 1,80,000 2,20,000
Profit & Loss A/c 1,00,000 1,60,000 Plant and Machinery 5,00,000 8,00,000
General Reserve 50,000 70,000 Stock 1,00,000 85,000
Provision for Taxation 50,000 40,000 Bills Receivable 50,000 30,000
Sundry Creditors 1,10,000 1,30,000 Debtors 1,50,000 1,60,000
Bills Payable 80,000 90,000 Cash in Hand 20,000 20,000
Outstanding Rent 10,000 25,000      
  10,00,000 13,15,000   10,00,000 13,15,000

Additional Information:

  • Depreciation on plant and machinery in 2013 Rs.50,000
  • A piece of machinery costing Rs.12,000 was sold for Rs.8,000 during 2013 (depreciation of Rs.7,000 had been provided on it)
  • An interim dividend of Rs.6,000 was paid during the year.
  • Income tax paid during 2013 Rs.45,000

 

  1. Following is the balance sheet of AB Co Ltd as at 1/01/ 2013. And 31/12/ 2013
Liabilities 1/01/2013 31/12/2013 Assets 1/01/2013 31/12/2013
Equity share capital 3,00,000 3,50,000 Land & building 2,30,000 3,90,000
Share premium _____ 30,000 Plant & Machinery 85,400 1,40,000
General reserve 45,000 65,000 Furniture 5,500 6,500
Profit and loss 30,000 80,800 Stock 82,400 95,700
Debentures ______ 70,000 Sundry debtors 75,000 85,500
Sundry creditors 85,000 90,700 Bank balance 34,200 44,300
Provision for taxation 22,500 40,500      
Proposed dividend 30,000 35,000      
  5,12,500 7,62,000   5,12,500 7,62,000

 

 

Additional Information:

  • Depreciation written off during the year.

Land and building                 Rs. 60,000

Plant and machinery                        Rs. 50,000

Furniture                               Rs. 1,200

  • Tax paid during the year Rs. 22,500 and dividend paid is Rs. 30,000

You are required to prepare a Cash Flow Statement.

 

  1. A company has Rs.25,000 cash in hand on 1st April 2014 and it requires you to prepare cash budget for the three months. April to June 2014.  The following information is supplied to you
  Sales Purchase Wages Expenses
  Rs. Rs. Rs. Rs.
February 70,000 40,000 8,000 6,000
March 80,000 50,000 8,000 7,000
April 92,000 52,000 9,000 7,000
May 1,00,000 60,000 10,000 8,000
June 1,20,000 55,000 12,000 9,000

Other information:

  • Period of credit allowed by suppliers is two months:
  • 25% of sale is for cash and the period of credit allowed to customers for credit sale is one month:
  • Delay in payment of wages and expenses one month.
  • Income tax Rs.25,000 to be paid in June 2014

 

  1. A Company having a net working capital of Rs.2.8 lakhs as on 30th June 2014 has the following financial ratios and performance figures

 

Current ratio 2.4
Liquidity ratio 1.6
Inventory turnover (on cost of sales) 8
Gross profit on sales 20%
Credit allowed (months) 1.5

 

The company’s fixed assets is equivalent to 90% of its net-worth (share capital plus reserves) while reserves amounted to 40% of share capital.  Net worth is also equal to fixed assets plus working capital.

 

Prepare the Balance Sheet of the company as on 30-06-2014, showing step by step calculations.

 

  1. Explain how marginal costing techniques can be used for taking managerial decisions.

 

 

 

 

 

Section – C

 

III) Compulsory Question                                                     (1 x 20 = 20 marks)

 

  1. From the following information prepare comparative balance sheet. Comment on the financial position and interpret the result.

 

Balance Sheet

As on 31st December

 

Particulars 2012 2013 Particulars 2012 2013
Equity Capital 6,857 6,862 Land & Building 3,772 4,719
Reserves 35,046 30,209 Plant & Machinery 17,291 22,391
Debentures 2,470 8,290 Furniture & Fixture 1,053 1,194
Loans 16,690 22,667 Vehicles 93 108
Non – Bank loans 14,754 14,302 Inventory 4,971 7,206
Creditor 3,629 5,804 Debtor 3,143 2,803
Provision for Dividend 651 – Cash 4,784 4,784
Others 4,328 10,729 Bank 10,966 13,817
Tax Payable 8,302 9,564 Work-in-Progress 46,654 51,405
      (Fixed Assets)    
  92,727 1,08,427   92,727 1,08,427

 

 

St. Joseph’s College of Commerce M.Com. 2014 III Sem Financial Reporting And Operational Compliance Question Paper PDF Download

by

St. Joseph’s College of Commerce (Autonomous)

End Semester Examinations –  April 2014

M.Com – IV Semester

FINANCIAL REPORTING AND OPERATIONAL COMPLIANCE

 

Time: 3 Hrs                                                                                                         Max. Marks: 100

Section – A

 

 

  1. Answer any 7 out of 10 questions. Each question carries 5 marks. (7×5=35)

 

  1.  Match the following & write a brief note on AS-18.

 

Accounting Standard No. Particulars
a.   Accounting Standard (AS) 6 Revenue Recognition
b.   Accounting Standard (AS) 1 Depreciation Accounting
c.   Accounting Standard (AS) 18 Disclosure of Accounting Policies
d.  Accounting Standard (AS) 26 Related Party Disclosures
e.Accounting Standard (AS) 9 Intangible Assets

 

  1. Name the Fundamental Accounting Assumptions and briefly explain.

 

  1. List the contents of Annual Report and briefly explain.

 

  1. When does a dealer required to register under Karnataka Value Added Tax Act, 2003? What is the due date for filing monthly VAT returns for a dealer claiming input tax credit against output tax?

 

  1. Match the following & write a brief note on Negative list.

 

Sl.No Column – A Column – B
1 Form 100 Tax on Profession, Trades, Callings and Employment
2 Negative List Monthly VAT Return
3 Maximum Retail Price Service Tax
4 Profession Tax Foreign Exchange Management Act, 1999
5 Foreign Direct Investment Valuation of Excisable Goods

 


 

 

  1. Match the following & write a brief note on regulatory conditions for the appointment of Statutory Auditor.

 

Sl.No Column – A Column – B
1 eForm 8 Appointment of Statutory Auditor
2 eForm 17 Change or in the designation of Director – Resignation, Retirement and Death
3 eForm 32 Filing of yearly Annual Return
4 eForm 23B Satisfaction of Charge
5 eForm 20B Charge Creation

 

 

  1. Distinguish between LLP and Company.

 

  1. Briefly explain the applicability of Employees’ Provident Funds Act, 1952 and Employee State Insurance Act, 1948 and also provide the contribution to be made by employer and employee under relevant acts.

 

  1. Briefly explain the concept of Negative List under Service Tax Law. What is the current rate of service tax notified by Central Government?

 

  1. Match the following & write a note on Deferred Tax.

 

Sl.No Column – A Column – B
1 Financial Charges AS – 11
2 Deferred Tax AS – 20
3 Foreign Exchange Fluctuation Borrowing Cost
4 Lower of cost or net realizable value Accounting for Taxes on Income
5 Diluted Earnings Per Share AS – 2

 

 

Section – B

  1. II) Answer any THREE Each question carries 15 marks. (3×15=45)    

 

 

  1. Explain the concept of capital and capital maintenance.
  2. Explain the objectives of financial statements.

 

  1. Explain any 7 accounting standards in not more than five sentences.

 

  1. What is manufacturing under Central Excise Act, 1944. Briefly explain
  2. Who are the users of financial statements and explain their information needs?

 

  1. Info IT Exports Pvt., Ltd., a company in India are exporters of software development services and during the financial year has invoiced the following amounts in various currencies. Arrive at the Net Foreign Exchange Gain/Loss from the details provided below and also specify the following :

 

  • where will the company reflect the exchange gain or loss in the financial statements.
  • Specify what will be the impact on Networth on account of exchange gain or loss.
  • Name the accounting standard which you are applying in arriving at the exchange gain or loss.

 

Sl.No. Invoice No. Date of Invoice Amount Exchange rate on the date of Invoice Exchange rate on the date of realisation
1. 1001 12/05/2012 USD 15,000 53.50 54.25
2. 1014 14/06/2012 GBP 25,000 71.26 73.00
3. 1036 10/03/2013 EURO 10,000 66.30 63.11

 

  1. Compute Basic Earnings per Share (Basic EPS) and Diluted Earnings per Share (Diluted EPS)

 

Net profit for the current year Rs. 1,00,00,000

Equity Share Capital : 5,00,000 Equity Shares of Rs.10/- each

Share Application Money Pending Allotment – 50,000 equity shares of Rs.10/- each

 

  1. In not more than 5 sentences explain the need for Foreign Currency Translation in the books of account.

 

  1. Calculate the income tax and deferred tax from the following data:

 

  1. Profit of the company before tax –  40,88,605
  2. Depreciation as per Companies Act, 1956 – Rs.12,63,746/-

iii.   Depreciation as per Income Tax Act, 1961  – 13,46,238/-

  1. Rate of income tax – 30%

 

  1. Briefly explain limitation of accounting.

 

  1. What is reverse charge mechanism under Service Tax Law. Briefly explain

 

 

 

Section – C

 

III)Answer the following compulsory question.

                                                                                                                                  (1 x 20= 20)     

16.You are required to prepare financial statements under Revised Schedule VI (including Notes forming part of accounts) from the following trial balance of Suhas Company Ltd. for the year ended 31st March, 2013.

 

Suhas Company Ltd.

Trial Balance as at 31st March, 2013

Particulars Debit (Rs.) Credit (Rs.)
Equity Share Capital (Shares of Rs.10 each) Authorised Capital – Rs.10,00,000/-        1,00,000
Term Loan           85,000
Trade Payables           18,100
Sales of Goods        4,10,900
Opening Stock of Goods        78,000  
Profit & Loss appropriation   16,000
Furniture & Fixtures        50,000  
Plant and Machinery     1,25,000  
Advertisement          2,000  
Purchase of Goods     2,31,900  
Rentals          2,500  
Cash             800  
Bank Balance 1500  
Interest on Bank Term Loan          5,500  
Salaries and Wages        90,000  
Debtors – Trade Receivable        28,700  
Direct Expenses 2,300  
Consumables          8,400  
Travelling and Conveyance          3,400  
 Total      6,30,000      6,30,000

Additional Information :

– Closing stock of goods as on 31st March, 2013 – Rs. 82,300

 

– Rate of Depreciation

Particulars As per Companies Act As per Income Tax Act
Furniture & Fixtures 20% 10%
Plant and Machinery 20% 15%
  • 10% of debtors are doubtful and management decided to make provision in the books.
  • Rate of Income tax – 30%
  • 50% of Trade Payables are payable after one year from the end of 31st March 2013.

 

 

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