Ms 04 management program
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This document provides information about obtaining fully solved assignments from an assignment help service. Students are instructed to send their semester and specialization details to the provided email address or call the phone number to receive assistance. The document includes an example assignment for accounting and finance for managers covering topics like preparing a balance sheet and profit and loss statement, sales and production budgets, and capital budgeting techniques. Students are encouraged to mail their details rather than call to obtain solved assignments.
Ms 04 management program
- 1. Dear students get fully solved assignments Send your semester & Specialization name to our mail id : “ help.mbaassignments@gmail.com ” or Call us at : 08263069601 (Prefer mailing. Call in emergency ) ASSIGNMENT DRIVE FALL 2014 PROGRAM MANAGEMENT PROGRAM SUBJECT CODE & NAME MS-04 Accounting and Finance for Managers SEMESTER II BK ID MS-04/TMA/SEM-II/2014 CREDITS 4 MARKS 60 Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. 1 Study the Accounting Information System being followed in your organization, Prepare a report on the functioning of this system and also give your views on how the system could be improved. Answer : The Accounting Information System of the firm starts from journalising the transactions that have taken place and then posting the journal entries into proper ledger. It then involves preparing the trial balance of the firm. After the preparation of trial balance if there are any adjustment entries or rectification entries are there then the same are recorded. After recording the adjustment and rectification entries, the profit and loss account and the balance sheet of the firm is made. The whole system is called preparation of final accounts. There are many ways of maintaining the accounting information 2 You are required to prepare the company’s Balance Sheet as on 31st March 2014, and its Profit and Loss Account for the year ended on the date, from the information provided and also making necessary assumptions wherever required. The under mentioned balances appeared in the books of Dingo Flour Mills Ltd, as on 31st March 2014. Answer Balance Sheet of Dingo Floor Mills Ltd. As on 31st March 2014 Liabilities Amount Assets Amount
- 2. 3 Gattu Corporation makes a driveway sealing compound that it sells in 5 gallon cans for Rs. 50 Per can. Company’s sales personnel have estimated annual sales of 3,600 units divided among the quarters as follows: First quarter 1,000 units Second quarter 1,100 units Third quarter 800 units Fourth quarter 700 units Operating capacity of the manufacturing facilities is 900 units per quarter. Production of more than 900 units requires additional costs. Production cost is Rs. 30 per unit and there would be a 20 percent increase in cost for units in excess of 900 per quarter. The production manager is evaluated on the cost of production, whereas the sales manager is evaluated on the basis of sales revenue. The sales manager claims that if he had only 900 units to sell in each of the first two quarters, the unsatisfied customers would switch to new products and sales in each of the last two quarters would be 50 units less than estimated. You are required to prepare sales and production budgets to determine how production should be scheduled and to resolve the conflict between the sales and production managers. Answer Sales Budget 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Sales 1000 1100 800 700 Restricted to 900 900 Loss due to Restriction -50 -50 4 Kongo & Sons is considering two mutually exclusive projects. Both need a initial cash outlay of Rs. 10,000 each, and have a life of five years. Company’s required rate of return is 10 percent and pays tax at a 50 per cent rate. The projects are going to be depreciated on a straight line basis. The before taxes cash flows expected to be generated by the projects are as follows: Year 1 2 3 4 5 Project P (Rs.) 4,000 4,000 4,000 4,000 4,000 Project Q (Rs.) 6,000 3,000 2,000 5,000 5,000 Answer : 1) PAYBACK PERIOD Payback period is the period with in which the cumulative cas in flow is equal to cumulative cash out flow On the project. The payback period for the two projects are computed below: Year For the year Cumulative For the year Cumulative
- 3. 5 a) Describe five different categories of PHP Operators. What do you mean by Financial Planning? What would be the consequences if there are no budgetary control systems? Answer : Financial Planning refers to chalking out the financial structure of the company i.e. whether the company will be financed with equity only or whether the capital structure of the company will contain debt also. After determining the capital structure then it involves identifying the sources of capital. The equity will involve owner’s capital and also funds from friends and family, whereas debt will include short and long 5b) Explain briefly about the determinants of Capital Structure? Answer : There are two determinants of capital structure. They are equity and debt. . The equity will involve owner’s capital and also funds from friends and family, whereas debt will include short and long term borrowings from banks and financial institutions. Determinants of capital structure: capital Dear students get fully solved assignments Send your semester & Specialization name to our mail id : “ help.mbaassignments@gmail.com ” or Call us at : 08263069601 (Prefer mailing. Call in emergency )