SUBJECT CODE & NAME- MBA104– FINANCIAL AND MANAGEMENT ACCOUNTING

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ASSIGNMENT DRIVE – FALL 2016
PROGRAM: MBA
SEMESTER – 1st
SUBJECT CODE & NAME- MBA104– FINANCIAL AND MANAGEMENT ACCOUNTING

Q1. Based on the following information prepare the Balance Sheet of Star Enterprises Ltd. as on 31st March 2016. Show workings and assumptions, if any.

Current Ratio 2.5
Liquidity Ratio 1.5
Net working Capital Rs. 6,00,000
Inventory turnover Ratio 5
Ratio of gross profit to Sales 20 %
Turnover Ratio to net fixed assets 2
Average Debt collection period 2.4 months
Fixed Assets to net worth 0.8
Long term debt to capital and reserve 7/25
Based on the above information prepare the Balance Sheet of Star Enterprises Ltd. as on 31st March 2016. Show workings and assumptions, if any.
Q2. Explain Balance Scorecard. Give an illustration of Balance Score Card.
A Explain Balance Scorecard
Give an illustration of Balance Score Card
Q3. From the following Balance Sheet of ABC Ltd. as on 31. 03. 2015 and 31. 03. 2016, prepare Cash Flow Statement as per AS-3 using the Indirect method:

Liabilities 31.03.2015 31.03.2016
Capital 50,00,000 50,00,000
Retained Earnings 26,50,000 36,90,000
Debentures – 9,00,000
Current liabilities
Creditors 8,80,000 8,20,000
Bank loan 1,50,000 3,00,000
Liability for Expenses 3,30,000 2,70,000
Dividend Payable 1,50,000 3,00,000
91,60,000 1,12,80,000
Assets
Plant and Machinery 27,30,000 40,70,000
Less : Depreciation 6,10,000 7,90,000
21,20,000 32,80,000
Current Assets
Debtors 23,90,000 28,30,000
Less: Provision 1,50,000 1,90,000
22,40,000 26,40,000
Cash 15,20,000 18,20,000
Marketable Securities 11,80,000 15,00,000
Inventories 20,10,000 19,20,000
Prepaid Expenses 90,000 1,20,000
91,60,000 1,12,80,000

Additional Information:
1. Net profit for the year ended 31.03.2016, after charging depreciation Rs. 1,80,000 is Rs. 22,40,000.
2. Debtors of Rs. 2,30,000 were determined to be worthless and were written off against the provisions for doubtful debts account during the year.
3. ABC Ltd. declared dividend Rs. 12,00,000 for the year 2015-16.
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