APJ ABDUL KALAM TECHNOLOGICAL UNIVERSITY
FIRST TRIMESTER MBA DEGREE EXAMINATION OCTOBER 2016

Max. Marks: 60

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MBA 15 ACCOUNTING FOR MANAGERS

Explain any two Liquidity Ratios

Define "Funds from operations”

PartA
Answer all questions. Each question carries 2 marks

What do you mean by WDV method of depreciation?

Distinguish between 'Capital expenditure’ and 'Revenue expenditure’

Define ‘International Financial Reporting Standards (1885)

marks) Part B
Answer any 3 questions. Each question carries 10 marks

Duration: 3 Hours

(5x2 marks = 10

6. Discuss financial accounting and cost accounting. Explain the differences between financial
accounting and cost accounting.

7. The following data relating to a manufacturing company is available:

Fixed cost:%20000
Profit: ೧೦೦೦೦
Sales:%10000
Variable cost to sales: 60%
Find out

a.

b. What would be the sales volume to earn a profit 0

©.

Breakeven sales

Margin of safety when sales are R250000

8. From the following Balance Sheet of XYZ Ltd as on March 31, 2016, you are required to prepare
a Schedule of changes in Working Capital.

Balance Sheet of XYZ Ltd, as on 31 “March 2016

31.03.15 | 3103.16 31.03.15 | 31.03.16
Share capital Land & Building
General Reserve 14,000) 15,000} Plant 31,000 | 46,000
Profit & Loss 10,000) 13,000 Investment in 10,000) 11,000
Account subsidiary
Sundry Creditors 7,800 5,400 | Inventories 30,000 23,400
Bills Payable 1,400 800 | Debtors 18,200} 19,000
Outstanding 16,400) 18,600} Cash 6,400 | 15,200
Expenses

Bills receivable 2,000 3,200

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