PROGRAM MBA, SEMESTER - I

SSUBJECT CODE & NAME - MBA104 - FINANCIAL

AND MANAGEMENT ACCOUNTING
1. Based on the following information prepare the
Balance Sheet of Star Enterprises Ltd. as on 31 st March
2016. Show workings and assumptions, if any.
Current Ratio
Liquidity Ratio
Net working Capital
Inventory turnover Ratio
Ratio of gross profit to
Sales
Turnover Ratio to net
fixed assets
Average Debt collection
period
Fixed Assets to net worth
Long term debt to
capital and reserve

2.5
1.5
Rs.
6,00,000
5
20%
2
2.4
months
0.8
7/25

Answer:
Balance Sheet of Star Enterprises Ltd. as on 31st March 2016

Liabilities
Share capital and Resere
Long-term Debt

Rs.

Assets

1250000 Fixed Assets

350000 Inventories

Rs.
1000000
400000

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2.
Explain Balance Scorecard. Give an illustration of
Balance Score Card.
Balanced scorecard
The balanced scorecard is a contemporary performance measurement system
for an organisation. Traditionally, a companys performance was measured
only by using certain financial ratios like Return on Investment (ROI), Net Profit
Ratio, Earning Per Share (EPS), working capital turnover, etc.
However, a companys performance or success cannot be completely
measured from a single view point (perspective). No doubt, financial
performance is an important aspect, but certain

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3. 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
Capital
Retained Earnings
Debentures
Current liabilities
Creditors
Bank loan
Liability for Expenses
Dividend Payable
Assets
Plant and Machinery
Less : Depreciation
Current Assets
Debtors
Less: Provision
Cash
Marketable Securities
Inventories
Prepaid Expenses

31.03.201
5
50,00,000
26,50,000
-

31.03.201
6
50,00,000
36,90,000
9,00,000

8,80,000
1,50,000
3,30,000
1,50,000
91,60,000

8,20,000
3,00,000
2,70,000
3,00,000
1,12,80,0
00

27,30,000
6,10,000
21,20,000

40,70,000
7,90,000
32,80,000

23,90,000
1,50,000
22,40,000
15,20,000
11,80,000
20,10,000
90,000
91,60,000

28,30,000
1,90,000
26,40,000
18,20,000
15,00,000
19,20,000
1,20,000
1,12,80,0

00
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.
Answer:
Cash Flow Statement

PARTICULARS
A. Cash Flows from Operating Depreciation
Net Profit for the year after chargind
depreciation
Adjustment for Non-operating & Non - current
Add items
:
debited to profit and loss account
Provision for doubtful debt less bad debt
adjusted
Depreciation on plant & Machinery
(270000 - 230000)

Operating profit before working capital changes

Rs.

Rs.
22400
00

40000
18000
0
22000
0
24600
00

Rs.

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