Explain the different formal and informal credit arrangements.

Discuss the role of credit terms and credit standards in a credit policy of a firm?

How is the Cost of Debt ascertained? Give examples.

Explain the contribution of CAPM with suitable illustrations.

A company pays dividend of Rs. 2, it is expected to grow @ 20% for a period (10+10) of 4 years the normal growth rate after that period is expected @ 5%. The required rate of return is 12%. Find out the price at present.

Explain "Time Value of Money". What is the role of interest rate in it?

Discuss the challenges faced by the financial managers in India.

What is trend analysis? List down some trends to look for in the review of financial statement.

Describe the reporting needs of different levels of management and how a system of reporting can satisfy it?

A gang of workers normally consists of 60 skilled, 30 semi-skilled and 20 unskilled. They are paid at standard rates per hour as under:

Skilled Re.0.80

Semi-skilled Re.0.60

Unskilled Re.0.40

In a normal working week of 40 hours, the gang is expected to produce

4000 units of output

During the week ended 31 December, the gang consisted of 80 skilled, 20 semi-skilled and 10 unskilled. The actual wages paid were @ Re.0.70, Re.0.65 and Re.0.30 respectively. 3200 units were produced. Four hours were lost due to abnormal idle time.

Calculate

i. Wage variance

ii. Wage Rate Variance

iii. Labour Efficiency Variance

iv. Idle Time Variance

v. Labour Mix Variance

vi. Labour Revised Efficiency Variance

vii. Labour Yield Variance

Social accounting

Environmental accounting

Master budget

Zero based budgeting

Standard costing and Budgeting

fixed and flexible budgeting

leverage ratios and gearing ratios

cash flow statement and funds flow statement

What are the financial statements? How far are they useful for decision-making purposes?

Describe briefly the different methods of costing and state the industries to which they can be applied.