What is a Responsibility Centre and why are responsibility centres established? Briefly explain each type of responsibility centre.
See Answer →Explain the important attributes of Management Control Systems and discuss the importance of behavioral dimensions in designing management control systems
See Answer →Discuss the various forms of mergers. What are the driving forces for mergers and acquisitions? Discuss various step involved in a merger.
See Answer →Explain the various non traditional sources of long term financing and discuss the circumstances when they can be used.
See Answer →Explain the concept of uncertainty and risk in the context of projects. Discuss the various techniques used for measurement of project risk.
See Answer →Discuss features of a project and explain the project life cycle concept. Discuss the general steps for managing each ‘Work Package’ within a specified project.
See Answer →What do you understand by cost of capital? Explain the process to compute cost of capital for debt and equity.
See Answer →If you are finance manager of an MNC, what circumstances would you consider using Eurocurrency markets? Also explain why you have selected these markets instead of borrowing from domestic markets.
See Answer →The Balance Sheet of Alpha Co. Ltd. is as given below.
Balance Sheet of Alpha Co. Ltd. as on 31 st March 2023
| Assets | Rs. lakhs | Liabilities | Rs. lakhs |
| Fixed assets | 1,000 | Equity shares of Rs. 10 each | 400 |
| Current assets: Raw materials Work-in-progress Finished goods Debtors Cash at bank | 200 300 150 200 110 960 | Retained earnings 11% Debentures Public deposits Trade Creditors Bills payable | 400 600 200 160 200 |
| Total | 1,960 | Total | 1,960 |
You are required to calculate the amount of maximum permissible bank finance by all three methods for working capital as per Tandon Committee Norms. Assume the level of core current assets to be Rs. 60 lakhs. Calculate the current ratios as recommended by the committee, assuming that the bank has granted MPBF
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As a Finance Manager, which sources you would prefer to raise short term loans from the money market for meeting working capital needs of your business and why?
See Answer →You are required to prepare a Cash Budget of XYZ Ltd. for the months April, 2023 to July, 2023 (four months) from the details given below:
(a) Estimated sale during 2023
| Feb. 12,00,000 | March 12,00,000 | April 16,00,000 | May 20,00,000 | June 18,00,000 | July 16,00,000 | Aug. 14,00,000 |
b) On an average 20% of sales are cash sales. The credit sales are realized in the third month (January sales in March).
c) Purchases amount to 60% of sales.
d) Variable expenses (other than sales commission) constitute 10% of sales and there is a time lag of half a month in these payments.
e) Commission on sales is paid at 5% of sales value and payment is made in the third month.
f) Fixed expenses per month amount to Rs. 75,000 approximately.
g)
| Other items anticipated: | Due | |
| Interest payable on deposits | Rs. 1,60,000 | (April, 2023) |
| Sales of old assets | Rs. 1,25,000 | (May, 2023) |
| Payments of tax | Rs. 80,000 | (June, 2023) |
| Purchase of fixed assets | Rs. 6,50,000 | (July, 2023) |
h) Opening cash balance Rs. 1,50,000
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Discuss the various factors that you would take into consideration before assessing the working capital requirements.
See Answer →Briefly discuss the importance of Business ethics and it’s role in international business
See Answer →Briefly describe and discuss the characteristics of a global mind-set and effective way of designing of cross-cultural training (CCT) programmes with relevant examples.
See Answer →Who is an expatriate an explain the reasons for MNC’s to use expatriates to staff their international assignments. Briefly discuss the factors for the failure of expatriates and the factors required to be successful.
See Answer →What is cultural shock? Discuss the behavior variations across cultures with examples.
See Answer →Briefly discuss the globalization of business and the role of Human Resource Management in this perspective. Describe and discuss the dimensions and the variables that differ domestic vs international human resource management.
See Answer →Write the various interpretations under the Minimum Wages Act, 1948. How are Advisory Board and the Central Advisory Board composed and function?
See Answer →What are the restrictions and benefits available under the Maternity Benefit Act, 1961? Explain in detail.
See Answer →Describe in detail the concept and process of Domestic Enquiry
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