(i) Printed Pages : 151 Roll No '

(ii) Qiestions :141 S,,t'Cod":ITT8T3TEExam.Code:@ffi[]

Bachelor of Commerce 6th SemesterExamination

to47DIRECT TAX LAW

Paper: BCM-601

Time : 3 Hoursl [Max. Marks : 80

Note '.- (1) Attempt any ,1bur questions from section-A

carrying 5 marks each'

(ii) Attempt any rwo questions each from

Section-B and Section-C carrying 15 marks

each.

Section-A

I. From the particulars given below. compute the total

income of Mr. Raghav Shama for the assessment

year 2016-17 :

Rs.

(a) Income from Profession 92'500

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1057

Bachelor of ComrnerceSixth Semester

BCM'602: Finaocial ManagementI

Time allo ed: 3 Hours

NOTE: Anenpl fu)l! short ahswer type questiont from Section-A'

fton ieition B and C resPectivelY

Net Operating locomeTotal lnvestment

Equity Capitalization rate:

lfthe fiIm uses ao debt

Ifthe fitm uses Rs- 4,00,000 debentures

lfrhe firm uses Rs. 6.00.000 debentures

e) The foilowing data are

Seliing Price PerRs. 2,00,000.I i) what is the

6,000 Unit?

Section - A*Ttiffii"iT#XT

Profi t Ma.rimization and wealth Maximization?

il; Nu,n" *y t"o t""t'"iqo"':lli:ff1":i*%t1", ,nu," and it had paid a

o ll,",J"lffiii:.i ;:lir?: rff ;#'ffi.i".,"'"'.*l"i ""pects

a srowth rate

of 5 percent Psr Year''it co.put" th" "ompany's

equily cost ofcapital

ii) tf the anticipated gron'th rate is 7 percent per annun'

indicated nnrket Price Per share

dt CLmpur" the marker value of lhe ftrm' ralue

capital from the following information:

ol

Assume that Rs. 4,00,000 debentures can b€ raised at 5o/o $te of interesl

*U"r"* n.. O"OO,OOiI debeDtues can be raised a1 6yo rate of interest'

available for X Ltd:u;iE. lzo, variuule Cost per Unit Rs 70, Fixed Cost

of the shares and avemge cosr

Rs. 2,00,000Rs. 10,00,000

10v"llYot3vo

Exam.Code:001 6

Sub. Code: 0836

Max Marks: 80

Attemry Ag questions eqch

calculate the

X Ltd. produces and sells

will occur in the EBIT of

tr.

m.

operaling Leverage when

ii) Wltat is lhe percenrage chaoge that

X Ltd.. if outDut increases bY 5%o?

l1 W-hat is the significatrce of stabie dividend policy? (4xs.)

Section - B

"Maximiz"lion of profits is regarded as the proper objective of in\estmeDr decision-' but

it is not as exclusiie as maximizilg shareholders rvealth"' cooment ') t l))

Under what circurnstaoces may NPV and IRR gire conllicti'1g recommendations?

ieich criteria should be followed in such circumstances and why? (15)

Follo'ndng are the data on a caplur rroject M being evaluated by the management ofX Ltd'

I Annual Cost SavingUSEILU LlrcIRRP.I.NPVCost of CapitalCost ofProjectPayback period

Rs. 40,000/-4 yearsr5o/o

1.064,l

?

?,)

w.

Sub Code:0836(2)

Find the missing Figures considering the following tabies of discount factor ordyi

Discount Factor rSYo t 40h 13" r20A

l" Year 0.869 0.877 0.885 0.893

2n" Year 0;7 56 0.769 0.783 0.'797

3'o Year 0.658 0.67 5 0.693 0.7 t2

4'" Year 0.572 0.592 0.613 0.636

V. A firm has the follorving capital stucturg and after tax costs for the different soucas ol

firnds used:

Sources ofFunds Amount (Rs.) Proportion 'llo After Tax cost Yo

Debt 15,00,000 25 5

Preference Share r 2,00,000 20 t0

Equiw Shares 18,00,000 30 12

Retained eaming 15,00,000 25 11

Total 60,00,000 100

You areEuired to compute the weighted average cost of capital' (i5)

I Sectiol - C

vI. Explain in detail relevance concept ofdivideld policy or the theory ofrelevanc€?(15)

VII. Explain the various souces ofcorporate finaoce along with SEBI guidelines? (15)

VIll. RB P1't. Ltd. Sells goods on a gross profit of 25To Depreciatioo is taken into account

as part ofcost ofproduction. The following are the annual figues gven to you:

iJes (two months credit) 18;00;000 -. -

Material Consumed (One month credit) 4'50'000

Wag"s (Ooe mo"*t tag in payment) 3'60'000

Casi nanufacturiag eipenses (one month Lag itr pa)'inent) 4'80'000

Administation exp;nses (One month lag in payment) l'20'000

Sut". p--otion "ip"nses

lpaid q,rarterly inidvancel 60'000

tnco-e ta* payutte in 4 installmints ofwhich one lies next year 1'50'000

the "omf-y keeps one month's stock each raw material and finished goods lt also

tl"pt ni. i,Oo,obo in cash. You are required to estimate the working capital

,"q.rit"-"ot of the company on cash cost basis assuming 15% safety maxgin' Ignore

work m progress. (15)

IX. a) A company expects a net operating itrcome ofRs l,0O,000' lt has Rs' 5'00'000' 6%'

debentures. The overall capitafiz;tion ratc is 10% Calculate the value of the firm

and the equity capitalization (Cost of Equity) according to Net operating income'

approach.

, b) lf the debenture debt is inqeased to Rs 7,50,000 What will be effect on the value'

ofthe frm and equity capitali4{ion la1e? ----- -(15} -

(i) Prinen Pages :31 Roli No.

(ii) Questions :l4l Sub. Cotle :l0l8l317lExam. code

' lOI0IiT6-l

Bachelor of Commerce 6th SemesterExarnination

to47ISSUES IN FINANCIAL R.EPORTING

Paper r BCM-6O3

'Iime r 3 lloursl lMax. Marks : 80

l'ore :- Attempt any.forr questions of 5 marks each from

Scition-A and tlro questions each of 15 marks each

from SerriorFB rnd Scction-C.

Section-A

l. What is meant by lri ancial Reponing ?

2- Write a flote on Global Convergence.

3. Discuss the 3Jevels of Fair Value Hiemrchy.

4. Write a ncle on lleplacement Cost Accounting

Techniqre.

5. Explain the obje.{ti!€s of AS-17.

N-564 i 1) Trm Over

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(i) PrinredPages :31 Roll No.

I j; euesrions : et Srb. C"d; , rcEl3'dExam. cod* , iT-T0-T1T6l

Bachelor of Commerc€ 6th $emesterExamination

LA47SOCIAL AND BUSINESS ETHICS

paper : BCM-6O4

Time : 3 Hoursl [Max. Marks r 80

.l6re :- Section A is compulsory for all. Do any fo,r/qu;stions from Section l, and C, not more than flr,o

quesiions from each Section. Ail que,stidns sre

can-a'ing equal marks.

Section-A

l. Do an)- /orr. sub-part from the given below parts :

(i) What are ihe various levels of lhsiness Ethics ?

(ii) Define Morais

N-138 (1) rum over

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rirAinted Pages:4l RollNo '

rii)Questions :91 Sub.Code:l0l8l319lExam. code , JOT0T1T6]

Bachelor of commerce 6th semesterExamination

LO47OPERATION RESEARCH

Paper : BCM-605

Time : 3 Hoursl [Max. Marks : 80

Note :- Attempt any rve questions in all, selecting a! least

or? question from each Unit. Each question carries

16 marks.

S€ction-A

1. Attempt any JArr questions fiom this Section :

(i) Define OR.

(ii) Wfite the dual of the following LP :

Min z= 4xz + 5xz

Lx1 - x2+ 44 13L\z- 5\>7x1, x2, :t3 ) 0

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(i)hinredPages:21 Ro11No..............,.,....-......,.....

(ii) Questions : l4j Sub. Code : l 0l 8 l 41 0lExam. code,lOT0IlT6l

Bachelor of Commerce VIth Semester' Exaftination

LO47SECTORAL ASPECTS OF INDIAN ECONOMY

Paper I BCM-6O6

Time:3 Hoursl [Max. Marks : 80

Note i- Attefipt four questions from Section A, each carries

5 marks. Attempt any tlro questions from each ofSection B and Sectior C. each'canying 15 marks.

Sedion-A

l. Wrjte impact of inflaaion on Economy.

2. what is the role of public sector in the economy ?

3. What is rural indebtedness ?

4. Explain problems of small scale indusfies.

5. What is organic farming?

6. Explain agricultural marketing.

N-540 (1) Turn Ovet

Section-B

?. Whot is agriculture ? Discuss the features ofagricuhure in detail.

8. What is agricultural marketing? Explain ne!

develop ent in agriculture.

9. Explain small scale and cottage industries. Whal

are the various government policies relating to

small scale and cottage industries ?

l0 Explain industrial development process duringplanning period.

S€ction-C

ll.What do you understand by service sector? Explain

the grolvth of seryices in India in pre and post

reform pedod.

12. Explain the role of public and private sectors in

lndia.

13. Explain the major problems of Indian Economy.

14. Explain unequal djslribution of income and weal:h

in lndia.

N-540 i2)

)(i) Printed Pages:21 Roll No.

(iir Quesrjons : t4l Sub.Code:l0l8lal0lExam. code

' |OT0-ITT6|

Bachelor of Commerce VIth Semester' Examination

lo47SECTORAL ASPECTS OF INDIAN ECONO Y

Paper : BCM-606

Time i 3 Hoursl [Max. Marks : 80

Note i- Atteropt fout queslions from Section A, each carries5 marks. Attempt any b{,o questions from each ofSection B and Sedion C, each'cadying 15 marks.

Section-A

L Write impact of inflation on Econorrry.

2. What is the role of public sector in the economy ?

3. What is rural indebtedness ?

4. Explain problems of small scale industries.

5. What is organic farming?

6. Explain agricultural markering.

Turn OveaN-540 (1)

a

Scction-B

7. What is agriculiure ? l,iscuss the teatures ofagriculture in delail.

8. What is agricuildrai markeling? Explain ncrv

development in. agljculture.

9. Explain small scale and cotrage indushies. Whar

are ahe vaious governrnent policies relaring to

small scale and aoltage industties ?

l0 Explain industrial deveiopmert process duringplanning period.

Section-C

l1,What do you undersland by service sector? Explain

the growth of services in India in pre and post

refoml period.

12. Explain the role of public afld private sectors in

lndia.

13. Explain the majc. problems oI Indian Econom)'.

t4. Explain unequal distribution of incoDe and wealth

in hdia.

N-540 \2)