3rd sem – Finance Management – Spring 2016
DRIVE | SPRING2016 |
PROGRAM | MBA |
SEMESTER | 3 |
SUBJECT CODE &NAME | MF0010& SECURITYANALYSIS ANDPORTFOLIOMANAGEMENT |
BKID | B1754 |
CREDITS | 4 |
MARKS | 60 |
Note:Answerallquestions.Kindlynotethatanswersfor 10 marksquestionsshould beapproximatelyof 400words.Eachquestionisfollowed byevaluationscheme.
Q.No | Questions | Marks | TotalMarks | |
1 | Describe theinvestmentprocess. | |||
Eachstepcarries 2 marksfor all the 5 steps | 10 | 10 | ||
2 | Define primarymarkets?Define and Explain the roleof financial intermediaries. | |||
Definition ofprimarymarketsDefinition of financialintermediariesRole offinancialintermediaries | 3
3 4 |
10 | ||
3 | Define technical indicatorsand its types and Discuss onCandlestick charts? | |||
Definition of technicalindicatorsTypesof technical indicatorsCandlestickcharts | 2
3 5 |
10 | ||
4 | BrieflyexplainAssumptions of Markowitz Model. Explain EfficientFrontier orEfficient set. | |||
Explain Assumptions of MarkowitzModelExplanation on EfficientFrontier | 2
8 |
10 | ||
5 | Explain the assumptionsof Capital Asset PricingModel (CAPM). Give ashort note onSeparationTheorem,Capital Market Line(CML)and Security Market Line (SML) | |||
Assumptions of CAPM SeparationTheoremCMLand SML | 4
3 3 |
10 | ||
6 | Explain the Structure of MutualFund Operations.Types of Mutual Fund | |||
ASSIGNMENT
DRIVE | SPRING2016 |
PROGRAM | MBA |
SEMESTER | 3 |
SUBJECT CODE &NAME | MF0011&MERGERS ANDACQUISITIONS |
BKID | B1732 |
CREDITS | 4 |
MARKS | 60 |
Note:Answerallquestions.Kindlynotethatanswersfor 10 marksquestionsshould beapproximatelyof 400words.Eachquestionisfollowed byevaluationscheme.
Q.No | Questions | Marks | TotalMarks | |
1 | Explain the types ofmergers and acquisitions(M&A). | |||
Each type carries 2 marks. Explanation of5types | 10 | 10 | ||
2 | Explain basicsteps inorganizing amerger. Explainfinancialaspects ofmergers | |||
Explanation ofsteps in organizinga merger | 7 | 10 | ||
Explanation of financialaspects of merger | 3 | |||
3 | Explain aboutManagementbuyouts(MBO), itsmotives and structure. | |||
Explanation of Managementbuyouts (MBO) | 2 | 10 | ||
Motives behindMBO | 4 | |||
Structureof aMBO | 4 | |||
4 | Write Shortnotes on :Ownership decisionLocationdecision
Role ofgovernmentpolicies in international M&A |
|||
Ownership decision | 3 | 10 | ||
Locationdecision | 3 | |||
Role ofgovernmentpolicies in international M&A | 4 | |||
5 | Explain the types of takeovers. Explain defenses against takeover bids. | |||
Typesoftakeovers. | 5 | 10 | ||
Defensesagainst takeover bids. | 5 | |||
6 | Explain the valuation approaches. Explain the businessvaluationmethods. | |||
Explanation of valuationapproachesExplanation of businessvaluationmethods | 5
5 |
10 | ||
DRIVE | SPRING2016 |
PROGRAM | MBA |
SEMESTER | III |
SSUBJECT CODE &NAME | MF 0012TAXATION MANAGEMENT |
BKID | B1760 |
CREDIT | 4 |
MARKS | 60 |
Note:Answerallquestions.Kindlynotethatanswersfor10marksquestionsshouldbeapproximatelyof 400 words. Eachquestion is followed byevaluation scheme.
Q.
No |
Question | Marks | TotalMarks | |||||||||||
1 | ||||||||||||||
Mr. X (38year) is employed byA Ltd. as marketingmanager inPune.The followinginformationis furnished byMr. X for the previousyear ending 31stMarch 2015.
Basic salaryRs. 12,00,000 p.a., DA Rs. 40,000 p.a. (36%of DA is considered for gratuityandPension, butnot for Providentfund). Club allowance Rs. 5,000 p.m., Furnishingallowance Rs.2,000 p.m. and HRARs.40,000 p.m.Conveyance allowance is Rs. 2,000p.m. which can be usedbothforofficeand private purposes. Up to August31, 2014,he resides with his parents and does not pay any rent.FromSeptember 1,2015 hehas beenallotted acompany accommodation atPune (population 23 lakhs)inlieu ofhouserent allowance. Club allowance has beendiscontinued fromJanuary1, 2015. And Mr. Xhas beenprovided bythecompany club facility forprivate(20%) and officeuse(80%). Expenditure bythecompanyuptil31stMarch 2015 wasRs. 20,500. On 20 Nov. 2014, Mr X has taken aninterestfree loanfromthe company (SBI lendingrate forSimilarloanbeing 18.5%p.a.). Mr. X and his employer contribute @10 %of his salary to P.F.InterestCredited bythecompanyin ProvidentFund on June 1, 2014 @ 9.7 %is Rs. 2,11,200.Assuming thatincome of Mr. X fromOtherSourcesRs. (-30,000), find out the net incomeandliabilityof Mr. X for theAssessmentYear 2015-16. |
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A | BasedonaboveComputethetaxableincomeandtaxliability(beforedeductingTDS)ofMs.XfortheA.Y.2015-16Rs.2,600(beingIncome-taxrefundandRs.200beingInterestthereon): | 8
2 |
10 | |||||||||||
2 | a) How is advance money received against cost of acquisitionadjusted ? | |||||||||||||
b) Stategiving reasons,whether the followingassets are Short termor Longterm:
i) X purchases a houseon10thMarch 2012 and transfers on6thJune2014.ii) Ypurchasesunquoted shares in an Indiancompany on 10thMarch 2012and transferson 6thJune 2012. iii) Z acquires units ofmutual fund on 7thJuly 2013and transfers those on10thJuly 2014. iv) A purchasesdiamondson 12 September 2011 and gifts the same to his friend B on 31stDecember 2014 and B transfers theasset on 20 October 2014. |
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A | a) Howisadvancemoneyreceivedagainstcostofacquisitionadjusted ?
b) Stategivingreasons,whetherthefollowingassetsareShort term orLongterm: · Xpurchasesahouseon10thMarch2012andtransferson 6thJune2014. · YpurchasesunquotedsharesinanIndiancompanyon10thMarch 2012 andtransfers on 6thJune2012. · Zacquiresunitsofmutualfundon7thJuly2013andtransfers thoseon 10thJuly2014. · Apurchasesdiamondson12September2011andgiftsthesametohisfriendBon31stDecember2014andBtransfers theasset on 20October2014. |
2
2 2 2 2 |
10 | |||||||||||
3 | Ms. A purchases a house property on 1stJanuary 1976 forRs. 95,000. She enters into anAgreementfor sale ofthe same property to Mr. Xon 1stNovember 1983 andreceivesRs. 10,000
asadvance. Following the demise ofMr. X immediatelythereafter, themoneywas forfeited byMs. A. Later Ms. A giftsher propertyto her friend Ms. B on 15thMay 1985. The followingexpenses are incurred by Ms. A and Ms. B forimprovement of the property :
Ms. B enters into anagreement for sell the propertyfor RS. 8,50,000 to Mr. P on 1stApril 1993afterreceiving an advance of Rs. 50,000. Mr. P could not pay the balance amountwithin thestipulated timeof twomonths and Ms. B forfeits the amount of advance. Ms. B finally transfers the property to Ms. C for Rs. 14,75,000 on 1stDecember 2014. Given theFair Market Value of the property on 1stApril 1981 being Rs. 1,15,000;Cost InflationIndex for1981-82 : Rs. 100; for 1983-84 : Rs.116; for 1985-86 : Rs. 133; for 1990-91 : Rs. 182;for 1993-94 :Rs. 244 and 2014-15: Rs.1,024 compute theCapital gainsinthe hands of Ms. Bfor the AssessmentYear2015-16. |
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A | Compute theCapitalgainsin the handsof Ms. B fortheAssessment Year 2015-16. | 10 | 10 | |||||||||||
4 |
i) Ms. Brinda, a U.S. citizen visits India on 1stJanuary2014 to studyand conductresearch onIndianfolkculture. Shehas been regularly visiting India for 100 days inthepast fiveconsecutive years to carrythe research.Advise the residential status of Ms.Brindaunderextant rules referring to section 6 ofthe Income-tax Act 1961. ii) What are the provisionsof Advance tax under section 2(1)? |
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A | i) Ms. Brinda,aU.S. citizen visitsIndia on 1stJanuary2014tostudyandconductresearchonIndianfolkculture.ShehasbeenregularlyvisitingIndiafor100daysinthepastfiveconsecutiveyearstocarrytheresearch.AdvisetheresidentialstatusofMs.Brindaunderextantrulesreferringtosection6oftheIncome-taxAct 1961.
ii) WhataretheprovisionsofAdvancetaxundersection2(1) ? |
5
5 |
10 | |||||
5 | Explain the need of Servicetax in India. Whatare the different approaches to Servicetax inIndia ? | |||||||
A | ExplaintheneedofServicetaxinIndia.Whatarethedifferentapproaches to Service taxin India? | 10 | 10 | |||||
6 | Mr. X (aged 59 years) furnishes the followingProfit and Loss account for the year ended 31st
March, 2015. Computethe Gross Total Income of Mr. X under respectiveheads, his Net TaxableIncomeand Tax liabilityinthe assessmentyear 2015-16. |
|||||||
Particulars | Rs. | Particulars | Rs. | |||||
GeneralExpenses | 13,400 | Gross profit | 3,15,500 | |||||
Bad debts | 22,000 | Commission | 8,600 | |||||
Advance tax | 2,000 | Brokerage | 37,000 | |||||
Insurance | 600 | MiscellaneousIncome | 2,500 | |||||
Salary to Staff | 26,000 | Bad DebtRecovery | 11,000 | |||||
Salary to Mr. X | 51,000 | Interest onDebenture
(Netinterest Rs.22,500 + TDSRs. 2,500) |
25,000 | |||||
Interest onCashCredit | 4,000 | Interest onFixed Deposits(NetinterestRs. 11,700 + TDSRs. 1,300) | 13,000 | |||||
Interest onloantoMrs.X | 42,000 | |||||||
Interest onCapital of Mr. X | 23,000 | |||||||
Depreciation | 48,000 | |||||||
Advertisement | 7,000 | |||||||
Contributionto Employees’
Provident Fund |
13,000 | |||||||
Net Profit | 1,60,600 | |||||||
Total | 4,12,600 | Total | 4,12,600 | |||||
Supplementaryinformation:
Permissibledepreciationas per CBDT circular is Rs. 37,300 which includesdepreciationofpermanent glowsignboard. i. Advertisementexpenditure includes Rs. 3,000, being cost of permanentglow signboardaffixed outsidethe office premises.ii. Commissionaccrued butnot receivedRs. 4,500 is not credited to P & L Account. iii. Mr. X payspremiumofRs. 6,000 on his ownlife. iv. Generalexpenses includes : a) Rs. 500 spent forarranging a party for Mr. X’s son who arrivesfromCanada. b) Rs. 1,000 for contribution to a political party. v. Loan availed fromMrs.X was for payment of arrear tax. |
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A | Mr.X(aged59years)furnishestheaboveProfitandLossaccount for theyear ended 31stMarch, 2015.
ComputetheGrossTotalIncomeofMr.Xunderrespectiveheads,hisNetTaxableIncomeandTaxliabilityintheassessmentyear 2015-16. |
10 | 10 | |||||
SMU MBA SPRING 2016-2017
Dear Students,
SMU MBA SPRING 2016 Assignments are available. For Booking ,Kindly mail us on kvsude@gmail.com OR call us to +91 9995105420 or S M S your “ Email ID ” us in the following Format “ On +91 9995105420 we will reach back you with in 24H ”
DRIVE | SPRING2016 |
PROGRAM | MBA |
SEMESTER | 3 |
SUBJECT CODE &NAME | MF0013&INTERNALAUDIT ANDCONTROL |
BKID | B1733 |
CREDITS | 4 |
MARKS | 60
|
Note:Answerallquestions.Kindlynotethatanswersfor 10 marksquestionsshould beapproximatelyof 400words.Eachquestionisfollowed byevaluationscheme.
Q.No | Questions | Marks | TotalMarks | |
1 | DistinguishbetweenGovernmentauditandSpecificaudit. Explain typesofGovernmentAndSpecific Audit? | |||
DistinguishbetweenGovernmentauditandSpecificaudit.Explain types of GovernmentAnd SpecificAudit? | 5
5 |
10 | ||
2 | WritethesimilarityanddissimilarityofInternalandExternalAudit?ExplaintheCo-operationbetweenexternal and internalauditor. | |||
SimilarityandDissimilarityofInternal and External AuditCo-operationbetweenexternal and internal Auditor | 5
5 |
10 | ||
3 | Theauditfirmfollowscertainpoliciesandprocedures.Explainthequalitycontrolpoliciesadopted byan audit firm. | |||
Explanation of all the 12 points underauditfirm | 10 | 10 | ||
4 | Explainthe basic principles of governinginternal control | |||
Basicprinciples ofgoverninginternalcontrol | 10 | 10 | ||
5 | Discussthespecificproblemsof ElectronicData Processing(EDP)relatingtointernalcontrol. | |||
Explanation ofallproblems of EDP | 10 | 10 | ||
6 | Explain the factorsfor having the effective internal control systemfor abank. | |||
SMU MBA SPRING 2016-2017
Dear Students,
SMU MBA SPRING 2016 Assignments are available. For Booking ,Kindly mail us on kvsude@gmail.com OR call us to +91 9995105420 or S M S your “ Email ID ” us in the following Format “ On +91 9995105420 we will reach back you with in 24H ”