Model Questions March_2015
Transcription
Model Questions March_2015
TRIBHUVAN UNIVERSITY FACULTY OF MANAGEMENT Office of the Dean 2015 Full Marks: 60 Time: 3 Hrs. BTTM / BHM / First Semester / ENG 311 / ENG 301: English Candidates are required to answer all the questions in their own words as far as practicable. The figures in the margin indicate full marks. Group “A” Brief Answer Questions: 1. [10] Improve the following sentence. [3] a. The driver was experience b. It ain’t nothing but a rooster c. I know a old man like to play marbles 2. Rewrite the following sentences. [4] a. Lemons are yellow. Limes are green. (unlike/similarly) b. Many families can live in an apartment building. Only one or two families usually live in a house. (in contrast/ like) c. In Dubai, people at a lot of rice. Korean families serve rice at most meals. (similarly/in contrast) d. Rome is rich in history. Athens has thousands of years of civilization. (like/ in contrast) 3. Choose the correct word. [3] a. (Many/ a lot of) creativity is necessary for certain types of technology jobs. b. Though she was unwell, she played the match (enthusiastic/ enthusiastically/enthusiasm). c. The vegetables that had been stored too long were (intense/ brilliant/ spoiled). Group “B” Short Answer Questions: [6 5 = 30] 4. Salman Rusdie says, “Defiance is an inevitable and essential aspect of what we call freedom”. Do you agree with him? (Salman Rusdie: A 1996 Commencement Speech) 5. “Marriage is a Private Affair” revolves around the conflict between Nnaemeka and his father. Explain. (Chinua Achebe: Marriage is a Private Affair) 6. What is the moral lesson of “The Brave Little Parrot” and “Yudhisthira’s Wisdom”? 7. Interpret the poem “Stopping by Woods on a Snowy Evening”. 8. Do you agree with Nissani’s view “Education is supremely valuable”? Why or why not? (Moti Nissani: Why Go to University) 9. Sketch the character of Max-Kelada in “Mr. Know-All”. Group “C” Comprehensive Answer Questions: 10. 11. [2 10 = 20] Apply Four Levels of reading a text to “The Lunatic”. Retell the plot of a story, novel, or movie. Who were the characters? What problems did they face? Describe the events. How were the problems solved? What made the story so interesting to you? TRIBHUVAN UNIVERSITY FACULTY OF MANAGEMENT Office of the Dean 2015 Full Marks: 60 Time: 3 Hrs. BBM / Third Semester / FIN 311: Business Finance Candidates are required to answer all the questions in their own words as far as practicable. Group “A” [6 1 = 6] Brief Answer Questions: 1. What is investment decision? 2. List important instruments traded in money markets. 3. Why do we calculate free cash flows? 4. Represent in the time line – you buy a 2-year maturity bond at Rs 1,000; the bond pays 10 percent coupon interest semiannually. 5. How do we compute percentage return on investment? 6. Draw the security market line. Group “B” Descriptive Answer Questions: [6 3 = 18] 7. Describe the role of financial manager in a firm. 8. Makalu Transport Ltd. earned Rs 10 million taxable income in the fiscal year 2013/14. What is its tax liability if the corporate tax rate applicable to this company is 25 percent? What is marginal tax rate? [2+1] 9. Miss Shanta can save Rs 5,000 annually for five years and invest at 8 percent. How much she will receive at the end of 5th year? 10. Nepal Bank Ltd. pays 8 percent interest, compounded quarterly, on its money market account. The manager of Rastriya Banijya Bank wants its money market account to equal Nepal Bank's effective annual rate, but interest is compounded on a monthly basis. What quoted rate must Rastriya Banijya Bank set? 11. Bond issued by Himalayan Finance Company was selling at a price of Rs 1,500 on July 16, 2013. Coupon amount of this bond is Rs100 payable annually. Neeta purchased this bond on July 16 and sold it for Rs 1,480 on July 15, 2014. What was total yield on her investment? 12. Jyoti Spinning Mills is planning to issue 10 percent preferred stock with a par value of Rs100. Company is confident that it will sell new preferred stock at par value. It will incur 2.5 percent floatation cost. Average corporate tax of Jyoti Mills is 25 percent. What will be the cost of preferred stock? Why we do not adjust corporate tax while calculating cost of preferred stock?[2+1] Group “C” Analytical Answer Questions: (Any Four) [4 6 = 24] 13. "Financial institutions have key role in fund transfer." Critically explain this statement. 14. Suppose a loan of Rs 10,000 is to be repaid in four equal installments including principal and 10 percent interest per annum. a. What is the annual amount of installment to be paid off that includes both principal and interest? b. 15. Set up the loan immortalization table. [2+4] Stock X and Stock Y have the following historical returns: Year Stock X's Return Stock Y's Return 2009 (18%) (24%) 2010 44 24 2011 (22) (4) 2012 22 8 2013 34 56 a. What is the average rate of return for each stock during the five year period? b. What is the standard deviation of the return of each stock? c. If you held the portfolio consisting of 50 percent of Stock X and 50 percent of Stock Y, what would have been the realized rate of return on the portfolio in 2009 and 2013? [2+2+2] 16. Assume that the average firm in your company's industry is expected to grow at a constant rate of 6 percent and its dividend yield is 7 percent. Your company is about as risky as the average firm in the industry, but it has just successfully completed some R&D work that leads you to expect that its earnings and dividends will grow at a rate of 50 percent this year and 25 percent the following year, after which growth should match the 6percent industry average. The last dividend paid was Rs10. a. b. 17. What is the stock's terminal value? What is the value per share of your firm's stock? [3+3] On January 1, the total market value of the Kanchenjunga Company was Rs 60 million. During the year, the company plans to raise and invest Rs 30 million in new projects. The company's present market value capital structure, given below is considered optimum. Assume that there is no short-term debt. Debt Rs 30,000,000 Common equity Total capital 30,000,000 Rs 60,000,000 New bonds will have an 8percent coupon rate, and they will be sold at par. Common stock is currently selling at Rs 30 a share. Stockholders' required rate of return is estimated to be 12 percent, consisting of a dividend yield of 4 percent and an expected constant growth rate of 8 percent. The marginal corporate tax rate is 40 percent. a. What is the cost of debt? b. Assume that there is sufficient cash flow such that Kanchenjunga can maintain its present capital structure without issuing additional shares of equity. What is WACC? [2+4] Group “D” [4 3 = 12] Comprehensive Answer Questions: 18. Unilever Nepal Ltd. manufactures international quality home and personal care products, both for domestic and international markets. It is one of the leading manufacturers of fast moving consumer goods in Nepal. It is a public listed company and its shares are traded in the Nepal Stock Exchange. Company management wants to check its financial health of the current fiscal year relative to previous years. Suppose the company appoints you as a financial consultant to check its financial health especially its liquidity position, utilization of its assets, debt management, profitability and reflection of its performance in the capital markets. For the purpose of checking the financial health, company secretary has provided you the following financial information: 2 Balance Sheet as of July 15, 2014 (Rs in millions) Capital and Liabilities Current Year Previous Year Shareholders' fund Share capital 92.070 92.070 Reserve and retained earnings 303.944 266.359 Total 396.014 358.429 Trade and other payables 335.716 247.008 Long-term debt 207.990 179.442 Total 543.706 426.450 Total capital and liabilities 939.720 784.879 391.532 317.404 Receivables 97.063 64.775 Inventories 184.216 126.107 51.435 81.598 724.245 589.885 79.764 48.836 Net fixed assets 135.711 146.158 Total assets 939.720 784.879 1,524.901 1,244.727 Less: cost of goods sold 969.109 843.142 Gross profits 555.792 401.585 Housing funds 25.474 17.874 Distribution cost 46.322 44.111 Administrative overhead 43.587 41.725 Advertisement and promotional expenses 250.088 164.325 Total operating expenses 365.471 268.035 Operating profit 190.321 133.550 27.552 7.131 217.873 140.681 1.787 2.602 0.772 0.253 21.531 13.783 Profit before tax 193.783 124.043 Less: Income tax 53.000 30.876 140.783 93.167 255.231 256.055 Liabilities Assets Cash and bank balance Prepaid and advances Total current assets Investment Income Statement (Rs in millions) Sales Less: Operating expenses Add: Non-operating income Total income Less: Interest expenses Loss in sales of other assets Provision for staff bonus Net profit Statement of retained earnings and reserve (Rs in millions) Balance of previous year 3 Add: Net profit of this year 140.783 93.167 Available for appropriation 396.014 349.222 92.070 82.863 303.944 266.359 Less: Proposed dividend Transferred to balance sheet Additional information: Number of outstanding shares: 920,700 ordinary shares Share price Rs 1,600 on July 15 of current year and Rs 1,500 on July 15 of previous year. Depreciation for current year and previous year are Rs 16.874 million and Rs 20.256 million respectively. Questions: a. Calculate current ratio and acid test ratio. b. Calculate debt ratio and debt service ratio. c. Calculate the inventory turnover ratio, and total assets turnover ratio. d. Calculate profit margin ratio and return on total assets. e. Calculate price earnings ratio and market to book value ratio. f. On the basis of your calculation in (a), (b), (c), (d) and (e), write whether financial health of the company has been improved in current year. 4 TRIBHUVAN UNIVERSITY FACULTY OF MANAGEMENT Office of the Dean 2015 Full Marks: 40 Time: 2 Hrs. BTTM / First Semester / ITC 307: Computer and Information Technology Candidates are required to answer all the questions in their own words as far as practicable. The figures in the margin indicate full marks. Group “A” Brief Answer Questions: 1. What is digital computer? 2. Which device is used to type text in computer? 3. List names of two output devices. 4. What do you mean by primary storage device? 5. Name two buses used in computer system. 6. What is operating system? 7. What is computer network? 8. What is use of utility software? 9. Define Marketing information System. 10. What is spread sheet? [10 1 = 10] Group “B” [5 4 = 20] Short Answer Questions: 11. Differentiate between impact and non-impact printers. 12. Write the functions of central processing unit. 13. List pros and cons of computer network. 14. What features Financial Information System should have? 15. What are the uses of secondary storage devices Group “C” Comprehensive Answer Questions: 16. 17. [2 5 = 10] Explain different types of input and output devices that can be used by travel and tourism organizations. How travel and tourism industry benefit from computer network? Explain. Full Marks: 20 Pass Marks: 10 Time: 1 Hr. Lab Work Practical Exam Questions Using MS-Word [2 × 3 = 6] 1) Create a new document, type few paragraphs with few lines each. Give “this is exam” as header and page number 1 as “footer”, specify margin of this page as 1.5 inch, line spacing 1.5, font : Arial, font size: 12pt. 2) Draw following shape in same file after the paragraphs in the same file. hello This is it. Practical Exam Questions Using MS-Excel [8] 3) Create following table in worksheet named “exam” of file “exam 2015”. Product Name Qty Unit Price A 10 90 B 22 99 C 27 109 Total Total Amount a. b. c. d. Calculate total for each product Calculate total Amount Calculate the maximum unit price. Calculate average unit price. Practical Exam Questions Using MS-Power Point [6] 4) Make a presentation with four slide: Write one in first slide, two in second slide three in fourth slide and four in third slide. - Insert slide number Write following text as slide note for the first slide “this number is in correct”. Apply 3 seconds time for first slide and 4 seconds for the third slide before it automatically advance. Note: The observer will be appointed by FOM for practical examination to be conducted immediately after the completion of semester end examination in the respective campuses / colleges. The campuses / colleges are responsible to manage the practical examination. The campuses / colleges should print the Lab-work answer sheet of individual student and submit it to the FOM immediately the completion of the Lab-work examination.