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.