Jawaharlal Nehru Technological University Hyderabad
Jawaharlal Nehru Technological University Hyderabad B.Tech II MANAGERIAL ECONOMICS AND FINANCIAL ANALYSIS Previous Question Paper (May - 2019 - R13)
Note: This question paper contains two parts A and B. Part A is compulsory which carries 25 marks. Answer all questions in Part A. Part B consists of 5 Units. Answer any one full question from each unit. Each question carries 10 marks.
PART A
Answer the following:
Scope of Managerial Economics.
Answer
The scope of managerial economics includes demand analysis and forecasting, production and cost analysis, pricing decisions, profit management, capital management, and linear programming or decision theory applied to business operations.
Types of Elasticity.
Answer
The main types of elasticity are: 1) Price Elasticity of Demand (responsiveness of quantity demanded to price changes), 2) Income Elasticity (responsiveness to changes in consumer income), and 3) Cross Elasticity (responsiveness of demand for one good to price changes in another related good).
Isoquants and Isocosts.
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Internal and External Economics.
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Types of Competition.
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Partnership.
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Significance of Capital.
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Types of capital.
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Journal and Ledger.
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DuPont Chart.
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PART B
Describe the nature of Managerial Economics.
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What is demand? Explain the law of demand and its exceptions.
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Define Elasticity of demand and explain its measurement.
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Explain the importance of demand forecasting and describe the factors governing demand forecasting.
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Explain the concepts of MRTS and describe least cost combination of inputs.
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Examine the salient features of Cobb-Douglas Production function.
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Briefly explain the laws of returns.
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What is break - even analysis? And explain its application value.
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Explain the salient features of Perfect competition.
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Describe the price-output determination in Perfect competition.
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Explain the objectives and Policies of Pricing.
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Briefly explain the salient features, merits and demerits of joint stock companies.
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Explain the process of estimation of fixed and working capital requirements.
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Explain the salient features of capital budgeting proposals.
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Briefly explain different methods of capital budgeting.
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Whether a machine having following particulars must be purchased or not:
Expected return in first year = Rs. 2400
Expected return in second year = Rs. 1600
Expected return in third year = Rs. 1400
Salvage value at the end of third year = Rs. 400
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Explain the importance of Financial Accounting and describe the importance of Double-Entry book Keeping.
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Describe the significance of financial analysis and examine the interpretation of different liquidity ratios.
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From the following Trail balance, prepare a Trading, Manufacturing and Profit and Loss Account and Balance Sheet as on 31-12-1999.
| Particulars | Amount (Rs.) | Amount (Rs.) |
|---|---|---|
| Stock on 01-01-1999 (Raw Materials/WIP/Finished Goods) | 2,000 / 5,000 / 10,000 | - |
| Manufacturing Wages | 10,000 | - |
| Purchasing of Raw Materials | 30,000 | - |
| Factory Rent | 5,000 | - |
| Carriage of Raw Materials | 3,000 | - |
| Salary of the Works Manager | 2,000 | - |
| Office Rent | 2,000 | - |
| Printing & Stationery | 1,000 | - |
| Bad Debts | 1,000 | - |
| Sales | - | 60,000 |
| Land Buildings | 30,000 | - |
| Plant and Machinery | 20,000 | - |
| Depreciation on Plant | 2,000 | - |
| Sundry Debtors | 5,000 | - |
| Sundry Creditors | - | 30,000 |
| Cash in Hand | 5,000 | - |
| Capital | - | 43,000 |
Adjustments: a) Stock as on 31.12.1999 (Raw Materials 5,000; Works in progress 10,000; Finished goods 15,000) b) Write off bad debts Rs. 500.
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