OCTOBER 2018 Sub. Code: 5023
MASTER OF HOSPITAL ADMINISTRATION EXAMS
(Candidates admitted in 2017-2018)
FIRST YEAR
PAPER III FINANCIAL AND MANAGEMENT ACCOUNTING
IN HEALTHCARE
Q.P. Code 435023
Time Three hours Maximum 100 Marks
I. Elaborate on: x 20 40)
1. From the following information of Alex Enterprises Prepare Trading, Profit and Loss and
Balance Sheet as on 31.12.2014.
Particulars Rs.
Land and Building 42,000
Capital R62,000
Machinery 20,000
Sales 98,780
Patents 7,500
Returns Outwards 500
Opening Stock 5,760
Creditors 6,300
Debtors 14,500
Bills payable 9,000
Purchases 40,675
Cash in hand 3,170
Return inwards 680
Wages 8,480
Fuel 4730
Carriage on sales 3,200
Carriage on purchases 2,040
Salaries- 15,000
General Expenses 3,000
Insurance 600
Drawings 5,245
Adjustments
• Stock on 31/12/15 was Rs.6,800
• Salary outstanding Rs.1,500
• Insurance Prepaid Rs.150
• Depreciate Machinery at 10% and Patents at 20%
• Create a provision of on debtors for bad debts.
2. Elaborate the advantages and limitations of ratio analysis.
II. Write notes on: (10 x 6 60)
1. What are tools and techniques of management accounting?
2. Explain the different types of budgets.
3. The following figures of sales and profit for 2 periods are available in respect of LL
Enterprises.
Sales Profit
Period I 140000 15000
Period II 160000 20000
You are required to find out .
P/V Ratio.
Fixed cost.
Sales required to earn a profit of Rs.40000.
4. Explain net present value method.
5. Total Sales Rs. 500000, Cash sales Rs.40000, Sales returns Rs.20000, Debtors
Rs.80000, Bills receivable Rs.20000 Calculate debtor's turnover ratio and Average
collection period.
6. What do you mean by rights issue of shares?
7. Write a note on Receivables management.
8. A Project cost Rs.100000 and yields a profit if Rs.16000 after depreciation at 12% p.a
but before tax at 50% calculate payback period.
9. Explain debt financing.
10. Write a note on cash flow statement.