Hi Friends,
We are very very happy to inform you all that Our PAVITHRA Academy CS Professional Financial, Treasury & Forex Management Material has covered 100% of the June 2013 Exam Question Paper.
Please check
Q.1 Comments
(i) Discussed in Classroom under Chapter 1. Nature & Scope of FM,
(ii) Covered under technical tools of Capital Budgeting
Hint: At IRR, NPV = 0
(iii) Covered under Chapter 13. Theory - Treasury Management -Q. 32
(iv) Discussed in Classroom under Chapter 4. Capital Structure Decisions
(v) Covered under Chapter 2. Sources of Finance - Q. 4
Q.2 (a) Dividend Policy
Same Conceptual Question under Chapter 3. Dividend Decisions Q.4
using formula MPo = D1 / (Ke –g)
Hint: Ke = 1 / P/E ratio.
Q. 2 (b) Working Capital Management & Control
Same Question under Chapter 8. Working Capital – Receivables Management Q.14
(Using Cost Benefit Analysis)
Hint: Average Debtors = CoGS/ DTR
Q. 2 (c) Captial Structure Decisions
Same Question under Chapter 4. Capital Structure Decisions – Leverages Q. 14
Hint: Total Assets Turnover Ratio = Turnover /Total Assets
Q.3 (a) Working Capital Management & Control
Same Question under Chapter 8 – Inventory Management E/Q.3
Hint: EoQ = 2AO/C
Q.3 (b) Capital Structure Decisions
Same Conceptual Question under Chapter 3 – EBIT/EPS Analysis - Indifference Point Q.6
Q.4 Differences
(i) Covered under Chapter 1. Nature & Scope of FM - Q.7
(ii) Discussed under Chapter 7. Forex Management – Internal Hedging Tools
(iii) Covered under Chapter 13 Theory – Derivatives Q.18
(iv) Discussed in Classroom under Chapter 9. Portfolio Management
(v) Covered under Chapter 7. Forex Management – Theoretical Relationships
(IRPT & PPPT)
Q.5 (a) Dividend Policy
Same Question under Chapter 3. Dividend Decisions Q.10
Using Formula nPo = {(n+m) P1 – I1 + X1 } / (1+Ke)
Q.5 (b) Derivatives & Commodity Exchanges
Same Question under Chapter 6. Derivatives – Q. 16 Hedging with Futures Contract
Hint: No. of Future Contracts =
Q.5 (c) Forex Management
Same Question under Chapter 7. Forex Management – Arbitrage E/Q. 24.
Hint: Buy INR, Convert to GBP & then Convert to USD. Net gain in USD $1.13 Lakhs
Q.6 Working Capital Management & Control
Same Question under Chapter 8 – Estimation of Working Capital -
E/Q.4 Tandon Committee Norms
Hint: Net Working Capital – Rs. 46,95,990 ; MPBF = Rs. 33,20,125 & CR = 1.33
Q.7 Short-Notes
(i) Covered under Chapter 2. Sources of Finance - Q.6
(ii) Covered under Chapter 7. Forex Management – Currency Risk
Hint: Transaction & Translation Risks
(iii) ATL – Transfer Pricing
(iv) Discussed in Classroom under Chapter 9. Portfolio Management
(iv) Covered under Chapter 13 Theory – Project Planning Q.9 Hint: ERR, DRC & ERP
(v) Covered under Chapter 2. Sources of Finance - Q.10 Sec.79A of Companies Act
CAclubindia
