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JAIIB-AFB-CASE STUDIES/NUMERICAL QUESTIONS


A company is forced to sell its product at Rs. 90 due to competition, which it had been selling at Rs.100 earlier. There is no change in the variable cost. Previously the Break even point units were 2000 and now 2667. What is the variable cost, if fixed cost is Rs. 80000/-?

a. Rs 60
b. Rs 50
c. Rs.40
d. Rs.30

Ans - a
.............................................

A firm sells 4000 units and earns profit of Rs. 80000. If fixed cost is Rs. 60000, what is the break even no. of units?

a. 2000
b. 2500
c. 3000
d. 3500

Ans - c
.............................................

In a Balance Sheet amount of total assets is Rs. 10 lac, current liabilities Rs. 5 lac and capital and reserves Rs. 2 lac. What is thefunded debt equity ratio......

a. 1:1
b. 1.5:1
c. 2:1
d. None of the above

Ans - b
.............................................

Funded Debt equity ratio is 3:1 and the amount of total assets Rs. 20 lac, Current Rtio is 1.5:1 and owned funds Rs. 3 lac. What is amount of current assets?

a. Rs. 5 lac
b. Rs. 3 lac
c. Rs. 12 lac
d. None of the above

Ans - c
.............................................

Profit to sales is 2% and amount of profits is Rs. 5 lac. What is the amount of sales?

a. Rs. 200 lac
b. Rs. 250 lac
c. Rs. 270 lac
d. Rs. 300 lac

Ans - b
.............................................

In respect of a firm having fixed cost of Rs. 160000 and variable cost Rs. 20 per unit, what is the amount of selling price, if break even no. of units is 4,000?

a. Rs. 20
b. Rs. 40
c. Rs. 60
d. Rs. 80

Ans - c
.............................................

Funded Debt equity ratio is 2:1 and owned funds Rs. 2 lac. Amount of total assets Rs. 10 lac. What is current ratio if the fixed assets are of Rs. 4 lac?

a. 1:1
b. 1.9:1
c. 1.5:1
d. None of the above

Ans - c
.............................................

Sales - Rs. 110000, Gross profit - Rs. 35000, Net loss - Rs. 7500. Find Operating expenses.

a. 27500
b. 42500
c. 68500
d. 75000

Ans - b

.............................................

Amount of sales is Rs. 50 lac and stock turnover is 10. Amount of opening stock is Rs. 4 lac. What will be amount of closing stocks?

a. Rs. 3 lac
b. Rs. 6 lac
c. Rs. 9 lac
d. None of the above

Ans - b
.............................................


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