NMIMS Assignments: September 2020: Contact us for answers at assignmentssolution@gmail.com

 

NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Financial Accounting & Analysis
Internal Assignment Applicable for September 2020 Examination
Assignment Marks: 30

1. With the given information prepare the statement of Profit and Loss of the company in
vertical format.
TABLE BELOW

 

Depreciation and amortisation expenses	295600
Purchase of stock in trade	10450
Employees benefit costs	959139
Other expenses	565000
Revenue from sale of product	5000000
Other operating revenues	2500000
Cost of material consumed	1050000
Finance cost	525000

Also share your opinion on the statement – “Revenue from operations and earnings
before interest, taxes, depreciation and amortization differs from each other”. How?
(10 Marks)

2. Cash flow statement is different as it classifies financial information into three major
heads which allow the stakeholders in effective decision making. Discuss the broad
heads as defined under AS 3 cash flow statement. What can be the potential benefits of
preparing a cash flow statement? Elaborate
(10 Marks)

3. These selected condensed data are taken from a recent balance sheet of Sambhav
Realities (Rs in crores)

PARTICULARS	AMOUNT
Cash	29.3
Debtors	20.5
Inventory	28.7
Prepaid expenses	24
Outstanding payments	15.5
Trade payables	30.7
Unpaid taxes	25
Loan taken for construction of building for 11 months	50

a. Discuss about current assets and current liabilities, classify the above into current
assets and current liabilities (5 Marks)
b. Calculate the working capital and current ratio (5 Marks)
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NMIMS Assignments September 2020: Contact us for answers at assignmentssolution@gmail.com

 

NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Business Statistics
Internal Assignment Applicable for September 2020 Examination
Assignment Marks: 30

1. The sales figures of two firms (in million Rs.) calculated over a period of time are as
follows:

Firm A	120	100	110	80	90	70	50	60	40
Firm B	50	40	60	90	80	70	110	100	120

 

 

a. Find mean and standard deviation of both the firms and interpret the same.
b. Which firm has better performance? How do you analyze the performance in this case?
c. If you need to invest in a firm then which firm would you choose and why?
(10 Marks)
2. The Manager wants to fix income of employees for production department. The past
data on 8 incomes with the experience is shown below

Experience (in years)	10	12	6	7	10	8	1	5
Income (in thousands)	25	28	17	18	24	21	10	16

 

a. Find the correlation between the experience and income.
b. Determine the coefficient of determination and interpret it.
c. Estimate the monthly salary for a person having 14 years of experience by assuming
the linear relation between the two variables.
(10 Marks)

3. The weekly demand of a cell phone shop is following the normal distribution with
average number of cell phones sold is 200 units and it has also been found that 90% of
time the demand is lying less than 220 units.
a. Using this information find the standard deviation of the distribution.
(5 Marks)
b. Determine the lowest stock that the company should maintain so that the probability of
shortage is not higher than 5%. (5 Marks)
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