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Code No: 220551

II-B.Tech. II-Semester Supplementary Examinations, April/May-2004

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MANAGERIAL ECONOMICS AND PRINCIPLES OF ACCOUNTANCY (Computer Science and Engineering) Time: 3 Hours Max. Marks: 70 Answer any FIVE questions All questions carry equal marks --1.

Discuss the nature and scope of Managerial economics.

2.

Discuss the utility of demand forecasting. forecasting method?

3.

Define a production function. Explain and illustrate isoquants and isocost curves.

4.

Sale of a product amounts to 20units per month at Rs.10 per unit. Fixed Overhear is Rs.400 per month and variable cost is Rs.6 per unit. There is a proposal o reduce prices by 10%. Calculate present and future PV Ratio. How many units must be sold to earn a target profit of present level.

5.

What is Accounting rate of return and Pay back period? Compare and contrast the two.

6.

“Perfect Competition results in larger output with lower price than a Monopoly”, Discuss.

7.

Define a Joint-stock Company and explain its basic features.

8.

Write short notes on the following and give appropriate examples a) Current ratios and Quick ratios b) Debtor- Turnover ratio and Inventory turnover ratio

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Code No: 220551 II-B.Tech. II-Semester ... Accounts

“Perfect Competition results in larger output with lower price than a Monopoly”, · Discuss. 7. Define a Joint-stock Company and explain its basic features.

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