MayJune 2010
MayJune 2010
13. (a) (i) Write briefly on the limitations of financial statements. [Marks 8]
(ii) Give the meaning of Ratio analysis and its significance. [Marks 8]
Or
(b) (i) What are the steps involved in Net Present Value Method(NPV)? [Marks 8]
(ii) Explain Pay Back method in detail. [Marks 8]
14. (a) (i) Write a note on cost-oriented pricing. [Marks 10] (ii) Explain common pricing
practices in Retail Trade. [Marks 6]
Or
(b) (i) Describe price Discriminations. [Marks 7]
(ii) Explain the limitations of the Marginal cost pricing. [Marks 9]
15. (a) (i) Write a short note on Isoquant and its types. [Marks 10]
(ii) Elucidate the returns to scale. [Marks 6]
Or
(b) (i) Describe cost of production in the long run average cost curve. [Marks 8]
(ii) What are the factors affecting production function? Discuss. [Marks 8]