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CONTENTS Chapter 1 Nature and Significance of Management Chapter 2 Principle of Management Chapter 3 Business Environment Chapter 4 Planning Chapter 5 Orgainsing Chapter 6 Staffing Chapter 7 Directing Chapter 8 Controlling

Short Question's Solution (Mark 1,2) 1. Who is the poet of the poem, ‘ A Thing of beauty’? Answer: John Keats, a British Romantic poet, is the poet of the poem, ‘A Thing of Beauty’. 2. From which poem ‘ A Thing of beauty’ is an excerpt ? Answer: ‘ A Thing of beauty’ is an excerpt of John Keats poem ‘Endymion : A Poetic Romance’. 3. What according to poet never passes into nothingness? Answer: A Thing of beauty is seen as a joy forever. 4. What should we do every morning? Answer: Every morning we should weave a wreath through the beautiful things of nature. 5. What is the lovelier then the lovely tales heared by us? Answer: Our earth, Which is the source of all beautiful things, is lovelier than those lovely tales that we have heard.

1. Who is the writter of 'Going Places' ? Answer: A. R. Barton is the writter of 'Going Places'. 2. Write the two friends name in the story 'Going Places'. Answer: In the story 'Going Places', the two friends are Sophie and Jansie. 3. Who is Derek? Answer: Derek is Sophie's little brother. 4. Who is Geoff? Answer: Geoff is Sophie's elder brother. 5. Which is the only occasion that Sophie gets to see Danny Casey in person? Answer: The only occasion that Sophie gets to see Danny Casey in person is in the football matches. 6. What is a wharf? Answer: A wharf is a dockside. 7. What kind of appearance did Casey have, according to Sophie? Answer: According to Sophie Danney Casey was tall with a strong dark face. 8. Where did Sophie's father go to celebrate? Answer: Sophie's father went to the pub to celebrate. 9. Who is Jansie? Answer: Jansie is Sophie's Classmate and friend? 10. With whom did Sophie Share her secrets? Answer: Sophie sh

Q.6.  Prepare a Common Size balance sheet from the following balance sheet of Aditya Ltd. and Anjali Ltd.: Particulars Aditya Ltd. (Rs.) Anjali Ltd. (Rs.) I. Equity and Liabilities     a) Equity share capital 6,00,000 8,00,000 b) Reserves and surplus 3,00,000 2,50,000 c) Current liabilities 1,00,000 1,50,000 Total 10,00,000 12,00,000 II. Assets     a) Fixed assets  4,00,000 7,00,000 b) Current assets  6,00,000 5,00,000 Total 1,00,0000 12,00,000 SOLUTION Common size Balance Sheet Particulars Aditya Ltd.   (Rs.) Anjali Ltd.    (Rs.) Aditya Ltd.   (Rs.) Aditya Ltd.   (Rs.) I. Equity and Liabilities       1. Shareholder’s Fund        (i) Equity Share Capital 6,00,000 8,00,000 60 66.67 (ii) Reserves and Surplus 3,00,000 2,50,000 30 20.83   2. Current Liabilities 1,00,000 1,50,000 10 12.5 Total 10,00,000 12,00,000 100 100 II. Assets       1. Non-Current Assets       (i) Fixed Assets 4,00,000 7,00,000 40 58.33     2. Current Assets 6,00,000 5,00,000 60 41.67 Total 10,00,000 12,00,000 100 100

Q.5.Prepare common size statement of profit and loss of shefali ltd. with the help of following information. Particulars 2015-16 2016-17 Revenue from operations 6,00,000 8,00,000 Indirect expenses 25% of gross profit 25% of gross profit Cost of revenue from operations 4,28,000 7,28,000 Other incomes 10,000 12,000 Income tax 30% SOLUTION Particulars Note   No. 2015-16 (Rs.) 2016-17 (Rs.) Percentage of   Sales ( 2015-16 ) Percentage of   Sales ( 2016-1 7) 1. Revenue from Operations   6,00,000 8,00,000 100 100 2. Other Income   10,000 12,000 1.67 1.5 3.  Total Revenue (1 + 2)   6,10,000 8,12,000 101.67 101.5 4.  Expenses         (i) Cost of Revenue from Operations (COGS)   4,28,000 7,28,000 71.33 91 (ii) Other Expenses   43,000 18,000 7.17 2.25 Total Expenses   4,71,000 7,46,000 78.5 93.25 5.  Profit before Tax (3 – 4)   1,39,000 66,000 23.167 8.25 Less: Income Tax   (41,700) (19,800) 5.35 6.  Profit After Tax   97,300 46,200 16.22 5.775 Working Notes: Calculation for Other Expenses Othe

Q.4.  Prepare Comparative Income Statement from the Following Information: Particulars 2015-16 2016-17 Manufacturing expenses 35,000 80,000 Opening stock 30,000 60% of closing stock Sales 9,60,000 4,50,000 Returns outwards 4,000(out of credit purchase) 6,000(out of cash purchase) Closing stock 150% of opening stock 1,00,000 Credit purchases 1,50,000 150% of cash purchase Cash purchases 80% of credit 40,000 Carriage outward 10,000 30,000 Building 1,00,000 2,00,000 Depreciation on building 20% 10% Interest on bank overdraft 5,000 _ 10% debenture 2,00,000 2,00,000 Profit on sales of copyright 10,000 20,000 Loss on sale of personal car 10,000 20,000 Other operating expenses 20,000 10,000 Tax rate 50% 40%   SOLUTION Comparative Income Statement for the years ended March 31, 2016-2017  Particulars Note No. 2015-16   (Rs.) 2016-17   (Rs.) Absolute    Change Percentage   Change  1. Revenue from Operations   9,60,000 4,50,000 (5,10,000) (53.13) 2. Other Income   10,000 20,000 10,000 100 3.  Tot