Arvind Banakar

NMIMS BBA – B.Com Cost and Management Accounting Solved Answer Assignment

NMIMS BBA – B.Com Cost and Management Accounting Solved Answer Assignment Ans : Cost and Management Accounting NMIMS BBA – B.Com Cost and Management Accounting Solved Answer Assignment The two major methods of costing are product costing and service costing. These two terms can be used interchangeably, but product costing is more often used in the business world. Service cost-accounting, on the other hand, is more common in the nonprofit world. Discuss any four points of difference between Service Costing and Product Costing. Share one example from the business world about any specific industry or Company using service costing or product costing Ans : Introduction: Costing plays a crucial role in both business and nonprofit organizations, with product and service costing being the primary methods. While these terms are sometimes used interchangeably, they are notable differences. NMIMS BBA – B.Com Cost and Management Accounting Solved Answer Assignment Concept & Application Product Costing: Product costing is a method organizations use to determine the cost of manufacturing or producing tangible goods. It involves allocating costs to individual product units, enabling the organization to calculate the cost of goods sold, evaluate profitability, and make informed pricing decisions. The main components of product costing include direct materials, direct labor, and manufacturing overhead. Direct materials: These are the raw materials or components that directly go into the production of the product. Each unit’s direct materials cost is allocated based on the quantity used. Direct labor includes the wages or salaries paid to the workers directly involved in the manufacturing process. The direct labor cost is assigned to each unit by calculating the hours or minutes spent on production. Conclusion: In conclusion, product and service costing are two distinct methods used to determine the costs associated with manufacturing tangible goods and providing intangible services. They differ in output, inventory management, cost object, and pricing strategy. While product costing is prevalent in the business world for tangible goods, service costing finds greater relevance in the nonprofit sector and industries providing services. NMIMS BBA – B.Com Cost and Management Accounting Solved Answer Assignment Calculate the following components from the given data for the yearly production Prime Cost Work cost Cost of Production Cost of sales Selling Value (5 marks for 5 components plus 1 mark for correct statement of cost) Number of units produced per month 1500 Cost of raw material consumed per month 36000 Labour cost incurred on a monthly basis 9000 Factory overhead incurred per month 54000 Office overhead per month 45000 Selling expenses paid per month 72000 Rate of profit 20% on the selling value Discuss and define the following related terms – cost head – 4 marks Prime cost Cost of Production Cost of Goods Sold Cost of sales Ans : Introduction: NMIMS BBA – B.Com Cost and Management Accounting Solved Answer Assignment To calculate the components, we’ll use the given monthly data and multiply it by 12 to obtain yearly values. Concept & Application Prime Cost: Prime cost refers to the direct costs incurred in the production of goods. It includes the cost of raw materials and direct labor. Prime Cost = Cost of Raw Material Consumed + Labor Cost Incurred Given data: Cost of raw material consumed per month = 36,000 Labor cost incurred on a monthly basis = 9,000 Prime Cost = (36,000 * 12) + (9,000 * 12) Prime Cost = 432,000 + 108,000 Prime Cost = 540,000 In summary, Cost of Sales is a financial metric that measures the direct expenses associated with the production or acquisition of goods or services sold by a company. It plays a vital role in determining the gross profit and gross margin, offering insights into the efficiency and profitability of a business’s core operations. Following is the cost for 500 units of bottles manufactured per month. Material 4500 Labour 1500 overheads 500 Normal waste in the process is 13% of the input a. Prepare process account. (5 Marks) (2 marks for identifying the final products manufactured and their total price +1 mark for identifying normal loss +2 marks for preparing the account) Ans : Introduction: A process account, also known as a production account or manufacturing account, is a financial statement used to track the costs incurred and output produced during a manufacturing process. It helps businesses analyze the costs involved at each stage of production and evaluate the efficiency of their manufacturing operations. Concept & Application Elaborating on the concept of a process account, here are some key points to consider: Purpose: The main purpose of a process account is to summarize and record the costs incurred in each stage of the production process, from the opening stock of raw materials to the final output. It provides a detailed breakdown of the various cost elements and helps in analyzing the overall cost of production. Conclusion In the above account, we start with the opening stock (if any), add the material purchased, and calculate the total cost available. The closing stock is subtracted to calculate the material consumed. Direct labor and overhead costs are added to determine the total cost incurred. The normal loss is deducted from the total cost incurred to arrive at the cost of the final output (bottles). Discuss any three components identified in this process account. Also, calculate the cost per unit (3+2marks) Ans : Introduction: In the given scenario, the process account for manufacturing 500 units of bottles per month includes various components. Let’s discuss three components identified in this process account: Concept & Application Material: The cost of materials is an essential component in the manufacturing process. In this case, the material cost is mentioned as 4500 units. This cost represents the expenses incurred in procuring the necessary raw materials required for manufacturing the bottles, such as plastic, caps, labels, etc. Conclusion: Since the adjusted units are negative, it indicates that the process has resulted in a loss of 85 units. Therefore, in this particular scenario, the cost per unit cannot be calculated accurately without

NMIMS BBA – B.Com Cost and Management Accounting Solved Answer Assignment Read More »

NMIMS BBA – B.Com Corporate Finance Solved Answer Assignment

NMIMS / Arvind Banakar

NMIMS BBA – B.Com Corporate Finance Solved Answer Assignment Ans : Corporate Finance NMIMS BBA – B.Com Corporate Finance Solved Answer Assignment Q 1. The following information is made available in respect of a company Equity Capitalization rate15% Earnings per share.20 Assuming a rate of return to be (i) 10% and (ii) 20%. Using Walter’s Model calculates the market price per share if the dividend Payout were (i) 0% (ii)25% (iii)50 % (iv)75% and (v) 100% In each case. (10 Marks) – ANS: Introduction The formula for Walter’s Model is straightforward. It is intended to separate the expected earnings per portion by the required return rate and then subtract the current worth of the predictable future dividends. The present worth of the predictable future dividends is calculated by multiplying the expected dividend per share by the expected dividend payout ratio and dividing it by the obligatory degree of interest. NMIMS BBA – B.Com Corporate Finance Solved Answer Assignment Concepts and Applications Walter’s Model calculates the marketplace price per part of a company based on its expected dividend payout ratio, salaries per part & the required degree of profit by the investors. The formula for Walter’s Model is as follows: P0 = E / Ke – D(1 – payout ratio) / Ke Where, P0 = Market price per share E = Earnings per share Ke = Equity Capitalization rate D = Dividend per part Payout proportion = %age of salaries remunerated out as bonuses Given information: Conclusion Investors should be aware of some limitations of Walter’s Model. Firstly, the Model assumes that the company’s earnings are constant, which may not be true in the real world. Secondly, the archetypal undertakes that the disbursement payout ratio remains continuous with time, which might not be the case in the real world, as companies may change their dividend policies occasionally. Thirdly, the Model assumes that the obligatory degree of profit by investors is constant, which may not be the circumstance in the actual domain, as the required rate of return may fluctuate depending on various economic and market conditions. NMIMS BBA – B.Com Corporate Finance Solved Answer Assignment Q 2. A company currently sells its goods on credit. The average collection period is 45 days. It presently sells 2, 00,000 units at Rs.40 per unit. The variable cost per unit is Rs.30 and the average cost per unit is made within 10 days. is Rs.35.It is considering offering a cash discount of 1% if payment is made within 10 days? In such a case sales are expected to increase to 2, 50,000 units, and the average collection period is expected to fall to 30 days. Assuming that 50% of debtors in terms of value will avail of the cash discount and the expected rate of return on investment is 30% should the proposed discount be offered? (10 Marks) ANS: Introduction A higher discount percentage may attract more customers but also reduce the profit margins significantly. The target audience is another important factor to consider while analyzing discounts. Different customer segments may have varying price sensitivities, and therefore, businesses need to tailor their discount strategies to meet each segment’s needs. For example, offering discounts to high-value customers may lead to better customer retention, while offering discounts to low-value customers may not significantly impact revenue. NMIMS BBA – B.Com Corporate Finance Solved Answer Assignment Concepts and Applications To analyze the proposed cash discount, we need to compare the costs and benefits of offering the discount. First, let’s calculate the current situation without the cash discount: Sales revenue = 2,00,000 x Rs.40 = Rs. 80,00,000 Variable cost = 2,00,000 x Rs.30 = Rs. 60,00,000 Contribution margin = Rs. 80,00,000 – Rs. 60,00,000 = Rs. 20,00,000 Average cost per unit = Rs. 35 Gross profit per unit = Rs. 40 – Rs. 35 = Rs. 5 Gross profit margin = Rs. 5/Rs. 40 = 12.5% Average collection period = 45 days Average accounts receivable = (45/365) x Rs. 80,00,000 = Rs. 9,89,041 Cost of capital = 30% Conclusion Businesses also need to consider the impact of discounts on customer satisfaction. Offering discounts may increase customer satisfaction, as customers perceive discounts as a sign of appreciation and value. However, offering discounts may also lead to negative perceptions, such as questioning the product or service’s quality or wondering why the product or service was initially priced higher. Q 3a. Explain the concept of the “Working Capital Cycle”. (5 Marks) ANS: Introduction The length of the Working Capital Cycle could have a significant influence on a company’s money flow & financial stability. If the cycle is too long, a company may struggle to meet its financial obligations and may need to rely on external financing to cover its expenses. Concepts and Applications The Working Capital Cycle is a crucial aspect of managing the financial operations of any business, whether large or small. It refers to the duration of the time period it proceeds for a business to change its savings in catalog, financial records receivable & other assets into cash and then use that cash to pay off its liabilities. Conclusion In conclusion, the Working Capital Cycle is a fundamental concept in finance that every business owner and manager should understand. By focusing on the three key cycle stages, companies can optimize their cash flow, reduce their financial risk, and improve their overall financial performance. Q3b. Amar Cable Corporation Ltd. is considering investing in Machine A The following information is made available Particulars Machine A Initial cost (Rs.) 10,00,000 CFAT each year (Rs,) 1st year 3,00,000 2nd year 3,50,000 3rd year 4,50,000 4th year 2,50,000 5th year 1,50,000 Salvage value at the end of 5 years 50,000 Determine the payback period of machine A. (5 Marks) ANS: Introduction The payback period is an important monetary metric utilized to evaluate the success of speculation. It represents the quantity of time period it

NMIMS BBA – B.Com Corporate Finance Solved Answer Assignment Read More »

NMIMS BBA – B.Com Corporate Accounting Solved Answer Assignment

NMIMS / Arvind Banakar

NMIMS BBA – B.Com Corporate Finance Solved Answer Assignment Ans : Corporate Accounting NMIMS BBA – B.Com Corporate Accounting Solved Answer Assignment Q1. XYZ Ltd issued 10,000, 10% debentures of Rs.100 each on 1st January 2020. The debentures are redeemable at a premium of 10% after 3 years from the date of issue. On 31st December 2022, the company decided to redeem the debentures. Prepare the necessary journal entries and the balance sheet extract for XYZ Ltd as on 31st December 2022. (10 Marks) SOLUTION: Introduction: NMIMS BBA – B.Com Corporate Accounting Solved Answer Assignment Debentures are a form of loan taken by the company which must be repaid in the specified manner on a given date. Generally, the repayment period and debentures’ mode of repayment is provided in the prospectus at the time of issue. Redemption of debentures refers to the repayment of debentures. It is the process of discharge of debenture repayment liability by the company. Concept and application: Debenture Redemption Reserve (DRR) When a company issues debentures, it shall create an account named debenture redemption reserve. It shall transfer funds to it out of its otherwise distributable profits, and the company shall not utilize such amount except for the redemption of debentures. Section 71(1) of the Companies Act 2013 mandates the creation of a debenture redemption reserve to ensure that the company has enough funds to redeem its debentures when required. Debentures can be redeemed: At Par At Premium At discount Conclusion: Companies issue debentures to meet their requirements for funds. They form a part of the capital structure of the company. Since debentures have characteristic features the same as a loan (as they must be repaid and carry an interest), they are shown on the liability side of the company. Q2. The extract of the balance sheet of XYZ Ltd as at March 31, 2022, shows the following: The market value of XYZ Ltd’s total assets as of March 31, 2022, is Rs. 25, 00, 00,000. The company has 8, 00,000 equity shares issued and outstanding. Calculate the value of each equity share of XYZ Ltd using the net asset method. (10 Marks) Solution: Introduction: The process of determining the value of a share is known as share valuation. It involves determining a business’s value based on its share capital. Share valuation helps in determining and evaluating a company’s net worth. Conditions under which share valuation may be preferred. A company may seek a valuation of its shares under the following conditions: Sale of business Acquisition of a loan against shares or securities Mergers, demergers, acquisitions, or reconstruction of the business Concept and application: Types of share valuation Share valuation is of two types. These are: Absolute valuation- An absolute valuation is required to determine the intrinsic value of a share. It is calculated based on fundamental business aspects such as dividends, cash flow, etc. Relative valuation- This method involves using techniques like ratio analysis to determine a stock’s value compared to its competitors in the industry. Conclusion: The value of each equity shares of XYZ Limited using the net asset value is ₹2.25. Q3. A) Assume you are a financial analyst working for a company in India. Your company is considering acquiring another company and wants to determine the value of its goodwill using the super profit method. The financial data of the target company for the past five years is available to you. Using this data, calculate the value of goodwill using the super profit method. (5 Marks) Solution: Introduction: NMIMS BBA – B.Com Corporate Accounting Solved Answer Assignment Goodwill represents the brand value of the reputation of a business. It is usually calculated during acquisitions, mergers, demergers, or any other business combination. There are various methods of goodwill valuation. One such method is to determine the value of goodwill by calculating a super profit. Concept and application: The Super Profit Method calculates the goodwill of a business by comparing the company’s profit margins with that of similar businesses. Under this method, goodwill is calculated by multiplying super profits by the number of years of purchases. The formula to calculate goodwill is: Goodwill = Super Profit * Purchase Years The super profit method helps determine the goodwill of the business due to increased profits. NMIMS BBA – B.Com Corporate Accounting Solved Answer Assignment Steps to Calculate Goodwill The calculation of goodwill under the super profit method contains the following steps: Conclusion: Goodwill is an intangible asset. It cannot be seen or felt but can be purchased or sold. The value of goodwill in the above case using the super profit method is ₹500000. NMIMS BBA – B.Com Corporate Accounting Solved Answer Assignment Q3. B) How can a bank effectively manage its non-performing assets (NPAs) in the wake of economic uncertainty and changing regulatory requirements? (5 Marks) Solution: Introduction: The first phase of economic liberalization in 1991 completely reformed the banking industry. Earlier, the Indian banking sector was primarily focused on objectives like opening wide networks, rural development, priority sector lending, employment generation, etc. NMIMS BBA – B.Com Corporate Accounting Solved Answer Assignment Concept and application: Banks can adopt the following six strategies to manage their NPAs effectively. Accountability: Generally, a fresher or some junior executive is made accountable for lapses. But in reality, the loan decisions are taken by a senior-level committee. Thus, it is essential to make seniors accountable if banks need to tackle NPAs. Corporate Governance: Corporate governance in banks has yet to improve to the desired level even after the appointment Banks Board Bureau by the Central Government. Banks must look after these issues seriously and take steps to attract and retain the required talent. These issues must be resolved urgently. Conclusion: NPAs have become a big liability for banks and must be dealt with more strictness and caution. To get the complete answer/solution to this NMIMS assignment, you can contact Dr. Aravind Banakar’s Academic Writing Services. Dr. Aravind Banakar prepares two types of Assignments. General assignments

NMIMS BBA – B.Com Corporate Accounting Solved Answer Assignment Read More »

NMIMS BBA – B.Com Corporate & Information Technology Law Solved Answer Assignment

NMIMS / Arvind Banakar

NMIMS BBA – B.Com Corporate & Information Technology Law Solved Answer Assignment Ans : Corporate & Information Technology Law NMIMS BBA – B.Com Corporate & Information Technology Law Solved Answer Assignment Q1. In the “ease of doing business” index, indicates better, usually simpler, regulations for businesses and stronger protections of property rights. Discuss this concept, with the background of current company law regime in India (10 Marks) Ans : Introduction: The “ease of doing business” index measures the efficiency of a country’s regulations and procedures related to business activities. It reflects the difficulty or eases a business faces while starting and running its operations in a particular country. This index considers various parameters such as starting a business, getting permits, property registration, access to credit, protecting minority investors, paying taxes, cross-border trade, enforcing contracts, and resolving insolvency. Concepts and Applications: The “ease of doing business” index is an essential tool for businesses and governments to identify areas of improvement in regulatory frameworks. The index is published annually by the World Bank Group, which assesses 190 economies and provides rankings based on their scores. A high ranking on the index indicates a favorable business environment, which attracts domestic and foreign investments, leading to economic growth and job creation. Conclusion: In conclusion, the “ease of doing business” index is a crucial parameter for businesses and governments to assess a country’s regulatory environment. The higher the ranking, the more favorable it is for businesses to operate in that country. India has significantly improved its ranking on the index in recent years. NMIMS BBA – B.Com Corporate & Information Technology Law Solved Answer Assignment Q2. Ministry of Corporate Affairs has recently shifted its e-governance website to “version-3”. Discuss “e-goverance” in the background of the said website (10 Marks) Ans : Introduction: E-governance is a term that describes the implementation of information and communication technologies (ICT) to improve the effectiveness, openness, and responsibility of the procedures and services provided by the government. In order to provide improved digital services to many stakeholders, the website that the Ministry of Corporate Affairs uses for e-governance was recently upgraded to “version-3.” NMIMS BBA – B.Com Corporate & Information Technology Law Solved Answer Assignment Concepts and the Applications: E-governance is a notion that has gained popularity over the past few years as a result of the growing desire for openness, efficiency, and accountability in the activities that the government carries out. E-governance is providing individuals with government services using information and communications technology (ICT) resources such as the internet, mobile phones, and social media to make these services more accessible and user-friendly. E-governance has several potential applications, including in healthcare, education, taxation, and corporate affairs. Conclusion: E-governance is a notion that has fundamentally altered the method by which governments deliver their services to their respective populations. E-governance can potentially improve government efficiency, transparency, and accountability; hence, governments need to adopt this concept to improve the quality of the services they provide to their citizens. NMIMS BBA – B.Com Corporate & Information Technology Law Solved Answer Assignment Q3. Imagine you & your spouse are two shareholders as well as directors in a SME business formed as a private limited company. For your short term needs, you wish to raise deposits. a) Discuss benefits of raising deposits for an SME business. (5 Marks) Ans : Introduction: NMIMS BBA – B.Com Corporate & Information Technology Law Solved Answer Assignment As a shareholder and director in a private limited company, it is essential to consider the different funding options available to the business. One such option is raising deposits, which can help meet the short-term financial needs of the business. This essay will discuss the benefits of raising deposits for an SME business. Concepts and the Applications: Benefits of raising deposits for an SME business: Low-interest rates: Deposits are typically raised at lower interest rates than loans or other forms of debt. This can make it an attractive funding option for SMEs, which may not have the credit history or collateral to secure larger loans. Flexible terms: Deposits can be raised with flexible terms, which can be tailored to the needs of the business. For example, the deposit can be raised for a specific period, such as six months or a year, or it can be raised with a rolling maturity date. Conclusion: Raising deposits can be an attractive funding option for SMEs, providing flexible terms, low-interest rates, minimal collateral requirements, and less restrictive covenants. b) Explore the possibility of raising these funds from shareholders and public. (5 Marks) Ans : Introduction: Small and medium enterprises (SMEs) often need help raising capital for their business operations. Raising capital is crucial to running a business, and SMEs may need more options for raising funds. In this scenario, shareholders may consider investing in the business, or the company may consider raising funds from the public through deposits. Concepts and the Applications: One of the options for raising funds in an SME is through the shareholders. As a shareholder and a director in the company, consider investing in the business. This investment can be made in the form of equity or debt. If you decide to invest in the company, you will buy shares of the company, increasing your ownership in the business. As a shareholder, you will be entitled to a share of the profits as dividends. This investment will help the company raise capital and provide you with a return on your investment. Conclusion: In conclusion, raising funds is an essential aspect of running an SME. Shareholders and deposits from the public are two options for raising funds for the business. Each option has its advantages and disadvantages, and the decision to raise funds through either option depends on the business’s specific needs. To get the complete answer/solution to this NMIMS assignment, you can contact Dr. Aravind Banakar’s Academic Writing Services. Dr. Aravind Banakar prepares two types of Assignments. General assignments & Customized assignments. Both assignments are 100 % Plagiarism-free. Dr. Aravind Banakar is

NMIMS BBA – B.Com Corporate & Information Technology Law Solved Answer Assignment Read More »

NMIMS BBA – B.Com Consumer Behaviour Solved Answer Assignment

NMIMS / Arvind Banakar

NMIMS BBA – B.Com Consumer Behaviour Solved Answer Assignment Ans : Consumer Behaviour NMIMS BBA – B.Com Consumer Behaviour Solved Answer Assignment How is the shopping process in a supermarket on how household goods are purchased? From an example of your purchases and experiences, how do you decide what is to be purchased and how? (10 Marks) Ans: Introduction: Today, supermarkets have become the most viable source of shopping because they provide all the potential or demanded goods in one place. Hence, the consumer is not required to search and hunt for all the different things at different places. NMIMS BBA – B.Com Consumer Behaviour Solved Answer Assignment Concept & Application: If we go around a decade or so back, we witness the visit of customers to markets or supermarkets to purchase all the groceries, household products, sanitary ware, and everything. Still, today, with the advent of technology, the consumer’s visit has been minimized because of the availability of several apps and programs. Mobile applications and programs have made it easy for consumers to shop as and when they desire without depending on any other source or person. NMIMS BBA – B.Com Consumer Behaviour Solved Answer Assignment Conclusion: The whole idea of regulating consumer behavior this way is to make consumers beware of their purchases. The doctrine of caveat emptor applies here, which means let the consumer beware, i.e., before purchase, it is expected from the consumer that they verify all the details of the product efficiently and then purchase it so that if any discrepancy arises later on, then the seller cannot be held liable if it is related to something that buyer was expected to be aware of, or buyer was expected to satisfy itself. NMIMS BBA – B.Com Consumer Behaviour Solved Answer Assignment What are the approaches to the type of innovations a company should adopt to get a more significant market share and be in the number one position in the market? (10 Marks) Ans: Introduction: In today’s capitalist world, every business corporation wishes to acquire the largest market share and the whole market. It is in line with the profit-making approach of the companies as opposed to the welfare-oriented approach of the govt. Concept & Application: Innovation is not something separate from everything else a business is doing. However, it is to move your business forward to study the marketplace, the behavior of consumers, and what the potential consumers are demanding and to understand how these innovations can add value to our customers. Conclusion: Innovation is not something separate from everything else a business is doing. However, it is to move your business forward to study the marketplace, the behavior of consumers, and what the potential consumers are demanding and to understand how these innovations can add value to our customers. Case Study Q3a. Why is the online platform growing for a product segment like a smartphone? Introduction: Smartphones have become an essential commodity for one’s day-to-day life. Today, one can live without anything than a smartphone. Because of technological advancements, everybody is willing to use them and avail of certain benefits of government services; smartphones or digital devices have become necessary. Concept & Application: Today, one can live without anything than a smartphone. Because of technological advancements, everybody is willing to use them, and to avail certain benefits of govt services, smartphones or digital devices have become a necessity. Conclusion: It is the behavior of consumers that they wish to maximize their choices and satisfaction with minimalist cost and time. Consumers are willing to increase the quality of the product along with lower prices. Q3b. What are the price points where the smartphones are selling, and where is the focus of the companies more on for the sales? (5 Marks) Introduction: Smartphones have become an essential commodity for one’s day-to-day life. Today, one can live without anything than a smartphone. Because of technological advancements, everybody is willing to use them and avail of certain benefits of govt services; Concept & Application: In today’s capitalist world, every business corporation wishes to acquire the largest market share and the whole market. It is in line with the profit-making approach of the companies as opposed to the welfare-oriented approach of the govt. Conclusion: It is the behavior of consumers that they wish to maximize their choices and satisfaction with minimalist cost and time. Consumers are willing to increase the quality of the product along with lower prices. To get the complete answer/solution to this NMIMS assignment, you can contact Dr. Aravind Banakar’s Academic Writing Services. Dr. Aravind Banakar prepares two types of Assignments. General assignments & Customized assignments. Both assignments are 100 % Plagiarism-free. Dr. Aravind Banakar is the number 1 NMIMS Academic Writing Professional. He is a highly experienced academic professional and a reputable and reliable academic content writer with over 24 years of experience. You can obtain ready-made, customized, plagiarism-free MBA, BBA, EMBA, and B.Com assignments. Important Notice for NMIMS Assignments: To ensure your NMIMS assignments meet the university’s standards, The NMIMS Assignments must be 100% customized, plagiarism-free, and unique. Copying from Google, AI tools, blogs, books, or any other sources is strictly prohibited, and if you copy answers, you will get ZERO marks. Before purchasing assignments from any academic writer, always demand the following verification: Turnitin Report– To ensure the content is plagiarism-free. Grammarly Report– This is to ensure grammar and writing quality. AI Detection Report– To guarantee no AI-generated content. Remember, these reports are not just a formality. They are your shield against ZERO marks. Take charge of your grades by ensuring your work is original and meets NMIMS standards. Dr. Banakar leads a team of over 100 PhD-qualified professionals dedicated to creating high-quality, plagiarism-free assignments tailored to meet the exact standards and requirements of NMIMS. With a proven track record, students who have used his services often score 25+ marks out of 30, highlighting the level of detail, precision, and thorough research into every assignment. This emphasis on research instills confidence in the quality of the work.

NMIMS BBA – B.Com Consumer Behaviour Solved Answer Assignment Read More »

NMIMS BBA – B.Com Business Statistics for Decision Making Solved Answer Assignment

NMIMS / Arvind Banakar

NMIMS BBA – B.Com Business Statistics for Decision Making Solved Answer Assignment Ans : Business Statistics for Decision Making NMIMS BBA – B.Com Business Statistics for Decision Making Solved Answer Assignment 1)Business Statistics for Decision Making or, in a greater sense, Data Analysis for Decision Making is fundamental to Business Decisions in a competitive world. Explain the statement concerning suitable examples. (10 Marks) Introduction: In the capitalist world today, every business corporation wishes to acquire the largest market share and the whole market. It is in line with the profit-making approach of the companies as opposed to the welfare-oriented approach of the govt. Due to the advent of globalization, businesses have expanded their business statistics in the outer world, which has somehow increased their market share and even provided them with an increased number and variety of customers. NMIMS BBA – B.Com Business Statistics for Decision Making Solved Answer Assignment Concept & Application Statistics is a field or department of business wherein all the data related to the business, its market, consumer, and all the stakeholders are collected, analyzed, interpreted and presented to the concerned parties. These numbers are essential in any business regardless of the mode of functioning of the business (traditional or digital). They tell us and reflect on the status of the business, its market share, the demand for its product or services by the consumer, how well it is performing, what is its priority sector (profit-making sector), and what is leading to loss-making. Thus, it is essential for every business to timely collect and analyze this data according to various disciplines and then make decisions. NMIMS BBA – B.Com Business Statistics for Decision Making Solved Answer Assignment Conclusion: Thus, it is essential for every business to timely collect and analyze this data according to various disciplines and then make decisions. It is to be noted that ultimately the business wants to earn a profit, and they need to make decisions in such direction only. NMIMS BBA – B.Com Business Statistics for Decision Making Solved Answer Assignment 2) Measures of Central Tendency tell us the nature of the data collected for analysis. State the uses of the various measures of central tendency in business decision-making. (10 Marks) Introduction: It is to be noted that ultimately the business wants to earn a profit, and they need to make decisions in such direction only. Statistics is a field or department of business wherein all the data related to the business, its market, consumer, and all the stakeholders are collected, analyzed, interpreted and presented to the concerned parties. Concept & Application Various mathematical formulas or disciplines help us estimate and calculate the average or the median of data. Central tendency comprises two words, Central and Tendency, and Central refers to the central value or average value of statistics data or a piece of quantitative information. Tendency refers to a method or measure. So central tendency refers to finding the central or average value of a sample size data or quantitative information. Conclusion: These numbers are essential in any business regardless of the mode of functioning of the business (traditional or digital). They tell us and reflect on the status of the business, its market share, the demand for its product or services by the consumer, how well it is performing, what is its priority sector (profit-making sector) and what is leading to loss-making. 3 a) Coefficient of Variation measures the variability of data points in a data set. Concerning this, explain this statement. (5 Marks) – Introduction: Statistics is a field or department of business wherein all the data related to the business, its market, consumer, and all the stakeholders are collected, analyzed, interpreted and presented to the concerned parties. Concept & Application The coefficient of variation is a measure of the variability of data points in a data set: There is a concept of dispersion in business statistics under which the quantity is used to ascertain the extent of variability of data. The coefficient of variation is a type of measure of dispersion. Thus, it is used by the Business statistician to understand the average or the mean value of the data. Conclusion: Thus the statement, in a nutshell, means that this coefficient of variation is a method through which the business statistician understands the changes happening in the data, whether drastic or regular, or correspondence, in a given database. b) Concerning the Coefficient of Variation (CV), calculate the CV of two data sets where the Standard Deviation and Mean of the data set are 2.5 and 76, respectively, and the Standard Deviation and Mean of the second data set are 8.9 and 45. Infer your results. Introduction: It is to be noted that ultimately the business wants to earn a profit, and they need to make decisions in such direction only. Statistics is a field or department of business wherein all the data related to the business, its market, consumer, and all the stakeholders are collected, analyzed, interpreted and presented to the concerned parties. Concept & Application There is a concept of dispersion in business statistics under which the quantity is used to ascertain the extent of variability of data. The coefficient of variation is a type of measure of dispersion. Conclusion: There are, however, disadvantages to using relative standard deviation instead of absolute one. For one, it cannot be used to construct confidence intervals for the mean. When the mean is close to zero, the CV approaches infinity, making it very sensitive to small changes in the mean. To get the complete answer/solution to this NMIMS assignment, you can contact Dr. Aravind Banakar’s Academic Writing Services. Dr. Aravind Banakar prepares two types of Assignments. General assignments & Customized assignments. Both assignments are 100 % Plagiarism-free. Dr. Aravind Banakar is the number 1 NMIMS Academic Writing Professional. He is a highly experienced academic professional and a reputable and reliable academic content writer with over 24 years of experience. You can obtain ready-made, customized, plagiarism-free MBA,

NMIMS BBA – B.Com Business Statistics for Decision Making Solved Answer Assignment Read More »

NMIMS BBA – B.Com Business Ethics & Corporate Governance Solved Answer Assignment

NMIMS / Arvind Banakar

NMIMS BBA – B.Com Business Ethics & Corporate Governance Solved Answer Assignment Ans : Business Ethics & Corporate Governance NMIMS BBA – B.Com Business Ethics & Corporate Governance Solved Answer Assignment Q1. A mid-sized company that produces consumer goods is facing issues related to unethical behavior among its employees. There have been several cases of bribery, corruption, and environmental violations. The company’s management team wants to establish and promote a sustainable ethical culture to prevent these issues from recurring and to improve the company’s reputation. “What specific strategies and actions can an organization implement using the 7S model to establish and promote a sustainable ethical culture, and how can the effectiveness of these initiatives be measured?” Ans : Introduction: Unethical behavior among employees can damage the reputation and sustainability of an organization. Therefore, establishing a sustainable, ethical culture in the workplace is essential. The 7S model can create a framework for promoting and sustaining an ethical culture in the organization. NMIMS BBA – B.Com Business Ethics & Corporate Governance Solved Answer Assignment Concepts and Applications: In today’s global market, many organizations are facing issues related to unethical behavior among their employees. It can result in a decline in the company’s reputation, loss of customer trust, and even legal issues. A mid-sized company that produces consumer goods is facing similar issues. The management team wants to establish and promote a sustainable, ethical culture to prevent such issues from recurring. NMIMS BBA – B.Com Business Ethics & Corporate Governance Solved Answer Assignment The 7S model is a management framework that provides a holistic approach to improving organizational effectiveness. It comprises seven interdependent elements: strategy, structure, systems, style, staff, skills, and shared values. These elements are interconnected and influence one another. The model provides a roadmap for aligning these elements to effectively achieve the organization’s goals. NMIMS BBA – B.Com Business Ethics & Corporate Governance Solved Answer Assignment Conclusion: Establishing and promoting a sustainable, ethical culture in the workplace is essential to prevent unethical behavior and improve the reputation and sustainability of an organization. The 7S model provides a framework for aligning the elements of an organization to achieve its goals effectively. Q2. Sara is a financial advisor at a reputable firm. She has a client named John who is interested in investing his money in a certain company that Sara knows has a high potential for growth. However, Sara also has personal investments in that company and stands to gain financially if John invests. How might Sara’s conflict of interest impact her ability to promote John’s well-being in accordance with the PERMA model? (10 Marks) Ans : Introduction: John is a client of Sara, a financial adviser who has expressed interest in investing in a particular company. Sara is aware that this particular business has a significant capacity for expansion. However, Sara has personal investments in that business and can gain financially if John also invests. Concepts and the Applications: The PERMA model is a framework for understanding and supporting human well-being that can be found in many different fields. The letters in the acronym represent Positive emotion, Engagement, Relationships, and Meaning and Accomplishment. According to this model, people who are more likely to experience general well-being are those who have positive feelings, participate in meaningful and satisfying activities, and have strong relationships with others. Conclusion: In conclusion, for a financial advisor to effectively support the well-being of their clients following the PERMA model, the advisor should avoid conflicts of interest whenever possible. Q3 a) You are a senior executive at a large corporation that has been struggling financially due to the COVID-19 pandemic. Your boss approaches you with a proposal: if you falsify the company’s financial statements to make it look like they are performing better than they actually are, you will receive a significant bonus and your job will be secure. What do you do? Discuss this answer on the basis of the Ethical temptation (The business ethics trade off framework can be considered. (5 Marks) Ans : Introduction: Business ethics are essential for maintaining the trust and integrity of an organization. However, ethical dilemmas may arise in certain situations, making it challenging to make the right decision. Concepts and Applications: The business ethics trade-off framework suggests that ethical dilemmas arise due to stakeholders competing interests. In this case, the senior executive is tempted to falsify financial statements to artificially improve the company’s performance, leading to a significant bonus and job security. However, this decision is unethical and can severely affect the organization, its stakeholders, and society. Conclusion: In conclusion, the ethical temptation faced by a senior executive to falsify financial statements for personal gains is a serious ethical dilemma that requires careful consideration. 3b) You are a marketing manager for a well-known beauty brand that is launching a new line of skincare products. You have been instructed by your boss to use before-and-after photos that are not an accurate representation of the results the product actually delivers. Additionally, your boss wants to pay social media influencers to endorse the products without disclosing that they are being paid to do so. What unfair business practices are being used in this scenario? Discuss in detail (5 Marks) Ans : Introduction: Misleading consumers through deceptive advertising is not a new practice in the beauty industry. Consumers purchase beauty products hoping to improve their skin, hair, or overall appearance, and they rely on the brand’s claims to make informed decisions. Concepts and Applications: Unfair business practices in the beauty industry: False advertising: Using false or misleading statements in advertising to promote a product or service. This includes using before-and-after photos that are not an accurate representation of the product’s results. In this scenario, the beauty brand’s marketing manager is instructed to use before-and-after photos that do not accurately represent the results the product delivers. Conclusion: Unfair business practices in the beauty industry can severely affect consumers, brands, and the industry. In this scenario, the beauty brand’s marketing manager

NMIMS BBA – B.Com Business Ethics & Corporate Governance Solved Answer Assignment Read More »

NMIMS BBA – B.Com Business Communication Solved Answer Assignment

NMIMS / Arvind Banakar

NMIMS BBA – B.Com Business Communication Solved Answer Assignment Ans : Business Communication NMIMS BBA – B.Com Business Communication Solved Answer Assignment Question 1: Mr. Varun Shah is the CEO of a new event company setup six months back. The Company has around 100 employees working in it. In order to discuss a new event or growth of the firm or any past events with the managers what mode of verbal communication must Mr. Varun use and why? Introduction Mr Varun Shah, in his role as Chief Executive Officer of a brand-new event business that employs somewhere in the neighbourhood of one hundred people, is burdened with the responsibility of maintaining open and productive lines of communication with his managers so that they may discuss different parts of the firm. Face-to-face interaction is the most effective kind of verbal communication that Mr Varun may use, whether discussing previous events, future events, or the organization’s growth. This is because a discussion that takes place in person is more natural than one that takes place over the phone. As a consequence of this, Concept and application Because of this, he can respond in real-time to any enquiries or concerns, guaranteeing clear communication and preventing misconceptions. The use of nonverbal signals is one of the most critical components that must be present to achieve successful communication. Mr Varun is able to observe the nonverbal signals transmitted by his superiors when they engage in face-to-face conversation with him. These nonverbal cues include their postures, facial expressions, and gestures. These ideas provide beneficial and insightful insights regarding the degree to which they are interested and agree with the statement, in addition to any areas of concern that may be located within the text. Mr Varun can adapt not just how he communicates but also the substance of his message in response to new information that he has access to as a result of having access to the information above. Conclusion In conclusion, Mr Varun Shah should prioritize face-to-face contact with his management to discuss new events and the company’s expansion or review events that have already occurred. This will allow him to discuss and study events that have already taken place. Question 2: Prof Albert Mehrabian has formulated the Mehrabian Circle that states “there are 3 types of fundamental elements of one-to-one communication.” Which are the 3 elements in the Mehrabian Circle and which has the maximum weightage? Give Reasons for your answer also 4 components of the same element. Introduction Verbal, vocal, and nonverbal communication are the primary subcategories into which the Mehrabian Circle may be partitioned when analyzing its core components. When it comes to communication, each member fulfils a unique purpose, and the weight that is proportionately allocated to those roles affects the impact that those roles have on the influence that those roles have on the meaning of the message as a whole. NMIMS BBA – B.Com Business Communication Solved Answer Assignment Concept and application Vocal Communication Vocal communication is a term that may refer to the volume of speech in addition to its tone, pitch, and volume, as well as other qualities of the voice. It incorporates intonation, emphasis, rhythm, tempo, and other elements. Using one’s voice as a means of communication has more weight than using one’s lips alone as a means of communication; it accounts for 38% of the total effect. Using one’s voice as a means of communication has more weight than using one’s lips alone as a means of communication. Not only can how a message is delivered verbally to an audience have a significant influence on how that audience receives the message, but it may also have a significant impact on the emotional impact that the message has on that audience. NMIMS BBA – B.Com Business Communication Solved Answer Assignment Conclusion The findings of the Mehrabian Circle, shown in this conclusion, indicate that verbal, voice, and nonverbal communication are the three fundamental components that make up one-to-one communication. Other forms of communication, such as nonverbal communication, are also included. These are the three significant elements that are responsible for forming one-on-one communication. NMIMS BBA – B.Com Business Communication Solved Answer Assignment Question 3. a:A. What was the reason of Tylenol-related deaths in 1982? Explain the crisis communication steps taken by J&J. Introduction Cyanide poisoning was the cause of death in all of the Tylenol-related fatalities in 1982. It was revealed that the Tylenol capsules had been opened, and an unauthorized person had placed cyanide inside them. Concept and application Actions Taken by J&J to Address the Crisis in Communication J&J took prompt and decisive action in response to the issue, acting immediately to remedy the situation. They warned people not to take Tylenol products by disseminating warning letters to the national media and distributing them to the police. As a demonstration of its dedication to the safety of its customers, the business moved quickly to recall all bottles of Tylenol from retail locations in the United States. Conclusion In conclusion, Johnson & Johnson (J&J) responded to the tampering episodes involving Tylenol in 1982 by significantly improving their crisis communication. Question 3. b: How does the PR communication of a company during s crisis determine whether the company’s reputation will be irreparably damaged during the crisis or the company will bounce back stronger than before? Give examples and non-examples (examples which are not good crisis communication) to explain your point. Introduction The PR communication of a company during a crisis is crucial in determining whether the company’s reputation will be irreparably injured or rebound stronger than before. Transparency, empathy, timeliness, and a proactive approach to dealing with the crisis are essential to effective crisis communication. Concept and application To illustrate these principles, the following examples and non-examples of crisis communication are provided: Illustrations of Effective Crisis Communication Johnson & Johnson (Tylenol Crisis): In the previously mentioned

NMIMS BBA – B.Com Business Communication Solved Answer Assignment Read More »

NMIMS BBA – B.Com Business and Allied Law Solved Answer Assignment

NMIMS / Arvind Banakar

NMIMS BBA – B.Com Business and Allied Law Solved Answer Assignment Ans : Business and Allied Law NMIMS BBA – B.Com Business and Allied Law Solved Answer Assignment Q1. Many employers abuse “fixed-term-contract” by rolling it over to a new period. This is being done to discriminate the fixed-term-employee in comparison with permanent-employee and yet get the same return as that of permanent-employee. Explain how the new Code on Labor Law addresses this problem. Ans Introduction: NMIMS BBA – B.Com Business and Allied Law Solved Answer Assignment After the amalgamation of labor laws in 2020, all the previous acts have been amalgamated into four broad codes: Code on Industrial Relations, Code on Social Security and Employment Benefits, Code on Wages, Code on occupational safety, health, and standards. Concept & Application: SECURITY AND BENEFITS TO EMPLOYEES: Among these four codes, the code on social security deals with the security and the benefits available to employees. It highlights the different kinds of occupations that fall under the term ‘employment’ definition. There are several benefits laid down in the code which these employees can avail themselves of for their benefits. The need for providing these benefits arose due to exploitation by employers. NMIMS BBA – B.Com Business and Allied Law Solved Answer Assignment CONCLUSION: The code has also promoted the idea of labor unions, whose purpose shall be to strive for the rights of the laborers. The laborers must be given all their rights. They can readily seek the court’s grievance and the available redressal mechanism if any of that would be infringed upon or violated. NMIMS BBA – B.Com Business and Allied Law Solved Answer Assignment Q2. Mr. ABC purchased varnish from M/s XYZ Ltd. While using the product, Mr. ABC contracted a health hazard. He filed a complaint in the consumer forum and the company submitted its reply saying that the “chemical composition is visible on the product package and the consumer knew exactly what he was buying”. Based on this ground, the company is seeking consumer forum to reject the complaint. Discuss the maintainability of company’s reply. (10 Marks) Ans INTRODUCTION: The Indian Judiciary has time and again given various judgments where it has ensured the protection of employees. The employees are given much attention because they are in a disadvantageous or weak position compared to the employers. They are the persons who are in immediate need of employment. NMIMS BBA – B.Com Business and Allied Law Solved Answer Assignment Concept & Application: MAINTAINABILITY OF THE COMPANY’S REPLY: The Indian Parliament enacted the Consumer Protection Act of 1986 to protect consumers from harassment or violation of their rights. The Act, for the first time, introduced the concept of “consumer.” The Act of 1986 was passed to provide a simple and quick solution to consumer complaints. The purpose of the Act was to promote and protect consumers’ interests against any failure by sellers or traders to provide goods and services, as well as to protect consumers from unfair trade practices of manufacturers and traders. CONCLUSION: In the present case, the company’s reply is maintainable before the court of law because it reflects the consumer’s mistake of being beware. It requires the consumer to look at the product properly and then use it. Q3. The concept of “safe harbor” protects a party in good faith who might otherwise violate law(s) on technicalities beyond their reasonable control. In this background, imagine you are running a company which hosts an “online marketplace” website. An NGO has filed a case against our company alleging that few “sex-drugs” were sold without requisite license (which involves non-compliance of various laws). a) Discuss whether the company can claim protection under the concept of “safe harbor”. (5 Marks) Ans INTRODUCTION: In India, the contracts are governed by the Indian Contract Act of 1872. The legislature enacted this law to monitor the contracts two parties enter into. It defines a contract as an agreement between two or more parties combined with the enforceability of law. NMIMS BBA – B.Com Business and Allied Law Solved Answer Assignment Concept & Application: SAFE HARBOR RULE: Safe harbor is a rule in the legal framework under which the parties try to eliminate or avoid certain legal or regulatory situations, provided certain prescribed conditions are to be met. Thus, it is a contingent thing where the principle application depends upon the fact that some conditions are fulfilled before or after the situation. NMIMS BBA – B.Com Business and Allied Law Solved Answer Assignment CONCLUSION: In the instant case, the company can claim the protection of the safe harbor rule because here, even if the sex drugs have been sold without a requisite license, it has been done without the owner’s knowledge. b) Discuss what measures can be taken by the company to prevent such abuse of the online marketplace. Ans : INTRODUCTION: Indian legal system has characterized different kinds of legislation for different issues or matters. All aim to maintain social justice and balance the conflicting interest between the two likely affected parties. Similarly, a whole class of legislation talks about the idea of Harassment, which can be at the workplace or some other place. Concept & Application: MEASURES TAKEN BY THE COMPANY: Strict adherence to laws: The company must develop a robust legal system where compliance with all the laws and rules is done properly and vigilantly by all the company’s departments, and such a complaint and loophole should not arise in the future. The legal department must also take care of the timely renewal of the license. The license of all the requisite commodities must be taken timely, and also try to renew the license as and when they expire. The company must also stop selling the product whose license has either not been taken or renewed. Maintaining strict adherence to laws, policies, and regulations is essential. CONCLUSION: The court must

NMIMS BBA – B.Com Business and Allied Law Solved Answer Assignment Read More »

NMIMS BBA – B.Com Banking & Insurance Solved Answer Assignment

NMIMS / Arvind Banakar

NMIMS BBA – B.Com Banking & Insurance Solved Answer Assignment Ans : Banking & Insurance NMIMS BBA – B.Com Banking & Insurance Solved Answer Assignment In March 2022, major Central Banks worldwide started increasing interest rates resulting in higher Treasury Bill yields and failure of few banks in US (due to selling of Assets to meet liquidity). Explain the role Treasury Policies & ALCO for liquidity management? (10 Marks) Ans: NMIMS BBA – B.Com Banking & Insurance Solved Answer Assignment Introduction Treasury management is crucial in the banking industry as it is responsible for maintaining institutions’ financial stability and liquidity. Bank asset and liability management involves implementing various techniques and policies to efficiently oversee a bank’s assets and liabilities to maximize profitability and minimize risks. Concept and Application Treasury policies refer to the norms and processes banks implement to regulate their treasury activities. These rules are formulated to guarantee cautious risk management, uphold sufficient liquidity, and maximize the return on investment. The main goal of treasury policies is to efficiently handle liquidity, particularly in market volatility or economic uncertainty. The recent surge in interest rates implemented by prominent central banks has substantially affected banks’ liquidity positions. As interest rates grow, the returns on Treasury Bills also rise, making them more appealing investment choices for banks. Nevertheless, an increase in T-bill rates might result in a decline in the market value of current bond investments, impacting banks’ financial positions. Conclusion Ultimately, treasury management is essential for preserving institutions’ financial well-being and stability. The recent surge in interest rates and the collapse of certain banks in the US highlights the significance of solid treasury policies and efficient ALCO governance. NMIMS BBA – B.Com Banking & Insurance Solved Answer Assignment A British MNC in India want to move their Corporate Treasury to Head Office in London for better liquidity management. Explain what are the considerations when choosing the location to setup a Corporate Treasury office? (10 Marks) Ans: Introduction: Corporate treasury management is an essential financial management component for multinational corporations (MNCs), especially in the banking industry. Financial management entails strategically overseeing a company’s financial resources, debts, and potential hazards to guarantee the most advantageous liquidity, funding, and investment choices. Concept and Application: Regulatory Framework: Treasury activities are greatly influenced by the regulatory environment. As a prominent international financial center, London provides a robust regulatory environment with explicit guidelines for treasury activities. The stability and predictability mentioned are essential for efficiently managing financial risks. Market Access and Connectivity:London has exceptional market access and connectivity, granting unrivaled entry to worldwide financial markets, encompassing foreign exchange, money markets, and capital markets. This enables multinational corporations (MNCs) to enhance their liquidity management strategies by facilitating efficient fundraising, investing, and hedging activities. Conclusion: To relocate a corporate treasury office from India to London, it is crucial to thoroughly evaluate multiple factors such as the regulatory framework, market accessibility, financial infrastructure, tax consequences, risk management, availability of skilled workforce, currency considerations, cost implications, strategic compatibility, and political-economic stability. NMIMS BBA – B.Com Banking & Insurance Solved Answer Assignment In view of settlement risk and increasing interest rates, explain the following:a a.What is Herstatt risk? (5 Marks) Ans: Introduction: Treasury management in banking involves employing various techniques and practices to handle a bank’s financial assets and liabilities efficiently. This includes effectively managing liquidity, interest rate, and settlement risks. Of all the dangers, Herstatt risk is particularly worrisome for banks involved in foreign operations, significantly when interest rates are rising. Concept and Application: Herstatt risk, named after the German bank Bankhaus Herstatt, pertains to the potential failure of settlement in foreign exchange transactions caused by disparities in time zones. It happens when one party involved in a foreign exchange transaction meets its responsibility to make a payment in a specific currency. Nevertheless, the counterparty must provide the specified quantity in the alternative currency. This failure commonly occurs due to a time lag between the two stages of the transaction, which is caused by disparities in the operating hours of the payment systems or financial institutions involved. Conclusion: In summary, Herstatt risk presents a substantial obstacle for banks involved in global operations, especially in the face of rising interest rates and changing market conditions. b.How Assets and Liabilities are considered Rate Sensitive? (5 Marks) Ans: Introduction Treasury management in banking refers to strategically managing a bank’s assets and obligations to assure the bank’s liquidity, profitability, and effective risk management. An essential component of treasury management involves comprehending the impact of interest rate fluctuations on assets and obligations, particularly in the context of rising rates and settlement risk. Concept and Application Interest rate sensitivity pertains to the extent to which the value of financial instruments, such as assets and obligations, alters in reaction to variations in interest rates. Sensitivity to interest rate fluctuations is paramount for banks, as it can significantly affect their profitability, risk exposure, and overall financial well-being. Conclusion Understanding the impact of interest rate changes on assets and liabilities is crucial for efficient treasury management in the banking sector, especially when interest rates increase and settlement is dangerous. To get the complete answer/solution to this NMIMS assignment, you can contact Dr. Aravind Banakar’s Academic Writing Services. Dr. Aravind Banakar prepares two types of Assignments. General assignments & Customized assignments. Both assignments are 100 % Plagiarism-free. Dr. Aravind Banakar is the number 1 NMIMS Academic Writing Professional. He is a highly experienced academic professional and a reputable and reliable academic content writer with over 24 years of experience. You can obtain ready-made, customized, plagiarism-free MBA, BBA, EMBA, and B.Com assignments. Important Notice for NMIMS Assignments: To ensure your NMIMS assignments meet the university’s standards, The NMIMS Assignments must be 100% customized, plagiarism-free, and unique. Copying from Google, AI tools, blogs, books, or any other sources is strictly prohibited, and if you copy answers, you will get ZERO marks. Before purchasing assignments from any academic writer, always demand the following verification: Turnitin Report– To ensure the content is plagiarism-free.

NMIMS BBA – B.Com Banking & Insurance Solved Answer Assignment Read More »

NMIMS BBA – B.Com Advanced Financial Accounting Solved Answer Assignment

NMIMS / Arvind Banakar

NMIMS BBA – B.Com Advanced Financial Accounting Solved Answer Assignment Ans : Advanced Financial Accounting NMIMS BBA – B.Com Advanced Financial Accounting Solved Answer Assignment Q.1 The Balance sheet of AB Co. and PQ Co. as of 31st March 2021 was as follows. AB co. took over PQ co. for Rs 450000 and paid equity shares for settlement of PC AB Co. took over all the assets and Liabilities of PQ Co. Identify the method of Purchase consideration and explain it and discuss the entries to be passed in AB Company. (10 Marks) NMIMS BBA – B.Com Advanced Financial Accounting Solved Answer Assignment Introduction There are several different purchase consideration methods that people use. One of the most common is the cost-benefit analysis. While it originates with making purchases, close by are many altered aspects that arise into play. One of the most important of these factors is the purchase consideration method. This refers to how individuals evaluate and compare different products or services before deciding to buy. Concepts and Applications The given Balance Sheet of AB Co. and PQ Co. shows that AB Co. has taken over PQ Co. for Rs 450000 and paid the settlement of the purchase consideration using equity shares. AB Co. has taken over all the assets and liabilities of PQ Co. The method of purchase consideration used in this case is Share Acquisition Method. An important method of purchase consideration is the emotional decision-making approach. This involves making purchasing decisions based on how a product or service makes an individual feel rather than on its practical benefits or cost. Consideration curation includes selecting and curating options to find the perfect purchase. NMIMS BBA – B.Com Advanced Financial Accounting Solved Answer Assignment Conclusion To conclude, many other factors can influence purchase consideration. These might include brand reputation, product quality, customer service, and environmental or social impact. For example, someone might choose to buy a product from a company with a good reputation for sustainability, even if it is more expensive than other options. NMIMS BBA – B.Com Advanced Financial Accounting Solved Answer Assignment 2 There are various methods used for the valuation of goodwill. However, the selection of a valuation method depends on different business practices adopted by the company. So you are required to discuss commonly used methods for the valuation of goodwill in detail with suitable examples. (10 Marks) ANS: Introduction The premium salaried for the attainment reflects the worth of the developedbusiness’s intangible resources, such as its reputation, customer base, and brand recognition. Therefore, goodwill is the changeamid the acquisitionworth of a business & the reasonablemarketplaceworth of its tangible resources.Valuing goodwill can be complex and requires a thorough understanding of the company’s financial statements, market position, and the industry in which it operates. Concepts and Applications Goodwill is an imperceptiblestrength that signifies the worth of a business’s brand name, client base & other imperceptibleresources that donate to its capability to produce revenue. The valuation of goodwill is important for financial reporting, taxation, mergers, and acquisitions. There are several commonly used methods for the valuation of goodwill, including: Income Approach: This method estimates the worth of goodwill by analyzing the upcoming economic benefits that the corporate is predicted to produce. This approach’s most commonly used techniques are discounted cash flow (DCF) and capitalized earnings. Conclusion Goodwill can have a significant impact on a business’s balance sheets. Valuing goodwill accurately is essential for companies to understand their overall financial position and make strategic decisions. An accurate valuation can also help companies attract potential investors and secure financing for future growth. NMIMS BBA – B.Com Advanced Financial Accounting Solved Answer Assignment Q.3 Shell Ltd furnishes the following information. Calculate the Valuevalue of closing inventory as of 31st March and the cost of goods sold during March Month Using the FIFO method under a periodic inventory system and explaining the concept of the FIFO Method (5 Marks) ANS: Introduction The FIFO (First-In, First-Out) scheme is a popular accountestimatetechnique used by many companies. It is based on the principle that the 1st items bought or formed are the 1stitems vented or used, and the most recent items are left in inventory. Concepts and Applications FIFO (First-In, First-Out) is a technique of recordassessment where the 1st goods bought are expected to be the 1stgoods vented. That means that the price of the earliest record items is matched against the revenue from the first goods sold. In other words, the price of the items vended is founded on the price of the earliest units available in the record. Conclusion The FIFO method benefits companies that sell or use perishable goods or items with a limited shelf life. By selling or using the oldest items first, the companies can avoid spoilage or obsolescence of inventory, reducing the likelihood of inventory losses. b) Under the Perpetual Inventory system and interpret it. (5 Marks) ANS: Introduction A perpetual Inventory Method is a method of recordadministrationthat involves keeping a continuous record of inventory movements, including purchases, sales, and adjustments, in real-time. This system provides an up-to-date history of inventory levels. Concepts and Applications By using the perpetual inventory system: 1st March: The opening stock on 1st March is 1000 units at a rate of $10 per unit. This means that the value of the opening stock is $10,000 (1000 units x $10 per unit). 5th March: This purchase costs $40,000 (2000 units x $20 per unit). 16th March: This purchase costs $62,500 (2500 units x $25 per unit). 20th March: The cost of goods sold for this sale could be calculated utilizing the weighted average method as follows: Conclusion In conclusion, the perpetual inventory system provides accurate and up-to-date inventory levels, purchases, and sales records. By maintaining a continuous history of inventory movements, businesses can track inventory costs and ensure they have the necessary stock to meet customer demand. To get the complete answer/solution to this NMIMS assignment, you can contact Dr. Aravind Banakar’s Academic

NMIMS BBA – B.Com Advanced Financial Accounting Solved Answer Assignment Read More »

NMIMS BBA – B.Com Audit – II Solved Answer Assignment

NMIMS / Arvind Banakar

NMIMS BBA – B.Com Audit – II Solved Answer Assignment Ans : Audit – II Q.1 You are a senior auditor of LENA Bank Ltd. Please explain the different types of risk associated in the Indian banking sector. (10 Marks) SOLUTION Introduction: NMIMS BBA – B.Com Audit – II Solved Answer Assignment In the banking industry, investments or assets may result in risks, meaning the potential for unfavorable outcomes or returns. will be different from anticipated. The likelihood of a product being different from the expected or desired one is what we mean when discussing the risk. Credit, market, operational, liquidity, business, reputational, and systematic chances are some of the most prominent dangers in the banking industry. Concept and application: The Reserve Bank of India (RBI) is responsible for establishing the rules, standards, and regulations that govern the banking industry. The following are some examples of distinct categories of risk in the banking industry: Liquidity Risk Interest Rate Risk Market or pricing Risk Credit or Default Risk The risk of operations Let us have an in-depth understanding of each of them. NMIMS BBA – B.Com Audit – II Solved Answer Assignment Conclusion: The Reserve Bank of India (RBI), the primary regulator of the banking industry, takes several measures to control the risks discussed earlier in this article. The capital adequacy, assets quality management, earnings quality, liquidity, and sensitivity to market risk framework is an example of the framework that may be used to measure the risks associated with a bank by utilizing the bank’s financial statements. Q.2 You are a director of Meta Pvt Ltd. You have recently crossed the turnover of Rs. 1 crore. Now you are required to appoint tax auditor. Please write down who can audit the accounts under the Income Tax Act to present in the board meeting? (10 Marks) NMIMS BBA – B.Com Audit – II Solved Answer Assignment SOLUTION Introduction: An impartial investigation of a company’s financial records, followed by the compilation of a report based on the investigation’s findings, is what is meant by the term “audit.” The examination’s findings and the author’s conclusions need to be included in the report. Therefore, it is either an analysis or a review of the facts. An auditor is an individual who is responsible for carrying out an audit by the various relevant laws. Concept and application: In the scenario presented, Meta Private Limited has a turnover higher than one crore and must hire a tax auditor to conduct the tax audit. Therefore, it is of the utmost importance to understand the fundamental qualifications and characteristics that a candidate must have for the auditor position. To be qualified to act as an auditor by the Companies Act of 2013, a person must first become a member of the Institute of Chartered Accountants of India and then obtain a certificate of practice. The following are some of the attributes that an auditor should have: Conclusion: A company may be governed by the norms of several laws that are applicable, and depending on whether or not the audit is appropriate, the company must employ a qualified auditor to ensure that its books of accounts are accurate and have been examined. Q.3 You are representative of ABC & Co Chartered accountant. a) Newly elected members of local body in Pune district have approached you to attend the meeting. You are required prepare the list of objectives of an audit of local bodies? (5 Marks) SOLUTION Introduction: A local body is any institution that exercises its autonomy at the local level. It administrates a somewhat compact region or community, such as a collection of villages, towns, or cities. There are two distinct categories of local bodies in India: Panchayats: These community councils are established to administer, plan, and develop rural areas. You may also hear them referred to as the rural local bodies. Concept and application: These organizations hold the authority to levy taxes on a mandatory basis. These abilities can be confined to a narrow area, as with companies, or they can encompass a greater extent. Financial administration of local bodies covers three basic financial aspects viz. Budgeting Expenditure Control Accounting System Conclusion: A comprehensive system of internal financial control should always include an internal audit as one of its components. Auditing is a form of exercising financial control over local governments, and one way to do so is through conducting audits. b) Rise Pvt Ltd is an emerging company that recently crossed the basic turnover limit for Tax Audit. It would help if you wrote down to Rise Pvt Ltd the reasons for conducting Tax Audits. (5 Marks) SOLUTION Introduction: A record, an account, or a business transaction is examined, checked, reviewed, verified, and inspected as part of the audit. An inspection and verification of an assessee’s books of accounts to determine whether or not they comply with the requirements of the Income Tax law provisions is the procedure that constitutes a tax audit. Concept and application: The provisions for a tax audit can be found in Section 44AB of the Income Tax Act, passed in 1961. It specifies the factors that must be considered while conducting an audit of the financial records of various individuals engaged in the business or profession of running a company or providing a service. These types of people are required to have an experienced Chartered Accountant with a certificate of practice to audit the financial records of their businesses. Conclusion: In summary, a Chartered Accountant (CA) or a CA firm is responsible for carrying out the audit by the requirements of the Income Tax Act. Every individual is limited to a maximum of sixty audits during a single fiscal year. To get the complete answer/solution to this NMIMS assignment, you can contact Dr. Aravind Banakar’s Academic Writing Services. Dr. Aravind Banakar is the number 1 NMIMS Academic Writing Professional. He is a highly experienced academic professional and a reputable and reliable academic content writer with over 24 years of experience. You

NMIMS BBA – B.Com Audit – II Solved Answer Assignment Read More »

Arvind Banakar

Quick Links

Get In Touch