Saturday 20 September 2014

MEFA

III B.Tech I Semester(R05) Supplementary Examinations
MEFA

1. De¯ne Managerial Economics. Explain its nature and scope. [16]
2. What are the needs for demand forecasting. Explain the various steps involved in demand forecasting.
[16]
3. (a) What are Isoquants? Explain the chief characteristics of Isoquants?
(b) What do you understand by Least Cost Combination of inputs and how can it be achieved. [8+8]
4. (a) De¯ne Market and explain how markets are classi¯ed?
(b) What are the important features in any market structure? [12+4]
5. What are the salient features of a company? Why has it become the most popular form of organization?
[16]
6. How do you estimate the ¯xed and working capital requirements of an industrial unit? [16]
7. (a) What is the procedure to be followed while preparing a trial balance and how can you validate
the trial balance prepared.
(b) What are the objectives of preparing the trial balance. [10+6]
8. With the following ¯nancial data, compute. [16]
(a) Current ratio
(b) Quick ratio
(c) Stock- Turnover ratio and

(d) Gross pro¯t ratio.

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